Transfer tax foes spend big

Written by kmr on May 3, 2008 – 2:01 pm -

by Kirk Ross
Staff Writer

Determined to keep their perfect score in defeating counties’ efforts to adopt a real estate transfer tax, the North Carolina real estate and construction interests, led by the North Carolina Association of Realtors and the North Carolina Homebuilders, have pumped more than $205,000 in cash and in-kind contributions into defeating the initiative in Orange County.

The figures, filed on Monday — the deadline for campaign finance reports for the first quarter and the final weeks leading up to the election — show that the state organizations that have helped organize and fund county-based groups to fight the tax represent the bulk of funding for Citizens for a Better Orange County, which was set up in February to fight the tax.
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