Wednesday, August 29, 2007

Bad news for the transfer tax in Durham County

Durham County, one of a handful of counties prepared to put a transfer tax on the ballot this fall, just released the results of a poll conducted to gauge the opinion of Durham County voters on the transfer tax, sales tax, and other bond referenda. The news is not good for transfer tax proponents.

Only 23% of respondents favor a .4% land transfer tax. Meanwhile 58% are willing to vote for a quarter-cent increase in the sales tax. According to the state budget pass earlier this month a county can choose to have either the transfer tax or the sales tax increase, but not both, and only if it passes a county-wide referendum first.

Durham County also has a $195 million school bond on the ballot this fall. Support for the bond hovered around near 50% in the survey. 45% support the bond without a sales tax increase, and 51% support the bond with the sales tax increase.

The poll was conducted between August 10 and 20 by Hertzog Research. There were 365 respondents for a margin of error of +/- 5.1%.

This information comes from the News and Observer. I am currently attempting to get a complete copy of the results. You’ll get more information on this poll when I see more results.

*Something to think about…this poll was of all Durham County registered voters, not likely voters in an odd-year election. That is a much different electorate, but nevertheless the results don’t look good for the pro-transfer tax crowd.

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