NC Tax Laws http://wunc.org en The Budget, The Tax Code, And Moral Mondays http://wunc.org/post/budget-tax-code-and-moral-mondays <p></p><p></p><p></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span></p><p><font face="Calibri,sans-serif" size="2"><span style="font-size: 11pt;">State lawmakers have less than six weeks to construct and pass a budget before the beginning of the next fiscal year.&nbsp;</span></font></p><p><font face="Calibri,sans-serif" size="2"><span style="font-size: 11pt;">The Senate released its spending plan last night, providing raises for teachers in return for sacrificing tenure.&nbsp;The General Assembly is also considering an overhaul to the tax code. </span></font></p> Thu, 29 May 2014 13:46:51 +0000 Will Michaels & Frank Stasio 36356 at http://wunc.org The Budget, The Tax Code, And Moral Mondays House Lawmakers Tentatively Pass Broad Tax Bill http://wunc.org/post/house-lawmakers-tentatively-pass-broad-tax-bill <p>State lawmakers in the House have tentatively passed a broad tax bill that would limit the power of local governments to tax businesses.The bill would also tax electronic cigarettes.<br /><br />The bill limits the authority of cities and towns to levy privilege taxes on businesses. Critics say the taxes are unwieldy and should be streamlined, but many municipal officials aren't happy about the measure, saying they earn significant revenues from those taxes. They would be capped at a hundred dollars per year.</p><p></p> Tue, 20 May 2014 21:40:36 +0000 Jessica Jones 35859 at http://wunc.org House Lawmakers Tentatively Pass Broad Tax Bill NC Governor Lauds State's Tax Overhaul To 'Build North Carolina's Future' http://wunc.org/post/nc-governor-lauds-states-tax-overhaul-build-north-carolinas-future <p>Governor Pat McCrory held a press conference today to celebrate a new report suggesting the state's economy is benefiting from tax cuts enacted last year.</p><p>The conservative American Legislative Exchange Council's "Rich States, Poor States" report ranks North Carolina sixth in the nation for its economic outlook.</p> Tue, 15 Apr 2014 21:20:11 +0000 Jessica Jones 33868 at http://wunc.org NC Governor Lauds State's Tax Overhaul To 'Build North Carolina's Future' Tax Day Spurs Conversations Around The State http://wunc.org/post/tax-day-spurs-conversations-around-state <p></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span></p><p><span style="color: rgb(34, 34, 34); font-family: Tahoma; font-size: 12pt; line-height: normal;">While tax day can evoke feelings of anxiety and dread across the country, some North Carolina groups are using today’s deadline to start conversations about tax reform and filing issues in the state.</span></p><p> Tue, 15 Apr 2014 16:13:46 +0000 Anita Rao & Frank Stasio 33845 at http://wunc.org Tax Day Spurs Conversations Around The State NC Grocery Store Owners Look For Reprieve From Local Tax http://wunc.org/post/nc-grocery-store-owners-look-reprieve-local-tax <p></p> Wed, 15 Jan 2014 03:47:02 +0000 Jorge Valencia 28965 at http://wunc.org NC Grocery Store Owners Look For Reprieve From Local Tax Sales Tax Jumps For Manufactured Homes http://wunc.org/post/sales-tax-jumps-manufactured-homes <p>Mobile and modular homes have traditionally been a top choice for lower-income home buyers.&nbsp; But the New Year has brought higher taxes for these properties.</p><p>The sales tax will jump about two-fold for those buying a modular home.&nbsp;&nbsp; Sonny Bannister is president of Royal Homes in Raleigh.</p><p>"We've been aware of the pending increase for about 90 days and we've been warning our customers of the potential of an increase since that time," said Bannister.</p> Thu, 02 Jan 2014 14:22:34 +0000 Leoneda Inge 28252 at http://wunc.org Sales Tax Jumps For Manufactured Homes