Note: This is a copy of a letter sent to Oak Ridge City Council members by resident Martin McBride.
I came to East Tennessee 25 years ago to work with Oak Ridge nuclear facilities. One of the first things my new employer did was to set up an appointment with a Farragut Realtor. The realtor gave my wife and I a lovely tour of the west Knox County area.
When I hesitantly mentioned Oak Ridge, he quickly responded, “You realize the property tax problems over there?” For the next several minutes, the realtor went over the tax rates, emphasizing the tax advantage of living in Farragut.
He then compared the Farragut lifestyle to that of Oak Ridge. Amazingly, Farragut kept getting the edge. According to that realtor, Farragut had all the advantages—especially in tax rates. [Read more…]