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Property Tax Cap Could Backfire | Raleigh News
A North Carolina constitutional amendment proposing a capped property tax could save homeowners just $7/month—but at the cost of nearly $1 billion in lost local revenue, threatening schools, roads, and parks. The biggest beneficiaries? Big corporations, not families. Critics warn it ignores regional needs and that lawmakers already have tools to help—without rewriting the constitution. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues…
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