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Memphis giving away $30M a year in company tax breaks | News

Memphis Mayor Paul Young has proposed a 28 percent property tax increase to raise tens of millions of dollars to pay first responders, fix roads and help our schools. But the city is giving away $30 million a year in tax breaks to some of Memphis biggest companies.

Memphis development: From 100 N Main to The Walk, here s what to look for in 2024

Electrolux sells its Memphis property for $35M Here s who bought it and what s next

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