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for Tax collection--North Carolina
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Record #:
30111
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Record #:
30174
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In 1951, North Carolina is credited with paying the Federal treasury over $837 million, or 1.64 percent of the the total taxes collected from all states and territories. This however, does not include revenue from tobacco taxes, customs,
or internal revenue such as excise taxes. In that, North Carolina ranks 15th out of all states in the money taken from taxpayers into the Federal Treasury. On the other hand, North Carolina ranks 43 in per capita tax payments.
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Record #:
30431
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North Carolina General Fund tax collections showed a gain of 7.7 percent over the previous year. Highway fund collections and large estate inheritance taxes increased the collections received by the state. However, as appropriations continue to climb, revenues are not keeping up with the spending.
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Record #:
30593
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Early in the year, the North Carolina Department of Revenue provided municipal governments with over $239,000 in aid from franchise taxes paid by electric power utilities. The state collections six percent of the gross receipts for power companies, 1/2 percent of total collections going back to the municipalities.
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Record #:
30711
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There are ten counties that rank the highest among the North Carolina's counties with the amount of money collected and amount of money they pay in taxes over what they get back. These include Mecklenburg, Guilford, Forsyth, Wake, Buncombe, Durham, Gaston, New Hanover, Cumberland and Alamance. The least productive counties, as far as tax input, include Jones, Gates, Avery, Currituck, Pamlico, Graham, Tyrrell, Camden, Hyde, and Clay.
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Record #:
30784
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For the past eight months, state sales tax is been part a large part of the tax collection drama in North Carolina. Compared to other state tax schedules, sales tax is running behind previous years, falling nearly $20 million dollars from 1957 to 1958.
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Record #:
31066
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In comparing net sales and use tax collections for 1961-1962 with the fiscal year 1960-1961, there is a $22,364,623, or 25% increase. The total amount collection reached $111,685,585, with the largest amounts collected from Mecklenburg, Forsythe, Guilford, and Wake counties.
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Record #:
31175
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State tax collections in both the Fifth Federal Reserve District and the nation, more than doubled in the ten years between 1952 and 1962. For North Carolina, sales taxes and gross receipts made up the majority of state tax collection, followed by individual income tax, licenses, corporation income, and property taxes.
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Record #:
31744
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This tax list of a single district is from the Simpson/Black Jack area of Pitt County.
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