According to “What Salary Do You Need in Charlotte to Buy a Home?” (November 18), providing a home is out of reach for many potential buyers in Charlotte. I needed to earn approximately $80,000 to buy a home that sold in 2020, and strong demand combined with low inventory contributed to significant increases in rental rates and home sales.
This is a powerful argument for imposing highly progressive income and property taxes on the wealthy who pay cash for homes and drive them off the market. Then they raise rents for those who can’t now buy a home themselves.
It may also be time for real estate legislation to tax investment firms and individuals getting richer by ruthlessly manipulating a limited market.
Chuck Kelly, Charlotte
Regarding the “tax rate some (but not all) NC companies will like,” (November 19 opinion):
Raleigh and Charlotte are among the fastest growing metro areas in the country for a reason: Our state creates incentives for people to move, live, and bring entrepreneurship with them. Reducing the costs of doing business and providing value to consumers and employees is a luxury that should be affixed to every tourism poster rather than denounced in the state capital newspaper.
Since January 2020, nearly 29,000 new companies have been created in our state. These are not all giants of Apple, Facebook, Google and Amazon. They are local plumbing companies, clothing stores, auto body shops, and construction companies. These are ordinary North Carolinas living their dreams of owning their own business.
We need more of these adventurous individuals, not less. Let’s celebrate success.
Yael Osofsky, Concorde
As a retired librarian, I feel the Fort Mill librarian who chose the book is protested by parents. It is possible that he used the authoritative selection sources when requested and should be recognized for trying to include a neglected group of students. Since the book was removed, I hope the protesters realize that the librarians have been trying to build the collection to meet the needs of all students. I hope that another book or books will be ordered to meet these needs.
Oggy Beasley, Charlotte
Regarding “Cawthorne’s entry into the new county of Mecklenburg shakes up the local republicans” (November 15):
It’s really bad that some Republicans are worried about Madison Cawthorne. The Republicans in North Carolina had every opportunity to evade such a man and child. By all rights, his lack of higher education, his legal troubles, and his complete disregard for the constitution should have prevented him even from running. He only speaks in audio clips and has done nothing for his current region, let alone our state. There are so many other good people in North Carolina who can make a difference.
Chris Horn Williams, Charlotte
A forum writer said on November 18 that Democrats have prevented Donald Trump from implementing his infrastructure plan. Trump was sworn in on January 20, 2017, and his first impeachment took place in December 2019. This gap represents nearly three years into his tenure. A big part of the reason he couldn’t deliver on his infrastructure promise was that he spent so much time watching TV, tweeting, playing golf and attending rallies. Trump has never done the work required to tackle the infrastructure and it is clear that he was not the great negotiator he claimed to be.
Barry Jordan, Charlotte
wealth and power
Prominent in any discussion of the dangers to democracy of the accumulation of so much of a nation’s wealth by any one segment of its population must be acceptance of the fact that it is not wealth itself, but the social and political power imparted by real danger.
Today, 70% of our combined wealth is in the hands of 10% of our citizens. This is not a political issue. When the current scenario begins, today’s political parties will no longer exist and autocracy will control our lives. If we hope to combat this threat, there are three things we must do: engage in a radical reassessment of current tax liability, adjust existing income inequalities, and legislate in ways that will strengthen organized labor.
Robert A. Shaw, Indian Trail
The 2021 UN Climate Change Conference was certainly disappointing. With climate-influenced weather events constantly occurring, and undeniable evidence of human influence, many parties are putting the economy ahead of planet preservation. It was unrealistic to expect them to come together with a common moral obligation like The Avengers, and save the planet from our emergency in time. The results were simply better than nothing.
The US commitments, in addition to addressing climate in infrastructure and rebuilding better bills, will not reduce greenhouse gases by 50% by 2030, especially when Duke Energy plans to burn more natural gas. We can achieve this goal if we add carbon pricing and give the money raised to families to ease the transition.
Dean Klossner, Charlotte
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