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…

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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…

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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…

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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…

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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…

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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…

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Experts at Beacon Center’s ‘Off Track: What’s Wrong With Nashville’s Transit Plan & What We Should Do Instead’ Summit Slam Mayor Barry’s Scheme

NASHVILLE, Tennessee — The Beacon Center of Tennessee hosted a free conference open to the public on Saturday featuring the nation’s foremost experts discussing “Off Track: What’s Wrong with Nashville’s Transit Plan & What We Should Do Instead.” The title reflects the sentiment of attendees, primarily interested citizens versus special…

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‘Pork Report 2017’ Details Tennessee Government Waste and Corruption

Tennessee politicians are facing harsh criticism after The Beacon Center released Tennessee’s 2017 “Pork Report.” The report lists multiple examples of government officials using taxpayer dollars to give handouts to politically-connected industries and businesses. The pork added up to a staggering $400 million in taxpayer dollars in a single year.…

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Beacon Center Launches Advocacy Organization to Better Promote Free Market

The Nashville-based Beacon Center of Tennessee on Wednesday announced that it has formed a new nonprofit that will serve as the free market think tank’s advocacy partner. Called Beacon Impact, the new nonprofit was set up to promote reform at the state Capitol and within communities. While the new entity…

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