Friday, May 11, 2007

Enough in taxation already

When is enough going to be enough? When are people going to get so pissed about taxes that they are going to say something about it? When are politicians going to learn that we the people are not an endless supply of cash for their pet spending projects? When will we run the well dry?

This article from the N&O says that we are nowhere near "enough" apparently.
There are at least 46 bills introduced at the General Assembly that would grant local governments new taxing authority. Six counties -- Camden, Chowan, Currituck, Dare, Pasquotank and Perquimans -- have had a 1-percent land transfer tax in place since the 1980s.

SENATE BILL 610

SPONSOR: Sen. Janet Cowell, D-Wake

Provides Wake County with additional revenue options: a 1-cent local option sales tax divided equally between school construction and transportation needs, county school impact fees, and a land transfer tax of up to 1 percent. All three options require voter approval.

HOUSE BILL 1142

SPONSORS: Rep. Jennifer Weiss (D-Wake) and Rep. Deborah Ross (D-Wake).

Authorizes Wake County to levy a local land transfer tax of up to 1 percent for school construction. Must be approved in voter referendum.

SENATE BILL 1516

SPONSOR: Sen. Bob Atwater (D-Durham, Chatham, Lee)

Authorizes all North Carolina counties to enact a land transfer tax of up to 1 percent if approved by voters in the individual counties.

HOUSE BILL 153

SPONSOR: Mickey Michaux (D-Durham)

Authorizes all cities and counties the ability to levy a menu of local tax options if approved by voters: a 1-cent local option sales tax, local government impact tax, local government meals tax, local government occupancy tax, and a local government land transfer tax.

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