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Old 07-07-2010, 03:58 PM
 
4,010 posts, read 10,173,109 times
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Sounds as if the county commission is going to consider putting forth another 1/4 cent sales tax increase which is is allowed to do without further state approval. It might be on the agenda in August. it's because they don't have enough money to pay for everything (debt).

I believe this means the top sales tax rate in the area would rise to 9.5%. (restaurants, hot food from grocery store, etc) Most everything else would be 8.5%.

This is becoming a significant percentage of the purchase price of anything. It's what happens when local government has unrestrained spending and borrowing.
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Old 07-07-2010, 04:13 PM
 
Location: CLT native
4,280 posts, read 11,273,409 times
Reputation: 2301
Quote:
Originally Posted by lumbollo View Post
Sounds as if the county commission is going to consider putting forth another 1/4 cent sales tax increase which is is allowed to do without further state approval. It might be on the agenda in August. it's because they don't have enough money to pay for everything (debt).

I believe this means the top sales tax rate in the area would rise to 9.5%. (restaurants, hot food from grocery store, etc) Most everything else would be 8.5%.

This is becoming a significant percentage of the purchase price of anything. It's what happens when local government has unrestrained spending and borrowing.
+1

When we as individuals earn less, we make cuts and spend less.

When GovCo earns less (through diminished tax revenues) they just increase the tax rates - pure genius.
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Old 07-07-2010, 04:17 PM
 
1,139 posts, read 2,352,570 times
Reputation: 444
I guess I will be doing a lot of online shopping or saving my major and grocery shopping until I go on a military base
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Old 07-07-2010, 04:38 PM
 
Location: The place where the road & the sky collide
23,809 posts, read 34,496,872 times
Reputation: 10256
Quote:
Originally Posted by bajanqueen View Post
I guess I will be doing a lot of online shopping or saving my major and grocery shopping until I go on a military base
Depending on where you live, there's always Monroe or Gastonia.
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Old 07-07-2010, 04:45 PM
 
76 posts, read 146,842 times
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I saw the newa story and thought it was to put it to a vote to get it on the ballot for November? Anyway I had posted this response earlier. Government spending is out of control Where will it end?

I saw that they are trying to put another .25% increase in Mecklenberg county on the ballot for November. The problem stems from the state not collecting enough in taxes to support their budgets. The food tax is a perfect example of trying to get dollars back into the city/state coffers.

The little thing called the internet that we all know and love has taken a big bite out of local revenue collections. The government who knows this is going on does nothing while local businesses who employs local people invests in the community loses sales because the person can shop online and save a couple of bucks on the cost but more importantly they save on the TAXES. Buy a $1000 TV at BB and it costs you an extra $100 same tv on the internet saves a minimum of $100. Meanwhile your local business that must collect a tax loses out on a sale that puts dollars into another state.

At some point the business has to let people go or worse goes out of business which has a domino effect on the economy. At some point the tax becomes a burden and the ones who work for a living look for alternatives to keep more of their hard earned dollars (which btw are taxed at the federal and state level). Meanwhile at the local level less dollars are collected which means more taxes.

Buy and shop Local when possible

Awhile back I read that it costs approximately $ 8800 to educate a child per year in Charlotte. Do the math. If the average tax collected on a 2500 sq ft house is $2200 with 2 to 3 children the money has to come from somewhere. Now we have to employ police,fire and local government plus other services that the County provides.

The argument about it being a transplant wanting what they wanted back where they came from is xenophobic and inaccurate.
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Old 07-07-2010, 04:48 PM
 
1,139 posts, read 2,352,570 times
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Quote:
Originally Posted by southbound_295 View Post
Depending on where you live, there's always Monroe or Gastonia.

True, Union county is a hop skip and jump from me
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Old 07-07-2010, 04:51 PM
 
1,139 posts, read 2,352,570 times
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If you are going to have the same problems after you raise the taxes then the problem is not lack of revenue it is the spending habits. It is like being broke with little money then you make a whole lot more and have the same problem.
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Old 07-07-2010, 04:55 PM
 
Location: The place where the road & the sky collide
23,809 posts, read 34,496,872 times
Reputation: 10256
Quote:
Originally Posted by bajanqueen View Post
True, Union county is a hop skip and jump from me
There you go! There's a mall in Monroe. You're all set!
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Old 07-07-2010, 05:04 PM
 
Location: Charlotte, NC
11,839 posts, read 28,834,434 times
Reputation: 2809
Ft. Mill is closer for me.
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Old 07-07-2010, 05:22 PM
 
Location: The place where the road & the sky collide
23,809 posts, read 34,496,872 times
Reputation: 10256
Quote:
Originally Posted by Barkingowl View Post
Ft. Mill is closer for me.
+3

ROFL, yup & it looks like they are about to find out that they've hit the saturation point on the sales tax.
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