Just as I try to get a rusty and dusty blog to creak back to life here, there is an explosion of stories I want to cover and comment on. Most of these can wait until after tomorrow brings a close to the hubbub, but I did want to get at least a short piece out on this first.
Most attention is, naturally, focused on the bigger races tomorrow, with perhaps the most major contested races in North Carolina in a single election in my lifetime. In addition to the every four year presidential and gubernatorial races, this is a US Senate race as well, plus the whole council of state. And unlike in past years, all three of the top line races look to come down to the wire (at least for NC's 15 electoral votes, but perhaps not the Presidential race as a whole).
Locally, there's not much doing on the ballot. The County Commissioners' race has five names for five slots -- I voted for four, just to give Joe Bowser a lower vote total. But the one issue which has caused a stir is the Prepared Meals Tax (or Prepared Foods Tax -- I forget its official billing).
Two Saturdays ago I voted for this tax for a few simple reasons -- ultimately it comes down to the worthiness of the projects and who pays.
The project list, on the whole, contains a large number of extremely worthwhile public expenditures, most notably funding for a long-sought Durham History Museum, job training programs, renovations to the Hayti Heritage Center, continued arts funding for the renowned African American Dance Ensemble lead by Chuck Davis, the Parrish St. "museum without walls," help for the Carolina Theatre and Museum of Life and Science, and a number of greenway trails that have been planned for over a decade but never built.
The most controversial project on the list is the Minor League Baseball museum and awfully named "fan experience." (Please, oh please, change the name at the end of that thing.) I'm on record at balking (no pun intended) at the price of the museum initially, particularlly when it looked like the city was going to be asked to fund $25 million of the $50 million construction cost. That was an error in reporting, as it turns out, and the city's contribution is now down to $14 million, or slightly over 1/4 of the cost of the museum. For a pretty good cultural amentity that builds on one of Durham's most recognizable features, I think that's not a bad deal. (Full disclosure: yes, I'm doing a lot of work on a grocery store to open near where the baseball museum is headed. That said, this definitely won't benefit me in any personal way, and probably mostly impacts the store by making rents in the area go up a little.)
As to who pays, there's been a lot of noise about this recently, with a lot of it focused on calling this a regressive tax. This gets incredibly frustrating after a while, mainly for one reason: with the funding options available to Durham, it is very, very difficult to find funding sources that aren't regressive.
Here's a table from the Bureau of Labor Statistics that's making the rounds (this one pulled from the Indy's endorsement of the tax):
Lowest 20%---5.2% of income on food away from home
Next 20%-----5.5%
Middle 20%---5.8%
Next 20%-----5.9%
Highest 20%--5.4%
Looking at the BLS site, I've had a hard time recreating these numbers. However, in muddling around with their numbers on property taxes, it's clear that property tax isn't much better. As incomes increase, the percentage of income paid into property taxes decreases. In fact, if the numbers presented above hold, they're a sight more progressive than the property tax distribution, and that's even before the differential in the income tax deduction. (Deductions are more valuable for earners in higher tax brackets.)
Ultimately, it's very easy to get lost in the numbers games here. But this basic synopsis holds, I think: If you think the projects are worthwhile, the prepared foods tax is among the best possible and most progressive ways to pay for it. For those who don't believe it's a beneficial project list, I can respect a "no" vote, but there's hardly any water at all in the regressive tax argument, at least from a practical standpoint.
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