Competing NC tax overhaul bills discussed - WFLA News Channel 8

Competing NC tax overhaul bills discussed

Posted: Updated:
RALEIGH, N.C. -

House and Senate Republicans are providing more details about their competing plans to overhaul North Carolina's tax system.
    
Senate GOP leaders rolled out a bill Thursday that largely follows the framework they offered three weeks ago and would greatly expand the number of services subject to the sales tax.
    
The measure also contains lower sales and income tax rates but now attempts to address criticisms that the changes would require more low- and middle-income families to pay higher taxes.
    
Earlier Thursday, the House Finance Committee began debating the chamber's Republican plan, which would also lower rates but only expand the sales tax base slightly.
    
No votes were taken on either plan or on a third proposal in the Senate that more closely aligns with House GOP proposal.

  • PoliticsMore>>

  • NC flags lowered on day of Fulghum service

    NC flags lowered on day of Fulghum service

    Wednesday, July 23 2014 5:11 AM EDT2014-07-23 09:11:02 GMT
    A first-term North Carolina legislator who died last weekend will be formally remembered within state government and at the church he attended for decades.
    A first-term North Carolina legislator who died last weekend will be formally remembered within state government and at the church he attended for decades.
  • NC counties see sales tax changes in Senate bill

    NC counties see sales tax changes in Senate bill

    Tuesday, July 22 2014 10:46 PM EDT2014-07-23 02:46:55 GMT
    File PhotoFile Photo
    Four large North Carolina counties would see their authority to raise sales taxes scaled back in Senate legislation that its Republican supporters say would level the playing field across the state in generating revenue.
    Four large North Carolina counties would see their authority to raise sales taxes scaled back in Senate legislation that its Republican supporters say would level the playing field across the state in generating revenue.
  • State: Ex-Tarboro town manager used funds inappropriately

    State: Ex-Tarboro town manager used funds inappropriately

    Tuesday, July 22 2014 7:10 PM EDT2014-07-22 23:10:06 GMT

    The state auditor’s report determined that the former town manager “made nearly $366,000 of purchases" that were inappropriate.

    The state auditor’s report determined that the former town manager “made nearly $366,000 of purchases" that were inappropriate.

Powered by WorldNow

200 South Parker Street, Tampa, FL 33606

Telephone: 813.228.8888
Fax: 813.225.2770
Email: news@wfla.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.