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"The Chairman" returns on the sales tax issue

Cross-posted from Inside Scoop.

-=-=-=-=-=-=-

Scoop has been writing about the back and forth between the county commissioner and the Guilford County legislative delegation over the sales tax.

Quick summary: The commissioners put a bunch of bonds on the May ballot that would have been paid back with a new 1/4 cent sales tax. That sales tax failed by a wide margin. So the commissioners asked the legislature to let them hold a referendum on a 1 penny sales tax, which is four times as much for those of your reaching for a pencil. The legislators have said "no" - and to be honest, a lot of them sort of giggled when they wondered out loud about the logic of going back to the voters in such a short time. At any rate, the commissioners are now blaming the legislature for the tax hikes that will come as a result of the bonds the commissioners put on the ballot.

Clear as mud? Good.

Well, former Guilford County Republican Party Chairman Marcus Kindley is apparently siding with the commissioners and sent members of the legislative delegation a nasty-gram recently. Kindley gave up his spot as county chairman to run for state chairman, a race he lost. (He also gave up his blog, the address for which was taken over by some non-family friendly folks. It's not safe for work, or really, anywhere.)

Here's Kindley's epistle to the legislative delegation, as provided by Rep. John Blust:

An Open Letter to the Guilford County Legislative Delegation

As a Guilford County taxpayer, Property Owner and Business Owner with over 60 associated persons; I wanted to inform you that I am considering organizing a 527 in order to inform the voters of Guilford County about our current tax situation.

In essence our delegation to the State of North Carolina has condemned those individuals in Guilford County who have worked hard, saved money, created jobs by building their businesses and purchased both office spaces and homes to rising property taxes from now as far as the eye can see! It is through their tax dollars that you have the ability to sit in a building in Raleigh, drive there on State and Federal Roads and FAIL the people you represent.

Property owners are asked to bear the burden of the bond issues passed in Guilford mainly for Schools. As a Municipal Bond Principal, licensed by the MSRB(Municipal Securities Rulemaking Board) the SEC and FINRA (Financial Industry Regulatory Agency formerly the NASD) I DO understand accrual of interest, sinking funds, and paying back the funds borrowed. I also understand that we will be paying back much more than we have issued in bonds. To my knowledge none of you hold such a designation ( I have held mine for 21 years) and being elected to office does not make one intelligent in these various areas.

By not allowing a VOTE ( the very principal of American Democracy) on a 1 cent sales tax on the ballot in November you have CONDEMNED all those voters who work hard, play by the rules to be overwhelmed with an undue part of the burden for a future tax collections to repay the bonds you may have championed. ( We will research this)

You are being unfair. To let those who spend their money in Guilford County share in the funds collected to repay these bonds is only fair. And that will be the theme of our 527 advertisements.

As a business owner, former 3 term Chairman of the Guilford County Republican Party, and civic leader I know how to use PR to make our case.

We’ll ask children if they think it is fair for some to pay while others don’t, We’ll ask older citizens if they think it is fair for them to bear ALL of the cost while they live on Social Security. This will be a campaign rarely seen in Guilford County. Actually I should thank you for providing such a clear cut issue of UNFAIRNESS and UN-AMERICAN representation by our elected officials. It may be the beginning of the Guilford County Voter taking a closer look at how our Government works for them and wake them up to how much representation is lacking in Raleigh.


Sincerely,
Marcus Kindley
CEO
Intercarolina Financial Services
( A Full Service Brokerage Firm)

Comments (1)

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david said:

I just HAD to check out that pirated blog...

AAAAAAAAAAAHHHHHHHHHHH!

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