Final vote for Land Transfer Tax in North Carolina - Highlands, NC

RALEIGH, N.C. -- Decision 2007 is over and the majority of voters across the state said "no" to new taxes to help pay for growth.


Voters in Johnston, Chatham, Harnett, Hoke and Moore counties all rejected a .4-percent land transfer tax proposal.

And voters in Cumberland, Harnett, Johnston and Robeson counties voted no to a quarter-cent sales tax increase.

Voters in Sampson County however said "yes" to the tax increase.

Wake County voters could soon be asked to approve a higher land transfer tax and sales tax.

But Tuesday's election results may send Wake County commissioners back to the drawing board.

"It's a tax on people's dreams," said Mark Cares of Chatham County Conservative Voice. "The American home is what everyone strives for, it's the American dream."

On Tuesday voters decided that dream should not have an added .4 percent tax.


"The tax is on the seller but it still goes into the cost of a home," said Dallas Woodhouse of Americans for Prosperity. "It's hard to determine exactly what it is whether it goes into the cost of the home, whether it goes to the seller, the buyer -- it just all adds to the price of a home."

While Wake County voters weren't presented with land transfer and sales taxes this time around, they could make their way onto a future ballot. Wake County commissioners say they first want a plan for where the money is needed.

"I think we'll look at both," said Commissioner Betty Lou Ward. "They're on our plate. We'll stir them around and figure out what we need. And I'm not saying all the commissioners will agree. There are some who probably won't want to move ahead."

Wake County leaders say approving those tax increases could bring in millions of additional money for the county.

Meantime the North Carolina Association of Realtors along with the grassroots organization Americans for Prosperity plan to hold news conferences later this morning to call on county commissioners statewide to abandon tax increase efforts.



For information about Highlands North Carolina Real Estate, Market Trend, Events and Happenings in and around NC, please call Traci toll free at 1-888-277-2006 x 6 or send an mail to traci@carolinapg.com

Like our site? Subscribe for updates. Your e-mail addresses will not be sold or given away to anyone.

Your email address:


Powered by FeedBlitz