Higher Taxes http://wfae.org en Charlotte's A Taxing City For Tourists http://wfae.org/post/charlottes-taxing-city-tourists <p></p><p><span style="line-height: 1.5;">State lawmakers have rebuffed Charlotte officials who hoped to </span><em style="line-height: 1.5;">double</em><span style="line-height: 1.5;"> the local restaurant tax in order to renovate Bank of America Stadium.&nbsp; Instead, the city will have to rearrange </span><em style="line-height: 1.5;">existing </em><span style="line-height: 1.5;">restaurant tax revenues to help the Panthers. Visitors to Charlotte may find that good news, since </span>WFAE's<span style="line-height: 1.5;"> Julie Rose reports the city already ranks among the most </span><em style="line-height: 1.5;">taxing </em><span style="line-height: 1.5;">for tourists.</span></p><p></p><p> Fri, 29 Mar 2013 13:21:40 +0000 Julie Rose 24200 at http://wfae.org Charlotte's A Taxing City For Tourists Charlotte City Council Punts On Streetcar Debate http://wfae.org/post/charlotte-city-council-punts-streetcar-debate <p>The Charlotte City Council has, yet again, delayed a decision on raising taxes to fund capital improvements, including a streetcar extension.</p><p>The mayor convened three meetings this fall to work out a compromise. But Monday the council decided it would rather wait and tackle the tax hike plan in the spring when it's approving the rest of the city budget.</p><p>Councilman James Mitchell cited uncertainty about taxes and spending at the state and federal level in urging the delay. But Councilwoman Patsy Kinsey doubts a few more months will make a compromise more likely. &nbsp;</p> Mon, 17 Dec 2012 21:11:41 +0000 Julie Rose 17836 at http://wfae.org Expect Reduced Benefits, Higher Taxes To Pay Back Unemployment Insurance Debt http://wfae.org/post/expect-reduced-benefits-higher-taxes-pay-back-unemployment-insurance-debt <p>North Carolina legislative leaders will unveil a plan Wednesday to pay back a massive debt to the federal government. The state owes nearly $2.5 billion for money it borrowed during the recession to pay for unemployment insurance.</p><p>Legislators in charge of the plan to pay that back say the solution will likely include fewer benefits for the unemployed and higher taxes for some businesses.</p><p>North Carolina's unemployment insurance is fully funded by businesses. Most of them pay a tax on every employee they have, and that money goes into a giant trust fund.</p> Mon, 03 Dec 2012 22:33:35 +0000 Michael Tomsic 16961 at http://wfae.org