The idea of a payroll tax is back just two and a half months after it was declared dead by Shelby County Mayor A C Wharton Jr.
The Shelby County Board of Commissioners this week approved a resolution backing legislation in Nashville that would permit a tax on income earned within Shelby County by residents and nonresidents.
Such a tax, if approved by the Legislature and again by the commission, would apply to people earning $28,000 a year or more. It also would be accompanied by a reduction in the county property tax rate.
But it would not be revenue neutral. Thirty-percent of the revenue from a payroll tax would go to reduce the property tax rate.