House Leader: NC Dems Have Tentative Tax Agreement | Politics.MyNC.com

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House Leader: NC Dems Have Tentative Tax Agreement

Posted on 30 July 2009 | Jennifer Wig

House Leader: NC Dems Have Tentative Tax Agreement From AP

RALEIGH, N.C.  – Lawmakers say they’re still working on details of a tax plan to raise about $1 billion for North Carolina state government this year.

House Majority Leader Hugh Holliman said Thursday that Senate and House Democrats have reached a tentative agreement that would be inserted into the final budget.

It would raise the sales tax by a penny and create an income tax surcharge.

Holliman and a Senate counterpart said the plan likely will make the highest wage earners pay a 3 percent income tax surcharge. Those who make less – perhaps single filers making as low as $60,000 – would face a 2 percent surcharge.

Gov. Beverly Perdue rejected a similar plan last week because the surcharge would have been paid by all income taxpayers.

1 Comments For This Post

  1. nicklaw, sherry says:

    I am totally against a tax surcharge on any income level.
    We are taxed to death in North Carolina. I wish the state government would learn to budget just as I have. I have had to slash my budget in order to live on my income. Do not raise any more taxes. Learn to eliminate unnecessary spending. Quit padding your pockets.

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