Legendary Japanese motorcycle-maker Yamaha has announced that it is moving its U.S. headquarters to Kennesaw after more than 50 years in California. Yamaha already has a large presence in the Peach State, employing over 2,300 Georgians at large factories in Newnan and Cobb Co. But this announcement marks a renewed commitment and another economic win for Georgia over California. RISING…
Atlanta, Fulton Co. square off in tax fight
The City of Atlanta has long used tax allocation districts (TADs) as an economic development tool, leveraging property tax increases to pay for local infrastructure projects. But the Fulton County Commission has slammed on the brakes, voting 4-1 to reject a proposed 30-year extension of Atlanta’s TADs. That sets up a major budgetary clash, as the Fulton TADs would be expected to generate over a billion dollars over that period. Now the county will vote on TADs on a case by case basis, with stricter oversight and enforcement, leaving Atlanta’s money faucet DRIFTING…
