• Mark Bolton

    As a real property contractor in North Carolina, I completely disagree.  North Carolina absolutely should not be a model for state tax reform. NC’s expansion of Sales and Use Tax to include real property contracts, but not capitol improvements, is one of the most complex and burdensome regulations contractors in NC have ever faced. From this contractor’s perspective, I completely agree with a consumption based tax system in lieu of income tax. The problem is the extreme complexity for contractors that provide both capitol and non-capitol improvements. In our opinion making all real property contracts taxable would be more palatable than the current rules.