Another achievement for the Republicans in the North Carolina General Assembly was the bill to place a constitutional amendment on the ballot to cap income taxes at 3.5%. This is far less than the maximum income tax rate when the socialists were in control until 2010. This is an especially […]
Category: Tax and Spend
Voters To Decide On Property Tax Constitutional Amendment
The Republican-led North Carolina General Assembly has passed a constitutional amendment that would limit the amount that local governments can increase property taxes. This bill was motivated by the massive property revaluations that have occurred statewide. Voters will now have the opportunity to pass this measure at the polls in […]
Guilford County Proposes Raising Property Taxes 19%
The county manager presented his proposed budget before the county commissioners last night. There has been some degree of obfuscation. The News and Record and WFMY do not make it crystal clear to their customers that a tax increase was proposed. One had to think analytically and understand at a […]
Local Legislators Serve Government At The Expense of Citizens
The NC Senate passed its temporary, one-year moratorium on property tax increases due to revaluations yesterday. That is intended to give the General Assembly time to get a constitutional amendment passed to limit property tax increases. This issue was made more urgent with the massive increases in property valuations placing […]
Massive Increases In State Spending In NC
Jeff Moore, Carolina Journal: Counties like Wake and Cabarrus (my note: and Guilford) are hardly the only government entities raking in and spending billions more than inflation and population growth warrant; the time for real spending reform applies to state government too. In a forthcoming report from John Locke Foundation […]
Guilford Debt Bomb and Property Taxes
Nicky Smith had a good Letter to the Editor calling attention to Guilford County’s massively expanding debt that leads our esteemed county commissioners to feel ever-increasing property taxes are necessary. Scott Yost at the Rhino Times reports about the commissioners’ deliberations regarding how severely they are going to stick it […]
Legacy Media Preparing Guilford Citizens For Probability Of Property Tax Increase
Readers are aware that Skip Alston and his cronies are getting ready to increase our taxes. The only question is how severe the increase will be. To facilitate their tax increase, the News and Record decided to publish a couple of articles. It had been reasonably well known that our […]
N&R: Our Property Tax Rates Highest Among State’s Biggest Cities
The report is found here. The socialists and their allies within the bureaucracy will find ways to rationalize it. But there is a long tradition of our area having much higher taxes than other areas in the state. We live in a “big spending” bubble. To reverse this trend, citizens […]
NC General Assembly About To Come To Property Tax Rescue?
A couple of articles in the regional mainstream media report that Republicans are getting ready to propose a constitutional amendment on property taxes. It would limit property tax increases to a certain formula. This is very much needed, but it will not completely shield us from property tax increases. It […]
Guilford And Forsyth Both Property Tax Abusers
A study by the John Locke Foundation reveals that both Guilford and Forsyth Counties increased their property tax revenues greater than population growth and inflation should have justified. Data was examined over the last ten years. If there is any consolation to be found in the study, it is that […]