Raising sales tax on manufactured homes by over 500 percent is irresponsible. Affordable housing has become harder to come by for many North Carolina families. Mobile homes have long been among their best options. Improved construction, energy efficiency and appearance have made these homes very desirable.
Recognizing affordability, the state has capped the sales tax at $300 for single-wides and $600 for double-wides for as long as I can remember. Lawmakers have now raised the rate to 4.75 percent with no cap. The sales tax on a $70,000 double-wide is currently $600. The new tax starting Jan. 1, will be $3,325, an over 550 percent increase. The percentage is higher on most single-wides.
With an industry and its customers decimated by the recession, lawmakers should do the right thing and lower this sales tax increase.