As legislators decide the fate of a bill that would put up for a vote this fall a change to the state constitution lowering the cap on the income tax rate from 10% to 5.5%, one of ... Keep Reading
temporary taxes
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
State Employee’s Group Offers Mixed Bag of Budget Suggestions
Today the State Employee's Association of North Carolina (SEANC) held a press conference touting their new report entitled: "Take Pride in North Carolina: A Budget Report ... Keep Reading
Perdue Looks to Double-Down on Broken Tax Promise
Remember back to October 2008 when then-candidate Bev Perdue declared "I don't believe you can raise taxes in an economy with folks struggling the way they are”? Of course, we all ... Keep Reading
Since When is Government “Careful” About Spending Other People’s Money?
In contrast to yesterday's Greensboro N&R article, today's Fayetteville Observer warns state budget writers to be "careful" as they consider cutting the state budget. I ... Keep Reading