Businesses here pay license taxes totaling more than twice the amount collected by the next-biggest city, Raleigh.
“A Wal-Mart in Charlotte may pay a $10,000 tax. Wal-Mart in another city may pay a $50 tax,” he said. “You guys are so far out of the range of everybody else.”
State legislators are considering abolishing the local license fee as part of a group of tax changes tied to a particularly difficult budget.
Opponents of the business tax say it is confusing and levied many different ways across the state. They complain that it leads to double-taxation in some cases.
For most cities, the legislature's proposed tax changes wouldn't be painful, Clodfelter said. He said for those cities, the lost revenues would be offset by substitute taxes under consideration, including the expansion of the sales tax base.
But Charlotte is different.
The Department of Revenue data for 2006-07 shows Charlotte businesses paid $17,663,113.
Others in the seven-figure range:
- Julia Oliver/Doug Miller