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Results found for "sales tax rate"


Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
 
Since I and other Republicans gained control of the General Assembly in 2011, the Assembly has championed the philosophy of cutting taxes - thus a lower sales tax rate, personal income tax rate and corporate tax rate on North Carolina families and businesses, while raising the standard deduction for
Published: Thursday, February 1st, 2018 @ 3:07 pm By: Bill Cook
Since I and other Republicans gained control of the General Assembly in 2011, the Assembly has championed the philosophy of cutting taxes - thus a lower sales tax rate, personal income tax rate and corporate tax rate on North Carolina families and businesses, while raising the standard deduction for
 
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.
 
Seven counties are seeking quarter-cent increases to their sales tax rates on the November ballot. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposals.
Seven counties are seeking quarter-cent increases to their sales tax rates on the November ballot. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposals.
 
Residents in Richmond County are divided on whether to pass a Nov. 4 ballot referendum raising the county’s sales tax rate by 0.25 cents to build a multi-use recreation complex for the city of Rockingham on 118 acres.
Residents in Richmond County are divided on whether to pass a Nov. 4 ballot referendum raising the county’s sales tax rate by 0.25 cents to build a multi-use recreation complex for the city of Rockingham on 118 acres.
 
House Republicans Thursday unveiled their tax modification plan, a move that would eliminate the progressive income tax rate in favor of a flat tax.
House Republicans Thursday unveiled their tax modification plan, a move that would eliminate the progressive income tax rate in favor of a flat tax.
 
Senate leaders used a Tuesday press conference to announce their long-awaited tax proposal, a proposal that would lower personal and corporate income tax...
Senate leaders used a Tuesday press conference to announce their long-awaited tax proposal, a proposal that would lower personal and corporate income tax...
 
The Tax Foundation last week unveiled its latest installment of its annual State Business Tax Climate Index for 2012. Unsurprisingly, North Carolina remained far down the list, coming in a dismal 44 – making our state the 7th worst in the nation.
The Tax Foundation last week unveiled its latest installment of its annual State Business Tax Climate Index for 2012. Unsurprisingly, North Carolina remained far down the list, coming in a dismal 44 – making our state the 7th worst in the nation.
 
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
 
Replacing North Carolina's existing income, corporate, sales, and estate taxes with a new consumed-income tax dubbed the USA Tax could generate 80,500 new jobs in the first year, while boosting the state's economy by $11.76 billion.
Replacing North Carolina's existing income, corporate, sales, and estate taxes with a new consumed-income tax dubbed the USA Tax could generate 80,500 new jobs in the first year, while boosting the state's economy by $11.76 billion.
 
Governor Beverly Perdue Tuesday proposed to raise the state sales tax rate by almost 16 percent in the midst of our state's worst recession in decades.
Published: Monday, January 23rd, 2012 @ 10:15 pm By: Bill Cook
Governor Beverly Perdue Tuesday proposed to raise the state sales tax rate by almost 16 percent in the midst of our state's worst recession in decades.
 
The Beaufort County Board of Commissioners voted Monday night (1-9-12) to submit a referendum to the county's voters in the May 8, 2012 primary on the question of whether to raise the county, local option sales tax rate from 2% to 2.25%.
The Beaufort County Board of Commissioners voted Monday night (1-9-12) to submit a referendum to the county's voters in the May 8, 2012 primary on the question of whether to raise the county, local option sales tax rate from 2% to 2.25%.
 

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