The Fiction of the Costless Tax
Our tax dollars at work... :-(
By John Hood
Carolina Journal
CHARLOTTE – The city of Charlotte is about to have a new government-funded tourist attraction – the NASCAR Hall of Fame – but it won’t cost local residents any new taxes, say the city and county officials who favor the deal. That’s because most of the cost, $118 million out of $155 million for the museum and attached facilities, will come from higher taxes levied on hotel stays.
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