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North Carolina Sales Tax
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Gasoline tax limit means $600M lost for NC (AP via Yahoo! Finance)
When the Legislature capped North Carolina's gasoline tax in 2006, it gave politicians something to crow about at election time to show they cared about voters' pain at the pump. Gas Tax Cap At Issue Next Legislative Session (WNCT Greenville)
State lawmakers will have several difficult financial issues to tackle in the next legislative session. One is what to do about the cap on the gas tax. It’s set to expire next year. Extending the cap satisfies people who are against higher taxes, but it would also come at a price. North Carolina's budget shortfall widens to $320M (WRAL.com Raleigh)
North Carolina's state government budget shortfall has widened by nearly another $100 million, according to a General Assembly report released Friday, attributing lower-than-expected tax collections to a weakening job market. Gasoline tax limit means $600M lost for NC (The Charlotte Observer)
(By GARY D. ROBERTSON, Associated Press Writer) When the Legislature capped North Carolina's gasoline tax in 2006, it gave politicians something to crow about at election time to show they cared about voters' pain at the pump. While motorists currently save about a nickel for each gallon they buy because of the cap, its loss for the state Transportation Department is much greater: $600 million. ... Gas tax limit hurts state (The Fayetteville Observer)
RALEIGH — When the General Assembly capped North Carolina’s gasoline tax in 2006, it gave politicians something to crow about at election time to show they cared about voters’ pain at the pump. Home sales, prices down again in South (AP via Yahoo! News)
Existing home sales in Southern states fell more than 10 percent in October compared to the same month a year ago, while the median sales price dropped nearly 6 percent to $161,000, the National Association of Realtors reported Monday. North Carolina’s Budget Shortfall Widens To $320M (NBC 17 Raleigh)
A new report says the budget shortfall in North Carolina state government has widened. Anti-smoking group calls for $1 increase in cigarette tax (WRAL.com Raleigh)
The Alliance for Health says boosting the state tax on cigarettes would help solve North Carolina's budget problems while getting some smokers to kick the habit. N.C. gasoline tax limit means $600 million in lost revenue (The Virginian-Pilot)
BY GARY D. ROBERTSON The Associated Press RALEIGH, N.C. When the Legislature capped North Carolina's gasoline tax in 2006, it gave politicians something to crow about at election time to show they cared about voters' pain at the pump. Home Sales, Prices Down Again in South (The Memphis Daily News)
MIAMI (AP) - Existing home sales in Southern states fell more than 10 percent in October compared to the same month a year ago, while the median sales....
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