NCPI Workmark
Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Governor Submits Balanced Budget Without New Taxes

Record #:
30843
Author(s):
Abstract:
Governor Hodges surprised the 1959 North Carolina General Assembly by proposing a balanced budget without raising taxes or increasing schedule rates. This will be accomplished by generous estimates of revenue prospects, use of surplus, windfall payments of individual income taxes adopted from withholding plan of collecting individual income taxes, and holding appropriations to a limit.