Proposed NC tax bill GOUGES middle class w/ more and higher sales/consumption taxes

[Triana]

. . .

Effective Oct. 1, the bill would:

eliminate the sales tax exemption for installation services

expand the sales tax base to include repair and maintenance services

expand sales tax to include pet care services and veterinary services.

. . .

The measure also changes how sales taxes are distributed in the state. Under current law, 75 percent of the sales tax goes to the county and city where the purchase is made, while 25 percent is distributed across the state based on population. Over the next four years, that formula would change so that, effective July 1, 2019, 20 percent would go to the county where a purchase is made, while 80 percent of sales taxes collected across North Carolina would be distributed based on population.

This measure has been pushed by Sen. Harry Brown, R-Onslow, as a way to help smaller counties with smaller property tax bases. The current law, he points out, favors large counties such as Wake County that have large shopping areas.

However, Brown insisted this was less a rural-urban issue than some have made it out to be.

A book that accompanied the tax bill shows there are roughly 10 counties across the state that would lose money under the plan, including Wake County. However, 97 counties, including Wake, would be able to raise their sales taxes by way of a referendum, which would more than offset any losses under the bill.


http://www.wral.com/senate-bill-lowers-taxes-redefines-job-luring-programs/14703816/

[GeorgeGist]

1. The cost of rich people ...

just keeps going up up up.

[Triana]

2. It's outrageous. Home, car and pet owners would be taxed up the yazoo with this

If you have someone mow your lawn, you pay tax
If you have someone fix something (carpenter, porch railing, a roof shingle or even get a new roof) you pay tax on that
If you have any repair or maintenance done on ANYTHING (car, house, boat) you pay tax
If you take Fido for his yearly checkup and shots - you pay tax on that.

If you have major work done - new roof, new deck, add-on or major repair to house or car - you pay tax on it.

This can add up to HUNDREDS of dollars a year really quickly.

And if the counties raise their sales tax to make up the difference of what they're no longer getting because most of their tax revenues are now being spread across the state, then that tax goes up.

Doesn't matter if they lower 5.75 to 5.5 in personal income tax - they're more than making up the difference by taxing middle class families to death just for taking care of their home, car, pets. It's IMMORAL, INSANE, GREEDY AND JUST WRONG!

It won't help anybody but big corporations. Wealthy won't even feel it.

[littlewolf]

3. and with a new porch or any kind of renovation your property taxes goes up nt