Dependable Erection

Tuesday, August 14, 2007

Transfer tax followup

Kevin makes a "modest proposal" for the transfer tax that you must read. Fortunately, no babies are harmed in the process.

You can view the presentation on each of the proposed taxes that the County Manager made last night at the Durham County website. It's the PDF file at the top of the page titled "Commissioners to Host Public Hearing."

Thanks to Michael for pointing out in the comments that the Realtors have not been involved in opposing the impact fees after all, and also for explaining the reasoning behind the failed attempt by Durham County to collect such a fee a few years ago. Since the president of the local Realtors board stated last night that she thought an impact fee was a better way to target revenues needed for growth than the transfer tax, perhaps we can count on the Realtors to support future efforts to get the state lege to allow Durham to enact such a fee?

And for now, since i've already used up my lunch break and other free time for the day posting and commenting, i'll be getting back to my day job.

See you at 5 o'clock.

UPDATE
: Michael revises his statement to confirm that, yes, the property salesperson lobby did in fact work to defeat the impact fee for Durham. Disingenuousness reapplied, based on last night's statement.

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1 Comments:

  • And.... back the other way. John Schelp just e-mailed me (and possibly you too) information reminding me that while the Realtors were not in on the suit against the county, they did help pay for robocalls against the impact fee. So, yes, the assertion by the head of whomever Realtors blah blah last night that what we need is an impact fee was every bit as disingenuous as it seemed at the time.

    By Blogger Unknown, at 11:44 AM  

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