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.

Keep the Flyer Free!

Always independent, always free (never a paywall),
the Memphis Flyer is your source for the best in local news and information.

Now we want to expand and enhance our work.
That's why we're asking you to join us as a Frequent Flyer member.

You'll get membership perks (find out more about those here) and help us continue to deliver the independent journalism you've come to expect.


Favorite

Comments

Subscribe to this thread:

Add a comment

ADVERTISEMENT
ADVERTISEMENT
    • Rags of Humanity

      An act of simple kindness sets an example for all of us.
    • Build Up Not Out

      The Union Row offers an unprecedented opportunity for Memphis.

Blogs

Hungry Memphis

Rizzo's Closing (temporarily) for Repairs

Intermission Impossible

Addicted to Capote? Cloud9 and Mark Chambers tell Tru Stories

News Blog

U of M to Open Tech Research Facilities

News Blog

Explore Bike Share Looking to Expand Staff

News Blog

UPDATE: Water Rights Hearing Postponed Until May

Beyond the Arc

Is It Time To Crank Up The Tank?

News Blog

Commercial Appeal Moving to Peabody Place

Film/TV/Etc. Blog

Music Video Monday: Bleu Levees

News Blog

Media Group Proposes to Buy Gannett Co.

From My Seat

Isaac Bruce: Hall of Famer

ADVERTISEMENT

More by John Branston

  • Pyramid History 101

    Bass Pro should acknowledge the big pointy building’s backstory.
    • May 14, 2015
  • Let it Be

    What to do about the Fairgrounds? How about nothing?
    • Jan 29, 2015
  • Let’s Go, Shelby County Schools!

    Some suggestions for how the new Shelby County Schools system can hold its own in the years to come.
    • Aug 14, 2014
  • More »

Readers also liked…

ADVERTISEMENT
© 1996-2019

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