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53 Results found for sales tax base

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The Town of Boone wants the N.C. Supreme Court to take up its sales tax squabble with Watauga County.
The Town of Boone wants the N.C. Supreme Court to take up its sales tax squabble with Watauga County.
 
North Carolina would jump from No. 10 to No. 5 in the Tax Foundation’s state business tax climate rankings, if recently approved reforms took effect immediately.
North Carolina would jump from No. 10 to No. 5 in the Tax Foundation’s state business tax climate rankings, if recently approved reforms took effect immediately.
 
In his latest fundraising solicitation, NC Sen. Sam Searcy (D-Wake) writes...
In his latest fundraising solicitation, NC Sen. Sam Searcy (D-Wake) writes...
 
Senate Bill 557, which was approved by the legislature and is sitting on Gov. Cooper’s desk, is a bit of a mixed bag.
Senate Bill 557, which was approved by the legislature and is sitting on Gov. Cooper’s desk, is a bit of a mixed bag.
 
Starting in 2011, North Carolina lawmakers have implemented transformational changes resulting in a strong and growing economy
Starting in 2011, North Carolina lawmakers have implemented transformational changes resulting in a strong and growing economy
 
It's a three-way race in the state House of Representatives District 59 Republican primary, with incumbent Rep. Jon Hardister squaring off against former state Sen. Mark McDaniel and newcomer Karen Albright
It's a three-way race in the state House of Representatives District 59 Republican primary, with incumbent Rep. Jon Hardister squaring off against former state Sen. Mark McDaniel and newcomer Karen Albright
 
In a press conference this morning, chairmen of the Senate Finance Committee unveiled a tax cut plan projected to save taxpayers more than $1 billion over the coming biennium. Following are the highlights from the plan
In a press conference this morning, chairmen of the Senate Finance Committee unveiled a tax cut plan projected to save taxpayers more than $1 billion over the coming biennium. Following are the highlights from the plan
 
Senate leaders are proposing a $1 billion middle class tax reduction plan that would lower personal and corporate income taxes, increase mortgage interest deductions, and allow for unlimited medical and charitable tax deductions
Senate leaders are proposing a $1 billion middle class tax reduction plan that would lower personal and corporate income taxes, increase mortgage interest deductions, and allow for unlimited medical and charitable tax deductions
 
As legislative Republicans return to Raleigh, additional tax reforms will be on their agenda
As legislative Republicans return to Raleigh, additional tax reforms will be on their agenda
 
If Roy Cooper and North Carolina Democrats regain control of state government in Raleigh, where would they get the money to pay for all the spending promises they are making?
If Roy Cooper and North Carolina Democrats regain control of state government in Raleigh, where would they get the money to pay for all the spending promises they are making?
 
Republican Rick Horner is campaigning to maintain the conservative direction state government is heading, while Democratic opponent Al Pacer is telling voters in Senate District 11 covering areas around Rocky Mount that change is needed
Republican Rick Horner is campaigning to maintain the conservative direction state government is heading, while Democratic opponent Al Pacer is telling voters in Senate District 11 covering areas around Rocky Mount that change is needed
 
Reversing a trend, North Carolina has experienced ten consecutive quarters of per capita income growth equal to or greater than the national average, the latest data show
Reversing a trend, North Carolina has experienced ten consecutive quarters of per capita income growth equal to or greater than the national average, the latest data show
 
State Sen. Jerry Tillman, R-Randolph, said the Senate will push again in the next legislative session to pass a constitutional amendment lowering the cap on the personal income tax rate from 10 percent to 5.5 percent.
State Sen. Jerry Tillman, R-Randolph, said the Senate will push again in the next legislative session to pass a constitutional amendment lowering the cap on the personal income tax rate from 10 percent to 5.5 percent.
 
The Republican-led General Assembly in the just-ended 2016 short session maintained spending restraint, created and enlarged fiscal safeguards in case of an economic downturn, granted more income tax relief
The Republican-led General Assembly in the just-ended 2016 short session maintained spending restraint, created and enlarged fiscal safeguards in case of an economic downturn, granted more income tax relief
 
An effort to cap the state income tax rate was removed quietly from the Senate's calendar on Wednesday, one day after that body's Finance Committee gave the proposed change to the N.C. Constitution a thumbs up
An effort to cap the state income tax rate was removed quietly from the Senate's calendar on Wednesday, one day after that body's Finance Committee gave the proposed change to the N.C. Constitution a thumbs up
 
As the General Assembly continues to work through the 2016-17 budget, part of the final package should build on the tax reforms first implemented in 2011
As the General Assembly continues to work through the 2016-17 budget, part of the final package should build on the tax reforms first implemented in 2011
 
One of the architects of North Carolina's recent tax reforms wants to lower the maximum rate of personal income tax allowed by the state constitution
One of the architects of North Carolina's recent tax reforms wants to lower the maximum rate of personal income tax allowed by the state constitution
 
Here's a statement that North Carolinians of all political stripes can agree is a fact: Gov. Pat McCrory and the state legislature have enacted the largest tax cut in the history of North Carolina
Here's a statement that North Carolinians of all political stripes can agree is a fact: Gov. Pat McCrory and the state legislature have enacted the largest tax cut in the history of North Carolina
 
North Carolina residents could receive a larger personal income tax exemption if the General Assembly's 2016 short session follows the lead of state Sen. Bob Rucho, R-Mecklenburg, who has led the Senate's tax reform efforts since Republicans took control of that body
North Carolina residents could receive a larger personal income tax exemption if the General Assembly's 2016 short session follows the lead of state Sen. Bob Rucho, R-Mecklenburg, who has led the Senate's tax reform efforts since Republicans took control of that body
 
Recent historic tax reforms have helped North Carolina jump from No. 44 to No. 15 in the Tax Foundation's annual ranking of state business climates
Recent historic tax reforms have helped North Carolina jump from No. 44 to No. 15 in the Tax Foundation's annual ranking of state business climates
 
The Civitas Institute applauds Sen. Bob Rucho's tireless advocacy on behalf of North Carolina taxpayers. Rucho, who announced Thursday that the current term will be his last, spearheaded the fight for the most significant tax reform and relief in the state's history, passed in 2013...
The Civitas Institute applauds Sen. Bob Rucho's tireless advocacy on behalf of North Carolina taxpayers. Rucho, who announced Thursday that the current term will be his last, spearheaded the fight for the most significant tax reform and relief in the state's history, passed in 2013...
 
Late last week, the Tax Foundation - the nation's leading independent tax policy research organization since 1937 - released its book "North Carolina Illustrated: A Visual Guide to Tax Reform."
Late last week, the Tax Foundation - the nation's leading independent tax policy research organization since 1937 - released its book "North Carolina Illustrated: A Visual Guide to Tax Reform."
 
Every year the Tax Foundation publishes the State Business Tax Climate Index, which allows taxpayers, businesses, and policy makers an easy comparison of how their states' tax systems relate. This ranking of the states is based on tax policy has been very important in North Carolina over the last...
Every year the Tax Foundation publishes the State Business Tax Climate Index, which allows taxpayers, businesses, and policy makers an easy comparison of how their states' tax systems relate. This ranking of the states is based on tax policy has been very important in North Carolina over the last...
 
Among conservatives around the country, North Carolina has become a superstar - a place where innovative ideas, sustained investment, diligence, and political acumen have combined to produce an impressive string of hard-won victories.
Among conservatives around the country, North Carolina has become a superstar - a place where innovative ideas, sustained investment, diligence, and political acumen have combined to produce an impressive string of hard-won victories.
 
The FY 2015-16 North Carolina state budget has finally been finalized. Was it worth the wait? Rather than wading through 400 pages of text, you can read here about the ten most interesting and important aspects of the budget in this article.
The FY 2015-16 North Carolina state budget has finally been finalized. Was it worth the wait? Rather than wading through 400 pages of text, you can read here about the ten most interesting and important aspects of the budget in this article.
 
With the House passing a $21.735 billion General Fund budget by an 81-33 vote early Friday morning, and Gov. Pat McCrory saying he would approve the spending plan, lawmakers will shift their focus to outstanding items such as a $2 billion bond package and Medicaid reform before adjourning.
With the House passing a $21.735 billion General Fund budget by an 81-33 vote early Friday morning, and Gov. Pat McCrory saying he would approve the spending plan, lawmakers will shift their focus to outstanding items such as a $2 billion bond package and Medicaid reform before adjourning.
 
The North Carolina General Assembly seems poised to pass a budget for the 2015-17 biennium that spends some $22 billion a year on General Fund programs, appropriates more than $50 billion a year when all other funds are included, and makes hundreds of millions of dollars in changes to state taxes
The North Carolina General Assembly seems poised to pass a budget for the 2015-17 biennium that spends some $22 billion a year on General Fund programs, appropriates more than $50 billion a year when all other funds are included, and makes hundreds of millions of dollars in changes to state taxes
 
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.
 
State taxpayers will pay $400 million less over the next two years if lawmakers pass a $21.735 billion state budget deal announced Monday by legislative leaders. The 2016-17 state budget also expands the sales tax base to include more repair and service work to help offset the tax rate reductions.
State taxpayers will pay $400 million less over the next two years if lawmakers pass a $21.735 billion state budget deal announced Monday by legislative leaders. The 2016-17 state budget also expands the sales tax base to include more repair and service work to help offset the tax rate reductions.
 
NC Legislature is looking to increase spending. We need to contact our reps and tell them to remain fiscally conservative.
NC Legislature is looking to increase spending. We need to contact our reps and tell them to remain fiscally conservative.
 
As the House and Senate negotiate the details of a new state budget, one of their biggest disagreements will be about taxes.
As the House and Senate negotiate the details of a new state budget, one of their biggest disagreements will be about taxes.
 
On a steamy Tuesday afternoon in Raleigh, the NC House of Representatives voted 112-0 not to concur with the Senate's version of the 2015-2016 Budget (House Bill #97). Now, hard core negotiating begins.
On a steamy Tuesday afternoon in Raleigh, the NC House of Representatives voted 112-0 not to concur with the Senate's version of the 2015-2016 Budget (House Bill #97). Now, hard core negotiating begins.
 
The North Carolina Senate this week unveiled its state budget spending for the upcoming FY 2015-16 fiscal year. The plan includes total spending of $21.47 billion, compared to $22.15 billion in the House budget plan.
The North Carolina Senate this week unveiled its state budget spending for the upcoming FY 2015-16 fiscal year. The plan includes total spending of $21.47 billion, compared to $22.15 billion in the House budget plan.
 
North Carolina lawmakers will return to the state capital later in January with a lengthy agenda, including taking another crack at Medicaid reform, considering a $1 billion highway bond, and tackling what recent projections reveal to be a $190 million revenue shortfall.
North Carolina lawmakers will return to the state capital later in January with a lengthy agenda, including taking another crack at Medicaid reform, considering a $1 billion highway bond, and tackling what recent projections reveal to be a $190 million revenue shortfall.
 
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