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Council Asking Voters to Increase Sales Tax

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Reported by: Associated Press
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Updated: 7/18/2012 11:35 am
MEMPHIS, Tenn. (AP) - The Memphis City Council had voted to ask city residents to raise the local option sales tax.

Council members voted 8-2 Tuesday to put the issue on the November ballot. If voters adopt the increase, the city sales tax would rise to 2.75 percent from the current 2.25 percent. That would bring in an estimated $47 million annually.

If voters approve the sales tax increase, Memphis would be the first of Tennessee's four largest cities to hit the maximum local rate of 2.75 percent. It also would be one of only 20 municipalities to have a total sales tax rate that's higher than that paid in the rest of the county.

Memphis faces declining real estate values and increasing costs.

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The views expressed here do not necessarily represent those of abc24 News

ReligionStinks - 7/19/2012 10:44 AM
0 Votes
Oh, sure. Let's all vote YES to a tax increase. Right. The wqorking people of this city are already robbed blind in order to support the do-nothing, contribute-nothing masses who make up the bulk of Memphis.

Snakeeyz - 7/18/2012 8:02 PM
2 Votes
How much more are you people in memphis gonna have to pay for these money grabbing crooks that are taking everything you got under the guise of helping the so called down trodden.

UnoHoo - 7/18/2012 5:25 PM
2 Votes
They may need the extra funds for bulletproof vests & armed escorts before long....

Cindy - 7/18/2012 2:09 PM
1 Vote
I have Voted for increases in taxes for schools here, now Memphis isn't paying for them anymore, are they going to refund my money??? When they started the wheel tax, it was suppose to go to Memphis City Schools but then they changed that. Not again.

SteveTapp - 7/18/2012 1:06 PM
2 Votes
Yet they stubbornly refuse to reform pension and benefit costs. All City employees should be on Social Security and Medicare (and Disability if truly deserved) with the rest of us, or at least defined contribution rather than defined benefit. Now that it's hard to get a job is a good time to impose these changes on City employees. There is also an obvious "Soak the better off to provide amenities and welfare to my poor constituents" attitude among a majority of Councilpersons. These two things are causing an exodus of the better-off, smarter, and those who just can't afford the high taxes, in favor of those who fill the City with illegitmate predatory thugs and lewd and irresponsible baby mamas, a trend that will land Memphis in receivership along with Detroit and other poorly governed cities.
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