Tagged: Increased taxes

Local News
6:13 pm
Wed December 5, 2012

N.C. Proposal Slashes Unemployment Insurance, Raises Taxes

Credit Bytemarks/Flickr
Republican legislators in N.C. have unveiled a plan that slashes unemployment benefits and raises taxes for some businesses.

Republican state legislators unveiled a plan Wednesday to reduce unemployment benefits and raise taxes on some businesses. They say those are necessary steps to pay back the nearly $2.5 billion the state owes the federal government for help paying unemployment insurance.

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