Will Millions In Incentives Pay Off For Middle TN Jobs?

With jobless rates above 9 percent in much of Middle Tennessee, local governments are turning more often to tax incentives and other perks to attract new jobs, reigniting a fierce debate over how much cities and counties should pay for progress.

It’s not just a philosophical argument.

There’s a lot at stake — at least $248.3 million in today’s dollars in Davidson, Rutherford and Williamson counties alone, according to aTennessean analysis of available records for 10 incentive-based projects since 2006 for which tax packages are fully known.

In return, the county governments hope companies deliver on promises to create several thousand new jobs with call centers, headquarters buildings and distribution centers.  Read more by Duane Marsteller at The Tennessean here.


Posted on August 15, 2011, in Economy & HR, Job Search and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: