U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-07-2010, 03:58 PM
 
4,010 posts, read 9,233,757 times
Reputation: 1595

Advertisements

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.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 07-07-2010, 04:13 PM
 
Location: CLT native
4,280 posts, read 10,326,506 times
Reputation: 2287
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.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 07-07-2010, 04:17 PM
 
1,139 posts, read 2,126,858 times
Reputation: 443
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
Rate this post positively Reply With Quote Quick reply to this message
 
Old 07-07-2010, 04:38 PM
 
Location: The place where the road & the sky collide
23,520 posts, read 29,415,928 times
Reputation: 9938
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.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 07-07-2010, 04:45 PM
 
76 posts, read 128,367 times
Reputation: 38
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.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 07-07-2010, 04:48 PM
 
1,139 posts, read 2,126,858 times
Reputation: 443
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
Rate this post positively Reply With Quote Quick reply to this message
 
Old 07-07-2010, 04:51 PM
 
1,139 posts, read 2,126,858 times
Reputation: 443
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.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 07-07-2010, 04:55 PM
 
Location: The place where the road & the sky collide
23,520 posts, read 29,415,928 times
Reputation: 9938
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!
Rate this post positively Reply With Quote Quick reply to this message
 
Old 07-07-2010, 05:04 PM
 
Location: Charlotte, NC
11,838 posts, read 26,154,980 times
Reputation: 2795
Ft. Mill is closer for me.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 07-07-2010, 05:22 PM
 
Location: The place where the road & the sky collide
23,520 posts, read 29,415,928 times
Reputation: 9938
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.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top