Proposed North Carolina Home Tax
In case all you home owners (and future home owners) haven't heard, some lawmakers want to impose a 1% state sales tax on homes now. So basically if you sell your $200,000 home, you will owe the state $2,000 in addition to the revenue stamps and other fees.
It's bad enough that we have one of the highest sales taxes in the nation for consumer goods, millions of dollars of our taxes go to fund the education and medical expenses of illegal immigrants, and now they want to tax the equity we have in our homes!
I highly encourage all of you to log onto www.itsabadidea.org to send letters the state reps and senators and tell them to oppose this idea.