Nashville approves $175M Oracle tax breaks

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May 06, 2021 at 08:26 pm by AnotherOpinion
Nasville politicians are a pile of it...
May 07, 2021 at 10:47 pm by robmtchl
Follow up: The incentives from the State of Tennessee include two highway underpasses connecting to Oracle's waterfront campus, as well as one of the largest jobs grants in state history; over $100 million dollars!. So, lets say $20 million for two underpasses,$175 million in local property tax abatements and at least $100 million in job grants. Thats about $295 million in taxpayer incentives.
May 10, 2021 at 10:14 am by Michelle Willard
@robmchl, How much have State Farm & Nissan gotten from Rutehrford County over the years?
May 10, 2021 at 05:17 pm by robmtchl
I don't know. But you can reach a tipping point where the cost in infrastructure really does not support the community investment. West Virginia is paying people $12,000 dollars to move there IF they are remote workers who can work from home by computer. Those individuals are unlikely to be heavy users of public services and likely have higher disposable income.
May 11, 2021 at 09:55 am by Michelle Willard
I think the Nashville MSA has reached that tipping point. That's why all the counties in it (including Rutherford) have had to raise taxes so much in the past five years. We've given away our Class-A commercial tax base to attract jobs that have only increased demand for housing and government services without paying for it.
May 11, 2021 at 10:37 pm by robmtchl
Michelle, I do not disagree with that. We need to plan and pick wisely what crop we want to sow. Otherwise we may not harvest what will sustain us.
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