 
 <prompt> Wetin dey higher, di tax on prepared food or di total sales tax? Based on di previous question, write a context wey contain di answer. E fit be 1 - 20 sentences. Context: <response>: The Tennessee income tax no dey apply to salaries and wages, but most income from stock, bonds and notes receivable dey taxable. All taxable dividends and interest wey pass the $1,250 single exemption or the $2,500 joint exemption dey taxable at the rate of 6%. The state's sales and use tax rate for most items na 7%. Food dey taxed at a lower rate of 5.25%, but candy, dietary supplements and prepared food dey taxed at the full 7% rate. Local sales taxes dey collected for most jurisdictions, at rates wey dey vary from 1.5% to 2.75%, bringing the total sales tax to between 8.5% and 9.75%, one of the highest levels for the nation. Intangible property dey assessed on the shares of stock of stockholders of any loan company, investment company, insurance company or for-profit cemetery companies. The assessment ratio na 40% of the value multiplied by the tax rate for the jurisdiction. Tennessee dey impose an inheritance tax on decedents' estates wey pass maximum single exemption limits ($1,000,000 for deaths in 2006 and thereafter). 