News & Observer | newsobserver.com | Tax rightly defeated

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Published: May 17, 2008 12:30 AM
Modified: May 17, 2008 05:59 AM

Tax rightly defeated

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It appears that the writer of the May 14 letter "What ads don't say" was misinformed about the previously proposed and soundly defeated Orange County land transfer tax. It would have taxed the seller of any property, including homes. Agents would not suffer any monetary losses; the seller would.

Why should only a few pay a tax that benefits many others and not even themselves if they move away? This was the 20th straight loss for a proposed land transfer tax in this state. I'd like to credit intelligent people who realize what's really fair. I'd gladly pay more property tax instead -- along with everyone else.

Ed Siff

Carrboro

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