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.



Subscribe to this thread:

Add a comment

    • Testosterone Matters

      Chemistry says men and women are different, and you can’t fool Mother Nature.
    • MS-13 For Dummies

      The backstory on the gang that’s being used to incite fear of Hispanic immigrants.


We Saw You

Spirit Fest, Butcher's Dinner

News Blog

Supreme Court Sets Two More Execution Dates

News Blog

$28M Raleigh Town Center to Break Ground

Film/TV/Etc. Blog

Seven Days In Entebbe

Hungry Memphis

Feast on the Farm with David Krog

News Blog

Commission to End Poverty in Memphis Forms

Politics Beat Blog

On Doing No Harm


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…

© 1996-2018

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