Leftist and media legerdemain on the transfer tax is often carried out by employing "or" with respect to tax options — as in this article by Democrat Party handmaidens WRAL:
Property tax revenue isn’t providing enough money to handle local growth, Ruffin said. He said the best way to get ahead of the curve is to adopt a quarter-cent sales tax increase or a transfer tax equal to 0.4 percent of the sale price of a home. (Emphasis mine.)
Make no mistake. Within three years Durham County along with other NC counties will see increases to both their property taxes and the transfer tax. Working families for whom home equity is their only retirement investment will have much of that taken.