Episode 5 - Nashville’s Tax Trap: Dr. A. Ray Exposes Property Taxes, Spending, & Economic Stagnation
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Episode 5 - Nashville’s Tax Trap: Dr. A. Ray Exposes Property Taxes, Spending, & Economic Stagnation
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Join us on You're So Right for an eye-opening discussion with Dr. Achintya Ray, a tenured professor of economics at Tennessee State University and health economist with a PhD from Vanderbilt. In this episode, we dive deep into the fiscal health of Nashville, tackling the pressing issue of property tax increases in Davidson County. With a potential 30%+ hike looming in 2025 under Mayor O'Connell, Dr. Ray breaks down the numbers, debunking myths about Nashville's tax burden and revealing how it’s the most taxed city in the region. We explore the impact of regressive taxation on families, the city’s spending habits—like the new stadium and transit plans—and why the majority of Nashville households are poorer today than in 1998. From education funding to debt repayment, this episode is a must-watch for anyone concerned about Nashville’s economic future.