Tuesday, January 29, 2008

More on the TIF madness in Knox County

There is more info on the Knox County, City of Halls Wal-Mart development tax giveaway that was the subject of my rant last night. Two of the commissioners did vote against it but on a voice vote it passed.

This kind of craziness is not going to stop until HOMEOWNERS demand a break on their property taxes when they remodel or build a new house. What is good for the goose is good for the gander. Unfortunately, homeowners are getting the shaft with Wilson County actually HIKING taxes on new homes. Commercial Development is being subsidized and residential development is being penalized.....its tax craziness.

Link

"I don't know that I can go ahead and sort of open up the blank check for the whole 4.5 (million)," Luethold said. "Right now, since I don't have any hard numbers in front of me, I can't support it. I do need to know that number, and I asked it last week at committee."