Memphis Has the Highest Tax Rates in Tennessee 

"The highest effective property tax is found in Shelby County, reflecting the impact of an extremely high property tax rate in Memphis," the report's executive summary said. "Memphis has the highest combined county and city nominal tax rate in the state.

Total local taxes are regressive, since each of the three taxes (property tax, sales tax and wheel tax) is separately regressive. Regressivity refers to lower income persons paying a higher percent of their income for taxes than do higher income persons ..."

Read the rest of this post on Memphis taxes at SmartCityMemphis.

Comments

Subscribe to this thread:

Add a comment

ADVERTISEMENT
ADVERTISEMENT

Blogs

Politics Beat Blog

One Eye on The Memphis Women's March, January 21, 2017

News Blog

PODCAST: Two Flyer Guys and the Portland Protests

Beyond the Arc

Grizzlies 107, Kings 91: Game Notes

Intermission Impossible

Hitchcock, Cock Rock, and Bayard Rustin Live on Stage

Tiger Blue

Tigers 70, Houston 67 (OT)

News Blog

Sierra Club Protests Trump's EPA Choice

Film/TV/Etc. Blog

Memphis Comedy Bad, Bad Men Premieres on Amazon Video

Hungry Memphis

Cafe Brooks Debuts, etc.

ADVERTISEMENT

More by John Branston

  • Pit Stops

    Ten BBQ joints worth a day trip from Memphis.
    • May 16, 2013
  • Where Do We Go From Here? | School Choice

    Modest voter turnouts notwithstanding, next week’s referendum is key to the schools’ future.
    • Mar 3, 2011
  • Great Deal or "Get Real"?

    Condos go for half-price in a unique Mindtown neighborhood.
    • Jul 28, 2010
  • More »

Readers also liked…

  • A Letter to the Memphis City Council

    The council gets an “F” for its performance on the Greensward decision.
    • Mar 10, 2016
  • Pay the Band

    Why we should be supporting proposed national music initiatives in Congress.
    • Aug 10, 2015
  • Memphis’ Central Park

    The Memphis Zoo/Overton Park controversy is really about the right of Memphians to craft their environment.
    • Feb 4, 2016
ADVERTISEMENT
© 1996-2017

Contemporary Media
460 Tennessee Street, 2nd Floor | Memphis, TN 38103
Visit our other sites: Memphis Magazine | Memphis Parent | Inside Memphis Business
Powered by Foundation