The Burr Campaign Releases New TV Ad: “Truth”

The Burr Campaign Releases New TV Ad: “Truth”

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Raleigh, NC —  The Burr campaign today released a new TV ad, “Truth,” that shines a spotlight on the historic tax credits Deborah Ross championed in the General Assembly, and later used for her own benefit to avoid paying income taxes. The ad will begin running immediately on statewide broadcast.

The ad begins by citing the front page story in The News & Observer that found Ross qualified for $267,00 in historic tax credits, the same tax credits she championed in the General Assembly and now touts on the campaign trail. The ad goes on to mention Ross’ refusal to say she never avoided paying income taxes and her refusal to release her tax returns. Also featured in the ad is Brooke Burr, who delivers a powerful retort to the false attacks Ross has launched against Senator Burr over her success as a small business owner.

Background:

On The Campaign Trail, Deborah Ross Touts Her Promotion Of Historical Preservation Tax Credits As A State Representative. However, She Doesn’t Tell Voters That Her And Her Husband “Also Have Benefited Substantially From The Historic Tax Credits She Helped Champion” “Democratic senatorial candidate Deborah Ross has widely touted her promotion of generous tax incentives for renovation projects that preserve the character of North Carolina’s historic neighborhoods and the state’s abandoned mills and warehouses – ghosts of industries gone offshore. What she’s less vocal about is that she and her husband, Stephen Wrinn, also have benefited substantially from the historic tax credits she helped champion.” (Greg Gordon, “Senate candidate opposed ending historic tax credits that had benefited her family,” McClatchy DC, 10/12/16)

  • While Ross’ Husband Was Renovating Their “Rustic Vacation Rental” In Ashe County, Ross Was Pushing A Bill That Repealed The Sunset On North Carolina’s Historic Preservation Tax Credits Which, If Passed, Would’ve Saved The Couple At Least $30,000. “But Wrinn’s renovation hobby later created an awkward appearance that seemed to go unnoticed as his wife tried to fight off attempts to kill the state tax credits, including a 2006 mill rehabilitation credit she authored that has drawn praise for generating upward of $2 billion in real estate development and thousands of jobs. The law has led to the restoration of long-vacant textile plants and tobacco and furniture warehouses and has helped transform the faces of cities from Winston-Salem to Durham to New Bern. By proposing to repeal the sunset of all the historic tax credits, one of her bills also would have extended the deadline for her husband’s preservation and conversion of a former 2,000-square-foot grain mill in Ashe County into a rustic vacation rental with an industrial look. In the end, though, her bill never moved forward, and Wrinn finished the renovation before the deadline expired … Even with a one-year extension of the sunset imposed in 2010, he was required to finish the work by Jan. 1, 2015, or risk losing 20 percent in state tax credits, worth at least $30,000.” (Greg Gordon, “Senate candidate opposed ending historic tax credits that had benefited her family,” McClatchy DC, 10/12/16)
  • NOTE: “Ross Did Not Respond To Questions About The Impact Her Bill Might Have Had On Her Husband’s Project.” (Greg Gordon, “Senate candidate opposed ending historic tax credits that had benefited her family,” McClatchy DC, 10/12/16)

Ross And Her Husband Have “Qualified For More Than $267,000 In Credits – Direct Reductions In Their State And Federal Income Taxes” For Renovating Their Personal Residence, An Adjoining Rental Unit And Their Vacation Mill In The Blue Ridge Mountains. “The couple has qualified for more than $267,000 in credits – direct reductions in their state and federal income taxes – for renovations that preserved original features of their home in Raleigh’s historic Boylan Heights neighborhood, an adjoining rental unit and a nearly century-old, water-powered mill in the Blue Ridge mountains.” (Greg Gordon, “Senate candidate opposed ending historic tax credits that had benefited her family,” McClatchy DC, 10/12/16)

When Ross Was Asked If She Had Avoided Paying State Or Federal Taxes In Some Years Due To The Credits, Ross’ Spokeswoman Would Only Say That Ross “Always Paid Her Taxes.” “Helen Hare, a spokeswoman for Ross, said that ‘first as a resident and then in the state House, Deborah worked with communities across the state to restore our neighborhoods.’ Ross was asked by McClatchy whether she had paid zero state or federal taxes in some years due to all the credits. She said she would have to check. Hare said only that Ross ‘always paid her taxes.’” (Greg Gordon, “Senate candidate opposed ending historic tax credits that had benefited her family,” McClatchy DC, 10/12/16)

Last Week, In Light Of The Revelation Ross May Have Paid Little Or No Federal And State Taxes, Sen. Burr Called On Deborah Ross To Release The Cover Sheets Of Her Tax Returns For The Past Decade. In A “Show Of Transparency,” He Offered To Release His. “Republican Sen. Richard Burr of North Carolina on Wednesday called on his Democratic challenger, Deborah Ross, to release the cover sheets of her tax returns to show whether she and her husband capitalized on hefty credits for historic renovations to pay little or no state or federal taxes at times over the past decade. ‘There are serious questions about whether there are years where Deborah Ross avoided paying state or federal income taxes,’ Burr said in a statement. ‘The voters of North Carolina deserve to know if the actions Ross took as a legislator allowed her to pay little or no federal or state income taxes.’ … Burr said that if Ross obliges and releases the summary sheets, ‘in a show of transparency’ he would make public summaries of his state and federal tax returns dating to 2004 when he first won his Senate seat. A campaign spokesman, Jesse Hunt, said Burr was speaking about the first two pages of each return.” (Greg Gordon, “Senate candidate opposed ending historic tax credits that had benefited her family,” McClatchy DC, 10/12/16)

“Through A Spokeswoman, Ross Promptly Rejected The Offer.” “Through a spokeswoman, Ross promptly rejected the offer. There is no evidence that Ross’ legislative actions, while a North Carolina House member from 2003 to 2013, enabled her husband to qualify for the credits from his renovation hobby. ‘Deborah is not going to engage in his desperate political stunts that are simply aimed at distracting North Carolinians from his record of working to make himself richer in Washington,’ campaign spokeswoman Helen Hare said.” (Greg Gordon, “Senate candidate opposed ending historic tax credits that had benefited her family,”McClatchy DC, 10/12/16)