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What would happen if we simply ended all tax exempt status

#51

Quote:Not to go off subject, but my auto mechanic told me the other day that NC is trying to make a law where labor is taxed. So when they do my annual inspection or balance and rotate my tires, etc., they would have to tax us on the labor. And if we go in for repairs we would pay tax on parts and labor. Supposedly it's to help the poor counties bring in some money. Sadly, I live in the richest county in the state (though it only shows in the rich part of the county, Pinehurst, because it's a golf mecca and we gotta kept it pretty for all the golf snobs. But I digress.) so we wouldn't benefit from it at all. We're already taxed out the butt up here anyway and living in a 'resort' area makes it tough for us small folks. 
That's bull. That's triple taxation. You're taxed on your income, you pay it to the mechanic, who is then taxed on labor, then the mechanic is taxed on his take-home pay, virtually all of which comes from that labor. I hope that bill fails spectacularly.

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What would happen if we simply ended all tax exempt status - by TJBender - 10-12-2015, 03:46 PM



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