Think Tank: Tax Incentives Hurt Small Business Owners in Tennessee

small business

Tennessee’s economy would thrive even without local and state governments dishing out tax incentives to already wealthy corporations. What’s more, these tax incentives penalize Tennessee’s small business owners. This from the spokesman for the Nashville-based free market think tank The Beacon Center of Tennessee. “Simply put, corporate handouts benefit rich…

Read More

Tennessee Taxpayers Gave $1 Billion in Corporate Welfare Last Year

Bernstein

You, the taxpayers of Tennessee, helped give away nearly $1 billion in tax credits to corporations who set up shop here last year. State law, as it turns out, forbids you from finding out exactly what kind of return you’re getting on your investment. In other words, even though the…

Read More

Beacon Center Calls ‘Cut’ on Wasteful Tennessee Film, TV Subsidies Such as ‘Nashville’

film crew

The TV show “Nashville” may finally be ending, but taxpayers have been stuck with the tab for this and other “flops,” conservative think tank says in a new report. The Beacon Center of Tennessee released the “Calling Cut on Film Incentives” report Wednesday to decry the bad “investments” the state…

Read More

Beacon Center Releases Alternative Transit Plan For Nashville With No Tax Increases

traffic jam

Conservative think tank Beacon Center of Tennessee has created a transit plan for Nashville that it says would serve all drivers in the near future while not raising taxes or requiring a referendum. The plan is available here. “Proponents of the Let’s Move Nashville light-rail plan argued that an alternative…

Read More

Tennessee Loses Money Spending $17,500 Per Job to Lure 1,000 AllianceBernstein Employees to Nashville from New York City

Tennessee Capital building

A $17.5 million tax incentive from the state of Tennessee to lure 1,000 jobs to Nashville–$17,500 per job—came at the expense of taxpayers to lure well-paid corporate executives when they already were drawn to the state’s other features like a favorable tax structure, experts say. The Tennessee Department of Economic…

Read More

Tennessee’s Zealous Barber Licensing Board Sued for ‘Irrelevant Requirements’

Elias Zarate

Those looking for a swifter path to becoming a barber in Tennessee just might find relief. The Tennessee Board of Cosmetology and Barbers Examiners is under fire for what twenty-five year-old Elias Zarate is calling “irrelevant requirements” associated with obtaining a Barber license – namely, a high school diploma. Born…

Read More