Seeking Balance in Tax Breaks

Summary


The General Assembly's House-Senate Business Tax Study Committee has decided not to recommend major new state restrictions on the use of tax abatement for economic development.

That's a setback - time will tell how serious - for the proposal by Shelby County Schools Supt. Bobby Webb and others to ban abating the share of local taxes dedicated to public education.

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Extract


Seeking Balance in Tax Breaks

It lends legitimacy to the business-friendly approach in Shelby County, where about one-third of the value of all tax abatem...

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