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Home Front: Politix
Nashville Mayor Cooper's proposed budget includes 32% property tax increase
2020-05-05
Never let a crisis go to waste
[NewsChannel5] Mayor John Cooper filed his recommended budget for the 2021 fiscal year with Metro Council. The $2.447 billion budget includes raising the city's property tax by almost 32% to recover from the financial impact of the March tornado and the COVID-19 shutdown.

"While this budget does not include the many new investments I had hoped to make in a full deployment of body cameras, affordable housing, transportation, social and emotional learning, and much more, this budget will provide needed financial stability to Metro Government," said Mayor Cooper. "Nashville's growth will return once again, our economy will flourish as it did before the storm, and we will not lose sight of the good work we've set out to do on behalf of all Nashvillians."
Posted by:Frank G

#12   property owner writes off the deduction.

The past two years I haven't been able to do that. I have to take the "standard deduction". It's a good thing California still has Proposition 13 but I'm sure Newsom is looking for ways around it.
Posted by: Abu Uluque   2020-05-05 15:36  

#11  Property tax gets passed to the renters as rate increases, property owner writes off the deduction.

Win, win.
Posted by: Skidmark   2020-05-05 12:51  

#10  Raj makes the all too obvious point that politicians somehow always fail to notice.
Posted by: Abu Uluque   2020-05-05 11:49  

#9  Socialists always fleece too much. They kill the golden geese too.
Posted by: DarthVader   2020-05-05 10:08  

#8  ^To learn you can't fleece the sheep too often.
Posted by: g(r)omgoru   2020-05-05 08:24  

#7  g(r)omgoru they already do. That's where they learn how to fleece the people.
Posted by: Deacon Blues   2020-05-05 08:20  

#6  The real money is not in "affordable housing" or rentals. The real money is in gentrification.
Posted by: Besoeker   2020-05-05 08:08  

#5  Tough to have 'affordable housing' when you're jacking up taxes that much. Of course the irony escapes him.
Posted by: Raj   2020-05-05 07:41  

#4  "affordable housing" "social and emotional learning"... Nashville's success story is at the beginning of the end if mayors such as this continue to fester (read: get elected).
Posted by: Clem   2020-05-05 07:37  

#3  I just had an idea for designing a perfect society - every elected politician required to work two years on sheep farm before assuming office.
Posted by: g(r)omgoru   2020-05-05 07:36  

#2  And once the 'hard times' are over and the economy returns to normal, the toll tax increase will be dropped.... right ?
Posted by: Besoeker   2020-05-05 07:31  

#1  Emotional Learning = learning to smile while the GIVERnment F’s your paycheck.
Posted by: Airandee   2020-05-05 06:36  

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