Wise tax policy choices
The writer of the Jan. 24 letter, “Taxes add up,” complains about increased sales taxes that he paid in 2015. Perhaps he moved to North Carolina recently. The first tax change the Republican majority accomplished in 2011, and over Gov. Beverly Perdue’s veto, was to reduce the state portion of the sales tax from 5.75 to 4.75 percent, whic his a 16 percent reduction. There were items added to what sales was paid on in 2013 and 2015.
But even with those add-ons, the reduction in sales tax collections has been more than $1 billion a year for a cumulative reduction of more than $4.6 billion by now. This was a wise policy choice, as the sales tax is regressive and, for 98 percent of itemizers, it is nondeductible against federal income tax. Because the letter writer has decided to vote according to sales tax policy, I would expect him to vote straight Republican this fall.
Rep. Paul Stam, Apex
Stam is the speaker pro tem in the N.C. House of Representatives.