news-record.com

Current Condition: LIGHT RAIN
Current Temperature: 50 &deg;
UV Idx: 0
Forecast High/Low: H: 54 &deg; L: 46 &deg;

NEWS

Advertisement | Advertise with Us

Guilford County referendum

Friday, October 10, 2008

(Updated Wednesday, October 29 - 11:33 am)

COUNTY SALES AND USE TAX REFERENDUM

Local sales and use tax at the rate of one-quarter percent (0.25%) in addition to all other state and local sales and use taxes.

What it would mean:

The tax would not apply to groceries, gas or prescriptions and would increase tax on a $100 purchase by 25 cents. Supporters say that 40 percent of the sales tax would be paid by out-of-county residents shopping in Guilford County and that the $16 million in projected annual revenue would pay for school construction. Opponents say that the tax unfairly affects the poor and that voters already voted against it by a 3-to-1 margin in May.