sales tax

The NC GOP tax shifters strike again: taxing power bills

This is what Republican tax reform looks like:

Just as we’ve begun warming up to the possibility of a business deal that could lead to a significant reduction in utility bills, news comes this week of a new sales tax to be applied to utility rates, courtesy of the N.C. General Assembly.

Tucked inside the tax reforms passed in 2013 by the Republican-led General Assembly was an end to a utility franchise fee paid by power companies to cities and towns in North Carolina. That fee generated about $2.3 million annually for Rocky Mount.

Now, business and residential power bills will be subject to a 7 percent sales tax.

In a perfect world, this would put the final nail in the coffin of Republicans' claims of, "cutting the taxes of regular folks," but we don't live there. We live in a world where conservatives spend their days glued to Faux News and getting their panties in a wad about BenghaziCare, while the demagogues they voted for cater to the 1% who fill their campaign war chests. Irony, you've found a comfortable home in NC.

Let's make 2013 the year we start to #RebuildNC

TWO THOUSAND TWELVE was a difficult year for public investments in North Carolina. We saw even more cuts to vital services on which the entire state depends, and the inadequate funding so many of our schools and other public structures have suffered through since the start of the Great Recession has become the new baseline by which some NC lawmakers will judge future spending decisions.

Sales tax on services in North Carolina is a bad idea

The idea of a sales tax on services in North Carolina has been rearing it's ugly head again lately, and while I can see why some people would support such an idea, I can't.

You see, I happen own a tiny service business that would be adversely affected by such a tax. My business is a one-man operation totally dependent on my labor. After expenses, whatever is left is my personal income, on which I pay taxes like any other citizen. A sales tax on my services would amount to double taxation of my earnings. That's not fair by anyone's standard, especially in light of the fact that so many huge corporations today (some of them my direct competitors) avoid paying their fair share of our collective tax burden.

AGC bragging about Republican tax increase

Carolinas AGC is touting all the success in the past legislative session, chief among their successes being the General Assembly's failure to cap the gasoline tax.

Counties and taxes

A weekend discussion about various proposals to raise sales taxes, triggered by this email.

N.C. Dept. Of Revenue doesn't have proper tax forms for increased sales tax

It seems to me that in the state's enthusiasm to increase revenue via increased sales tax, they didn't give the Department of Revenue time to get the right forms out.

Stam's Transit Gambit

Yesterday in the House Finance Committee, Minority Leader Paul "Skip" Stam tried derailing the Transit Bill H148 by referring to sales tax as an inefficient tax. He claimed that sales tax was not deductible from Federal taxes, as property tax is, and that the effect was to send 15 cents of every dollar in sales tax to the Federal Government. He exchanged words with Rep Deborah Ross, a sponsor of the bill and did not offer an amendment in committee but promised to introduce one on the House floor when the bill is considered. Mr Stam should check with the IRS first.

Budget Deal Reached

Among the details: Transfer tax included, top income tax rate cut included, sales tax hike made permanent and could go higher.

With the GOP in charge in the Senate, I guess this is the best we can expect...

fp by gf :)

A serious discussion NC counties need to have ...

This fact sheet on land transfer taxes from Chatham County is timely, informative, thought provoking and accurate.

So far, the General Assembly has only granted seven counties in the northeastern part of the state (Camden, Chowan, Currituck, Dare, Pasquotank, Perquimans and Washington) [the authority] to levy a land transfer tax. Only Washington County has opted not to levy the tax.

The counties without the land transfer tax must rely on property taxes, state-authorized sales taxes and other limited fees, which rarely keep pace with demands for schools, water-sewer and other important needs.

I've been puzzling over this issue and talking to people about it for a few months now. Besides getting Johnston County off of Aero-Contractors' payroll, I think this is the most pressing moral issue facing our homey little triangle satellite county. I speak about transfer taxes here in relation to Johnston, but this is truly a statewide issue as other BlueNC diarists have noted.

Why? Because ...

Affairs which properly concern us

French poet Paul Valery once said,

"Politics is the art of preventing people from taking part in affairs which properly concern them."

We know all too well how true this is in the Federal Government. The whole “Crashing the Gate” concept is built around tearing down walls between regular citizens, our elections and our government. That, however, is not the only place we are prevented from “taking part in affairs which properly concern us.”

In no political arena is Valery's anecdote truer than in North Carolina counties where populations are multiplying, water supplies are thinning, schools are bursting at the seams and other services are either held together with duck tape and bailing wire, or held up by credit.

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