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2021 brought many tax changes to North Carolina with the passage of the state budget, and in the end, everyone will see a bit more in their wallets.
2021 brought many tax changes to North Carolina with the passage of the state budget, and in the end, everyone will see a bit more in their wallets.
 
Spokesperson Dory MacMillan shared the following statement after the General Assembly passed a budget bill that spends the state's remaining federal COVID-19 response money and includes some provisions with state tax dollars
Spokesperson Dory MacMillan shared the following statement after the General Assembly passed a budget bill that spends the state's remaining federal COVID-19 response money and includes some provisions with state tax dollars
 
Don’t despair North Carolina, despite continuing cries the state is without a budget — even after months of consternation, frustration, accusations, political wrangling, and dead–end negotiations.
Don’t despair North Carolina, despite continuing cries the state is without a budget — even after months of consternation, frustration, accusations, political wrangling, and dead–end negotiations.
 
A new round of tax cuts in the $21.735 billion state budget for 2015-16 may prevent the state from lowering the corporate income tax rate to 3 percent in 2017 because tax collections are projected to be $74.7 million lower than a revenue target set two years ago.
A new round of tax cuts in the $21.735 billion state budget for 2015-16 may prevent the state from lowering the corporate income tax rate to 3 percent in 2017 because tax collections are projected to be $74.7 million lower than a revenue target set two years ago.
 
As Democrats and Republicans debated North Carolina's recently approved state budget, they devoted much of their attention to the income statement of...
As Democrats and Republicans debated North Carolina's recently approved state budget, they devoted much of their attention to the income statement of...
 
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