Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Thursday, November 4, 2010

SALES TAX, Part II (A WCHL Commentary)

OK, the dust is settling from the election and the good news is that we have once again shown what makes our American democracy so strong. The other good news is that those horrid campaign ads will no longer be on TV. I’m somewhat disappointed that the quarter cent sales and use tax was defeated by a little more than 1000 votes.

It’s not that I love to pay more taxes; I supported it because it was a better option than trying to raise the same funds from property taxes. The expected $2.3million would have helped us solve some serious issues. Opponents say the County Commissioners should cut their spending and do all of these things with the money they already get from us. Well that sounds very good and I hope that the citizens who line up at County budget hearings will remember that when they plead their case.

We are at the point where we will now do less with less and if for a moment I believed that there was even a tiny consensus on where we should cut spending, I would sure feel better. Services that some believe are critical will be cut. Programs that we have come to view as so necessary may have to go. Staff and things that make our County really special will clearly be impacted. OK, it’s great to say live with what we have, and of course, we should.

We will see how the residents of Orange County will react to trying to do all of the things we want done without raising taxes. One thing I can guarantee — it’s going to be a very taxing process.

Wednesday, October 6, 2010

SALES TAX (A WCHL Commentary)

Very soon, we will begin early voting and Election Day is November 2. Along with the normal ballot items there will be an opportunity to vote for a small increase in the County sales and use tax. Note that I said COUNTY. Yes, it will add a quarter of a cent to our current 7 and three quarters sales and use tax.

There may be some confusion out there; it doesn’t add a quarter to the current tax, it adds a quarter of one cent. Thus, we are talking about 1 penny on a $4 purchase or 25 cents on a $100 purchase. It will not apply to food or medicine and anyone who buys things in Orange County will pay. This is one of the reasons I support this small increase: it captures taxes from visitors and retains the dollars for Orange County priorities. Another benefit is that the dollars from the tax are already targeted.

Of the expected $2.3 million dollars raised, 42.5% ($975,000) will be spent annually on economic development and local job creation; another 42.5% ($975,000) will be spent annually to support Chapel Hill-Carrboro & Orange Co. Schools; and the remaining 15% ($345,000) will be spent annually on improving emergency services and libraries. All of this will cost the average consumer $20 per year. Doing this reduces the need for future property tax increases and it prohibits future Property Transfer Tax increase referendum.

Yes, I fully support this very small increase because of the very big things it will do to help our schools, the business environment, and services like EMS and libraries. Please vote in this election and please vote FOR this to support Orange County’s future

Thursday, July 1, 2010

TOUGH CHOICES (A WCHL Commentary)

That we are in a very serious recession is no secret, nor should it surprise anyone that many of our citizens are great needs feel the recession in very painful ways. The great truth is that in a recession we tend to cut programs that help those with the greatest needs. Many governments start new budget years on July 1st and they will struggle to balance those budgets in the face of lower receipts from taxes and their other major income streams.

What’s interesting is something that seems to occur at all levels and it surprises me not that right here at the local level you see it as well: we as citizens have no problem at all holding two conflicting opinions at the same time. We do it all of the time! What you might ask are these opinions? One is that we want government to do more. The other is that we don’t want government to raise our taxes.

Something has to give folks! We can’t do it all. All of our wants and needs have price tags. We elect folks to make tough decisions and maybe they might feel better if they knew exactly what we wanted them to do. Right here locally we have a discussion going on. We talk about spending bond money to fund the town’s library expansion and some are upset that we are not spending tax dollars to fund a local museum that happens to be a non-profit privately owned.

What do we want to do with these tax dollars? What is our preferred outcome? Do we want to cut things that are being funded right now? Do we want to raise taxes? How can we continue to expect our elected leaders to make these decisions if we’re not sure what we want? What do you think we ought to do?

Monday, August 11, 2008

MORE TAXES (WCHL Commentary)

Us baby boomers who remember our 50s TV know the answer to the question, "Say kids, what time is it?" Well, in August 2008, the answer isn’t "It's Howdy Doody Time!" The modern answer is, It’ Tax Bill Time! Even knowing what the increases were really doesn’t prepare you for seeing the numbers in print.

For my house, the new city, school and County rates translated to a 7.76% increase from last year. But when I compare this new bill to our 1995 bill, it comes to a whopping 70% increase. I think we get a lot of value for our tax dollars, but here’s the thing. We have more and more people who will be forced out of our community if we aren’t careful.

Those citizens on fixed incomes, and many still working are not going to be able to keep pace with these increases. We all know that we depend much too much on personal property taxes and that we need more businesses paying commercial taxes. I think we have to reexamine constantly our needs and wants. We have to fix what prevents us from having a more balanced tax base. We also have to take a hard look at how we are using our tax dollars.

If the greatness of our community is placed in jeopardy because more and more citizens can’t afford to continue living here, then we are not the community that we should be. Even Buffalo Bob and Clarabell the clown would understand this threat and they would support the need to fix this. How about you?