This editorial in the Sun News of Myrtle Beach has it right. The editorial talks about a "tax break" that's been proposed in North Carolina. This "break" would allow home builders to be exempt from property taxes for up to 5 years for homes they build that are not occupied immediately.

Of course, if this happens, then everyone else will have to pay more taxes to make up for the builder not paying taxes. Normally, I support any reduction in taxes. However, why should only ONE group get a tax deduction? Why not just reduce taxes for everyone? Heck, if vacant houses get no taxes charged on them, I want a tax deduction for my house when I go on vacation and it's empty.

The editorial is right -- this "tax break" is just plain wrong. Then again, that's how the North Carolina government works these days -- whatever special interest group gives the most in campaign contributions to the Democrats will get the deals while the working people get to pay more taxes. This IS today's Democrat Party in North Carolina.

Posted by: Ogre at 05:01 AM | Comments (2) | Add Comment
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