A memo from the legislature's Fiscal Research Division says the wages of North Carolina's workers haven't grown as fast as originally forecast, resulting in the projected cost of the 2013 tax cuts rising from $475 million to $680 million.
Similar Stories to Nc Budget Hole Grows Based On New Tax Cut Analysis on Bing News
National/International Headline List General Wire, San Antonio Express-News: World
Fri, 07/25/2014 - 3:10pm
BING NEWS:
- Stitt argues again for personal income tax cut ahead of budget summit
He said the impacts of inflation make tax cuts even more important now, as Oklahomans who haven’t gotten a 25% pay increase since 2020 have actually lost spending power.
05/3/2024 - 4:24 pm | View Link - Mayor Brown on 9% tax levy increase in proposed budget: 'We can't cut our way to prosperity'
Raising taxes in the City of Buffalo is a decision that Mayor Byron Brown does not like to often make, especially when it's a 9% proposed hike as part of the 2024-25 budget.However, Mayor Brown feels ...
05/1/2024 - 9:30 pm | View Link - More
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