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North Carolina has over-collected more than $6 billion in state taxes when compared to May of 2020 economic forecasts.
North Carolina has over-collected more than $6 billion in state taxes when compared to May of 2020 economic forecasts.
 
Lawmakers in the North Carolina House fast-tracked a bill today that would allow businesses that received Payroll Protection Program loans from the federal government to have any expenses the funds were used for deducted from state tax.
Lawmakers in the North Carolina House fast-tracked a bill today that would allow businesses that received Payroll Protection Program loans from the federal government to have any expenses the funds were used for deducted from state tax.
 
Patrick Gleason of Americans for Tax Reform offers Forbes readers a warning about one potential impact of the fall election: tax hikes in 2021.
Patrick Gleason of Americans for Tax Reform offers Forbes readers a warning about one potential impact of the fall election: tax hikes in 2021.
 
Over at PoliticsNC.com, former political consultant Thomas Mills re-runs the old trope about how low-income North Carolinians pay a higher share of their income in taxes relative to high-income earners.
Over at PoliticsNC.com, former political consultant Thomas Mills re-runs the old trope about how low-income North Carolinians pay a higher share of their income in taxes relative to high-income earners.
 
Over at PoliticsNC.com, former political consultant Thomas Mills re-runs the old trope about how low-income North Carolinians pay a higher share of their income in taxes relative to high-income earners.
Over at PoliticsNC.com, former political consultant Thomas Mills re-runs the old trope about how low-income North Carolinians pay a higher share of their income in taxes relative to high-income earners.
 
Tax policy is as much about regulation as it is the efficiency and simplicity of raising revenues to pay for government activity
Tax policy is as much about regulation as it is the efficiency and simplicity of raising revenues to pay for government activity
 
If you are a North Carolina taxpayer and you think something looks familiar about President Trump’s tax reform plan, you are right
If you are a North Carolina taxpayer and you think something looks familiar about President Trump’s tax reform plan, you are right
 
So far this year, we've had three state budget plans submitted by the three main actors in the drama: Gov. Pat McCrory, the North Carolina House, and the North Carolina Senate
So far this year, we've had three state budget plans submitted by the three main actors in the drama: Gov. Pat McCrory, the North Carolina House, and the North Carolina Senate
 
A contentious Senate committee hearing Wednesday on a bill to phase out multimillion-dollar state tax subsidies to select renewable energy
A contentious Senate committee hearing Wednesday on a bill to phase out multimillion-dollar state tax subsidies to select renewable energy
 
Green energy advocates characterize it as a jobs-killing bill, and the House leadership hasn't made it easy for the measure to move forward, but state Rep. Mike Hager said support is building for House Bill 298, his effort to end costly state tax subsidies for renewable energy.
Green energy advocates characterize it as a jobs-killing bill, and the House leadership hasn't made it easy for the measure to move forward, but state Rep. Mike Hager said support is building for House Bill 298, his effort to end costly state tax subsidies for renewable energy.
 
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.
 
Louisiana Governor Bobby Jindal, Nebraska Governor Dave Heineman, and Kansas Governor Sam Brownback have all called for their states to eliminate their income tax and replace it with a sales tax over the past week.
Louisiana Governor Bobby Jindal, Nebraska Governor Dave Heineman, and Kansas Governor Sam Brownback have all called for their states to eliminate their income tax and replace it with a sales tax over the past week.
 
North Carolina spends $12 million in state tax dollars every year on a program called Customized Training. Run by the state community college system, it provides job training for employees of particular firms.
North Carolina spends $12 million in state tax dollars every year on a program called Customized Training. Run by the state community college system, it provides job training for employees of particular firms.
 
Newly created Bear Grass Charter School planned to open its doors this August in an abandoned high school building, but the Martin County Board of Education said the building is not for sale or rent.
Newly created Bear Grass Charter School planned to open its doors this August in an abandoned high school building, but the Martin County Board of Education said the building is not for sale or rent.
 
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