Sales tax expands

Local News
5:05 pm
Mon June 10, 2013

NC Tax Proposals Could Hurt Nonprofits

North Carolina State Legislative Building
Credit Jayron32 of English Wikipedia

  Proposals to overhaul North Carolina's tax code could discourage people from giving to charities, turn nonprofits into tax collectors, and make it more difficult for some organizations to provide services. Those are a few concerns the N.C. Center for Nonprofits raised Monday.

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Local News
3:09 pm
Fri June 7, 2013

N.C. House Moves First On Tax Overhaul

Credit Alan Cleaver / Flickr

The North Carolina House tentatively passed its version of a tax overhaul Friday. The Republican bill is one of three major tax overhauls the General Assembly is considering. 

Republicans and some Democrats in the state legislature agree North Carolina needs to do something about its tax code. The current one is based off a model from the Great Depression, and it includes the highest income tax rates in the Southeast.

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