• Research Report

    A Million Wasn’t Enough? Montgomery County commissioners want even more tax money

    posted October 17, 2010 by Dr. Terry Stoops, Joseph Coletti, Daren Bakst
    Montgomery county commissioners have raised the property tax by nine cents over the last two years, from 58 cents to 67 cents per $100 valuation — a 15.5 percent increase. Now the commissioners want $225,000 tax increase (an amount about the same as another one-cent increase in the property tax). If voters approve this tax increase, the total tax increase over the last three years would be $2.1 million.
  • Research Report

    Speculators’ Tax in Alleghany? County commissioners seek tax grab based on guesses

    posted October 13, 2010 by Dr. Terry Stoops, Joseph Coletti, Dr. Michael Sanera
    Alleghany County commissioners are asking county voters to approve a $160,000 tax increase at a time of high unemployment. That amount would be equal to a property tax increase of 0.9 cents per hundred dollars of value. County operating budget appropriations for fiscal year 2011 are $570,274 higher than in fiscal year 2009 – an amount 3.5 times as much as what the tax would generate.
  • Press Release

    Alleghany’s proposed tax grab based on speculation

    posted October 13, 2010
    RALEIGH — Alleghany County commissioners are relying on pure speculation as they push a $160,000 sales tax hike. That’s the conclusion John Locke Foundation experts reach in a new…
  • Research Report

    A Taxing Legacy in Cherokee: County voters face vote on higher taxes proposed by rejected commissioners

    posted October 12, 2010 by Dr. Terry Stoops, Joseph Coletti, Dr. Michael Sanera
    Outgoing Cherokee County commissioners are asking voters to approve a $600,000 tax increase, an amount equivalent to a property tax increase of 1.5 cents per hundred dollars of value. County voters already rejected all three county commissioners who proposed the tax hike, but those lame-duck commissioners have since committed nearly $10 million to expand and renovate the courthouse.
  • Research Report

    Get the Math Right: Columbus County leaders are wrong about proposed tax hike’s size, need

    posted October 12, 2010 by Dr. Terry Stoops, Joseph Coletti, Dr. Michael Sanera
    Columbus County commissioners are overselling the value of a proposed tax increase to voters by at least $300,000. County commissioners have repeatedly said the new quarter-cent sales tax increase would raise $1.0 million, but recent county estimates suggest the tax would bring in about $700,000. That would be equivalent to a 2.2-cent property tax rate increase.

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