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North Carolina Sales Tax
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Tobacco, alcohol interests blast Perdue's proposed tax increases (Burlington Times-News)
RALEIGH - Gov. Bev Perdue said Tuesday that by opting for sin taxes over income and sales taxes, the state is avoiding broadly based tax increases in favor of narrowly tailored revenue streams. How will Perdue fill the gap? Governor proposes increasing tax on tobacco, creating an alcohol tax (Winston-Salem Journal)
Care for a smoke? First prepare for sticker shock. The average price of cigarettes in North Carolina could rise by about 50 percent to well more than $5 a pack later this year. Alabama Ruling Holds Carrier Liable for Sales Tax in Lease-Purchase Deals (TruckingInfo.com)
3/16/2009 The Administrative Law Division of the Alabama Department of Revenue has held that an interstate motor carrier based in Alabama was liable for sales tax on trucks it sold to its drivers under lease-purchase arrangements. With Neighbors Above 10 Percent Unemployment, Forsyth County Wonders About Its Fate (FOX 8 WGHP)
The town of Mount Airy represents the good life in North Carolina, but the problems facing Surry County were highlighted in red Thursday when the state's Employment Security Commission released statistics showing Surry County had a 12.7 percent unemployment rate in January. AW plant cuts about 500 jobs (The News & Observer)
AW North Carolina, one of Durham's largest manufacturers, expects to eliminate about 500 jobs as it slashes production in the economic downturn. North Carolina budget highlights (The Wilson Times)
RALEIGH — Here are the highlights of Gov. Beverly Perdue’s $20.98 billion budget released Tuesday for the 2009-10 fiscal year. For tax changes, figures are for the amount of revenue generated or lost. ... Perdue's NC budget would cut $1.3 billion next year, seeks $1 cigarette tax increase (Seattle Times)
Gov. Beverly Perdue's budget proposal unveiled Tuesday would seek a dollar-per-pack increase in North Carolina's cigarette tax and higher alcohol taxes to help narrow the state's $3.4 billion budget gap for the coming year. Perdue wants sin tax to balance budget (ABC11 Raleigh-Durham-Fayetteville)
North Carolina Governor Beverly Perdue announced a $21 billion budget plan Tuesday. Reynolds American: Cigarette Tax Hike Will Cost NC Jobs (WFMY News 2 Greensboro)
A Reynolds spokesperson says a tax increase would put 50,000 North Carolina jobs at risk. Caraustar Announces It Has Permanently Ceased Production at Its Carolina Paperboard Mill (PR Newswire via Yahoo! Finance)
Caraustar Industries, Inc. today announced that on March 19, 2009 it made the determination to permanently cease production of uncoated recycled boxboard at its Carolina Paperboard mill in Charlotte, NC.
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