Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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for Taxation--North Carolina--Revenues
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Abstract:
Local governmental revenues increased over the previous year. Contributions from the state increased over 4%, while property tax as a source of revenue has decreased in importance.
Abstract:
The Commission for the Study of revenue was asked to report on the state's tax laws and areas of tax code needing revision. Its report contains twenty-two individual recommendations and estimated outcomes if changes were made. Also, the report tabulates the potential increase in revenue at a 1% increase for both counties and cities.
Abstract:
Revenues collected from 1959-1960 amounted to over $328 million, while expenditures totaled just over $277 million. this left the state with a budget surplus of nearly $19 million. The majority of revenues came from individual income taxes and sales taxes, while the majority spent was in education and public welfare programs.