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, Tenn. — Mayor Paul Young will present his first budget plan to the Memphis City Council on Tuesday, and has said it comes with an increase in taxes to fill a $30 million budget gap. Young’s presentation is the first item on the agenda for Tuesday’s meeting, which begins at 3:30. At an event […]