A major North Carolina home builder does not oppose a transfer tax.
KB Home announced today that it has joined the Partnership for North Carolina's Future, a group of nonprofits campaigning for more state investment in roads, conservation and affordable housing.
Among the solutions the partnership proposes: Giving more counties the authority to levy a 1 percent tax on real estate sales.
The N.C. Home Builders Association has opposed transfer taxes for years, calling it "unfair" and "discriminatory." The Wake County chapter even included it on a list of "anti-business" issues "likely to rear their ugly heads" this session.
Tim Pittman, a spokesman for KB Home, said that the company does not feel quite as strongly.
"We've not specifically endorsed a transfer tax at this point, but we're open to the idea," he said.
