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100 PILOT tax break deals in city to hit $400 million; is that fair?

Nooganomics: Local Economy & Free Markets |

Our  Jobs PILOT program has been around since about 1985. The City and County have approved about 100 PILOT agreements since that time. By Helen Burns Sharp / Accountability for Taxpayer Money About $400,000,000 in property tax revenue will not be collected because of these PILOTs. Some last as long as 30 years. In the last fiscal year alone, $26 million in city and county taxes were abated. According to a report done by a state agency, this is the largest amount forgiven by any Tennessee County, including the three urban counties that are larger than Hamilton. The City gets

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 if the watchman sees the sword coming and does not blow the trumpet, and the people are not warned, and the sword comes and takes any person from among them, he is taken away in his iniquity; but his blood I will require at the watchman’s hand.


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