Transfer tax rejected in 16 NC counties–did voters say they supported property tax increase?
Last week the voters in 16 NC counties rejected the proposed 0.4% property transfer tax.
Are these voters saying that they would prefer to increase the property tax (the tax that the county commissioners can raise) instead?
The stated purpose of the transfer tax was to pay for the cost of growth. Could this rejection indicate that North Carolina voters are against growth and therefore see no need for a tax to pay for it?