NC House Republican passed yesterday the measure to prohibit property tax revaluations from becoming effective this year. That is a cause for celebration. It now heads to the governor’s desk. He has ten days to make a decision. It appears that a veto would be overridden. But here is the […]
Tag: tax and spend
Socialist Council Members Call For Budget Cuts In Greensboro
The ongoing saga regarding property tax revaluations has led to an occurrence we don’t see often. Several Greensboro City Council members called for budget cuts to alleviate anticipated property tax increases due to revaluations. Greensboro News and Record: During a budget work session on Thursday, some council members said they […]
City Of Greensboro Implementing Another Giveaway Of Taxpayer Dollars
Scott Yost reports that the city is going to be providing financing for development of marginal commercial properties in partnership with several commercial banks. This is yet another sell-out to development interests. The money to be loaned by the city will be amounts the private markets are not willing to […]
Whopping Greensboro Tax Increase Proposed
Both the News and Record and the Rhino Times report regarding the city of Greensboro’s proposed budget. The bottom line is that there will be both higher property taxes and higher fees under this budget if approved. George Hartzman estimates that the average magnitude of the property tax increase will […]
Is The Guilford Socialists’ Change of Heart Real On Property Taxes?
We had discussed yesterday how Skip Alston has had a change of tune with regard to property tax increases and is now discussing budget cuts. Now, it seems the dam is bursting. The county GOP chairman is stating that the socialists would be committing “financial rape” if they do not […]
Guilford/ Greensboro Tax/ Fee Update
Now, Skip Alston is signaling that he will place on hold his plans to increase property taxes in view of the General Assembly’s planned passage of its one-year moratorium. The Rhino Times reports that he plans some budget cuts. Of course, we need to be vigilant. We need to watch […]
Fat Teacher Raise, Bonus In New Budget Deal
It was reported late yesterday that the Raleigh Republicans had reached a budget deal. However, the deal includes a fat pay increase and bonus for teachers after they had forced the cancellation of schools to engage in political demonstrations in Raleigh only a few short days ago. This has the […]
Raleigh Republicans Saving Medicaid
True to form, the Republicans in Raleigh came to the rescue to save a governmental welfare/ charity program. The voted for an additional $319 million to fund Medicaid after some cuts by the federal government were implemented. They attempted to make it appear they were being conservative by tightening up […]
Guess Who Our Property Taxes Are Subsidizing
We had discussed previously that our corrupt hospital systems do not pay property taxes. That means the rest of us pay more to subsidize what they don’t pay. But a recent Carolina Journal article discusses two more privileged industries that are shielded from property taxes. These include “affordable housing” and […]