NC Land Transfer Tax

Much has been written about the proposed transfer tax. Randy Keaton, the Pasquotank County manager, recently published this in the Charlotte Observer and his opinion seems to differ from many of the pundits. Is a land transfer tax really a bad idea? Read Mr. Keaton's article before you decide.

Viewpoint Transfer tax: A case study
Pasquotank voters approved tax, and county has benefited from it

From Randy Keaton of Elizabeth City, Pasquotank County manager:

The option of a land transfer tax is currently being debated in the North Carolina General Assembly and by various interest groups both for and against the tax. Many of the arguments speculate about the impact of the tax on individuals and communities. As the county manager in Pasquotank County since the tax was implemented in 1990, I can attest to the actual impact of the tax...