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August 26, 2024 at 12:21 PM. Tennessee's legislative Republican leadership on Monday threatened to create a new state law to withhold state sales tax from Memphis and Shelby County, an ...
Economy of Memphis, Tennessee. Located on the Mississippi River, the metropolitan area of Memphis is one of the largest in the Southeastern United States, ranking 42nd in the United States according to the 2010 census. [1] The city has historically been one of the largest shipping hubs in the Mid-South, dating back to the Civil War, when the ...
Alma mater. University of Tennessee. James O. Naifeh (born June 16, 1939) is an American politician and member of the Democratic Party from the State of Tennessee. He served as the Speaker of the Tennessee House of Representatives from 1991 to 2009, serving longer in that position than anyone else in Tennessee history.
Local & TN officials react to top Republicans' threat to withhold sales tax from Memphis. Gannett. Lucas Finton, Memphis Commercial Appeal. August 26, 2024 at 4:06 PM. In response to threats from ...
47-48000 [ 6 ] Website. City of Memphis. Memphis is a city in the U.S. state of Tennessee. It is the county seat of Shelby County, in the southwesternmost part of the state, and is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, [ 7 ] Memphis is the second-most populous city in Tennessee after Nashville.
Memphis City Councilmembers passed three tax increases Tuesday to balance the about $858 million fiscal year 2025 budget. The city property tax will increase by 18.2%, but that is lower than Mayor ...
Shelby County is the westernmost county in the U.S. state of Tennessee. As of the 2020 census, the population was 929,744. [3] It is the largest of the state's 95 counties, both in terms of population and geographic area. Its county seat is Memphis, [4] a port on the Mississippi River and the second most populous city in Tennessee.
The assessment ratio is 40% of the value times the jurisdiction's tax rate. [13] Since January 1, 2016, Tennessee has had no inheritance tax. [14] While the sales tax remains the main source of state government funding, property taxes are the primary source of revenue for local governments. [13]