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.
Published: Monday, January 17th, 2022 @ 9:30 pm
By: John Locke Foundation
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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
Published: Friday, September 4th, 2020 @ 5:42 pm
By: Governor's Office
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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.
Published: Friday, January 24th, 2020 @ 6:31 pm
By: Carolina Journal
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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.
Published: Thursday, September 17th, 2015 @ 1:09 pm
By: John Locke Foundation
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As Democrats and Republicans debated North Carolina's recently approved state budget, they devoted much of their attention to the income statement of...
Published: Tuesday, August 6th, 2013 @ 8:50 pm
By: John Locke Foundation
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