Property owners now have a voice against a lawsuit filed by cities to repeal a new annexation law. Click on the report below: ... Keep Reading
Taxation
Gov. Perdue refuses to state when “temporary” tax would expire
Gov. Beverley Perdue is refusing to state when her newly proposed "temporary" sales-tax increase would expire. According to the Charlotte Observer, at an event in Charlotte, NC ... Keep Reading
Gov. Perdue Promises to Raise Taxes in Next Budget
Governor Bev Perdue put out a press release announcing she would raise the sales tax in the budget she will present to the General Assembly for the Spring short session. She said ... Keep Reading
Legislative Committee to Subpoena Director of Employment Security Division
Frustrated members of the Joint Revenue Laws Study Committee unanimously voted to issue a subpoena to force the new head of the Division of Employment Security, Lynn Holmes, to ... Keep Reading
Organizers of OccupyRaleigh Appear with Rep. Bill Faison at his Event
Representative Bill Faison (D-durham) was once again making what appeared to be almost a campaign pitch at an event he organized as the General Assembly began a one-day special ... Keep Reading
Economic Expert: Complex N.C. Tax Code Chasing Away Business
North Carolina has long been at the top of the list of state's with favorable business climates for site selections. But it has now dropped to number three on the list. Some tend ... Keep Reading
Revenue Is Up for the State Budget but the Picture Is Far from Rosy
State lawmakers are keeping a close eye as tax collections roll in. They are hoping that will help with shortfalls in Medicaid and relief for Hurricane Irene. The economic analyst ... Keep Reading
State Sales Tax Revenue Increases After Penny Tax Hike Expires
The General Assembly's Fiscal Analyst says state revenue from the sales tax and personal income tax increased in September over the same time last year despite double digit ... Keep Reading
Small Aviation Companies and Manufacturers Worried About Corporate Jet Tax
Manufacturers of corporate jets in North Carolina as well as small companies that maintain them are worried about a replay of the yacht tax in the 90's: ... Keep Reading
Governor Vetoes Four More Bills
First Governor Beverly Perdue vetoed SB532 that would have made changes at the Employment Security Commission (ESC) and put it under the director of the Secretary of Commerce. ... Keep Reading
