taxes

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.

Both Charlotte and Mecklenburg County are in the process of approving a budget for the next fiscal year. City Manager Ron Carlee will join us in the first part of the show to talk about his first recommended budget for the city and what it will mean for citizens inside the city limits. Then we'll be joined by Interim County Manager Bobbie Shields and Budget director Hyong Yi to discuss how the recommended county budget would impact tax payers throughout Mecklenburg County. How will the services the city/ county provide be affected this fiscal year? How will your pocketbook be affected? Find out, when Charlotte Talks.

Anti-Tax Advocate Grover Norquist Visits Huntersville

May 17, 2013
Tasnim Shamma

Influential anti-tax advocate Grover Norquist made several stops in North Carolina yesterday. He visited the capitol to show support for Republican proposals to overhaul the state’s tax system, and ended the day in Huntersville. 


The General Fund is the state’s piggy bank, where revenue goes in and payments come out.  Today, the State Controller’s office released a report showing that, since June, the fund earned almost $300 million more than the same time last year. That’s an increase of over four percent. Amber Young at the controller’s office says it’s for the best possible reason-- people are earning more.

“It’s just things are doing better—individual income went up five percent,” Young said. “We’re seeing more people working again. Corporate went up about that amount.”

Les Chatfield/Flickr

The White House issued a statement Monday warning that taxes would go up for middle-class families by more than $2,000 on average, if Congress does not prevent the “fiscal cliff”—the series of automatic spending cuts and expiring tax breaks scheduled for the end of the year.  

USC Upstate/flickr

South Carolina Governor Nikki Haley says nearly 6 million residents had their social security and bank account numbers stolen by hackers in a September attack. At a press conference today, Haley released new details from Mandiant, the information security firm hired to investigate the attack.

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