Episode Details
Back to EpisodesNashville Small Businesses Cry Foul on Property Taxes
Description
Nashvilles small businesses are facing a property tax crisis, with skyrocketing bills threatening their survival. The Nashville Property Tax Coalition, representing over two hundred members, has released videos from affected business owners like Wendi and David Mitchell of Mitchell Deli and Danielle Hurme of The Modern Dog Company. The coalition is calling for a rethink of commercial property valuation methods, urging officials to consider actual income from daily operations rather than speculative future flips. The median property value in Davidson County increased by forty-five percent last year, and the Metro Council set a property tax rate of two point eight one four, resulting in a roughly twenty-six percent overall hike. As Nashvilles growth continues, small businesses are seeking fair treatment to remain in the city.
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