taxes

Government & Heritage Library, State Library of NC

North Carolina Senate leaders have unveiled their new plan to overhaul how the state distributes sales taxes and provides tax incentives to businesses. It gives a bit of ground from a March proposal that drew outcries from the governor, House lawmakers, the Charlotte Chamber, and city officials, but still contains the key elements of that earlier proposal. That includes a big hit to Mecklenburg County’s budget. 


American Airlines Group

American Airlines announced their first quarter profits Friday. And they were a record $932 million. It’s great news for the airline and their stockholders and certainly noted by North Carolina lawmakers. 

Jenn Durfey / Flickr

The top state House lawmaker on transportation issues has introduced a new bill to change how much customers pay in taxes at the pump. It’s at least the fourth proposal in as many months.


Charlotte’s City Council is looking at ways to fill a gaping hole in the budget. Last night, city manager Ron Carlee presented options from trims to tax raises.

City leaders have said the upcoming budget hole is worse than any single year of the recession. But instead of a flailing economy, it’s due to state tax changes and Mecklenburg County’s property tax revaluation redo.

North Carolina's gap in tax revenue compared to the year before keeps getting smaller. The Office of the State Controller reported Tuesday that tax revenues are still down though.

Ben Bradford / WFAE

Republican sponsors called it a tax cut, but a bill awaiting one final vote in the North Carolina Senate would ultimately raise the tax. And, those same sponsors are counting on the revenue it will bring in.

Alan Cleaver / Flickr

A report from the state controller Wednesday shows North Carolina's tax revenues are down $477 million compared to the same period a year ago. 

The $477 million represents a 4 percent drop in tax revenue. That's actually an improvement from a few months ago, when the state was down 6 percent.

Alan Cleaver / Flickr

North Carolina's tax revenues are down almost $400 million compared to the same period last year. That's according to a report the Office of the State Controller released Thursday on the first four months of the state's fiscal year.

Tasnim Shamma

The Hickory City Council conducted business last week ... in Charlotte.

They were in town for a retreat that focused on whether to seek a tax hike for a project to renovate and redesign the city’s public spaces by improving existing parks and building greenways in Hickory.


Fuller: No Tax Hike; Calls For Poverty Task Force

Jan 30, 2014
Tasnim Shamma

Mecklenburg County Commission Chairman Trevor Fuller says he doesn't want to raise taxes this year because the county expects to see a surplus in revenue from construction and other growth.

Pages