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Taxes

Goolsby to file bill to exempt Monkey Junction residents from city tax

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videoSen. Thom Goolsby (R-9th District) plans to file a bill in the General Assembly that would keep Monkey Junction residents from paying taxes to Wilmington for the six months they were part of the city. Full story...
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Effort building to change US pot laws

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From legalizing the industrial production of hemp to establishing a federal tax, an effort is building in Congress to change U.S. marijuana laws. Full story...
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NC House taking up unemployment insurance fix

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An unemployment insurance package that would eliminate North Carolina's $2.6 billion debt to the federal government by cutting jobless benefits and raising business taxes remains on the fast track at the General Assembly. Full story...
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NC unemployment debt fix backed by House panel

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An unemployment insurance system overhaul for North Carolina has cleared its first hurdle early in the General Assembly as a House committee agreed to changes that would include cutting jobless benefits and raising employee taxes. Full story...
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NC House speaker talks about 2013 session

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The leader of the North Carolina House says focusing on government efficiencies and fixing the state's indebted unemployment insurance system will free up money so businesses can create jobs and vulnerable citizens are cared for. Full story...
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NC legislators offered tax overhaul options

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A Washington-based conservative-leaning think tank is providing options to North Carolina elected officials on how to overhaul the tax system so that it says the state's tax climate would improve significantly. Full story...
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Obama speech sets stage for looming policy fights

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President Barack Obama has prepared a second inaugural address that broadly lays out his vision for the country's future while leaving the details of the policy fights over taxes, guns, immigration and other divisive issues for another day. Full story...
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NC Senate leader wants lower income tax rates

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video North Carolina Senate leader Phil Berger says he thinks an overhaul of the state tax system will happen this year and he will try to make income tax rates as low as possible - maybe even zero. Full story...
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House approves fiscal cliff bill

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video After months of drama and some tense last minute negotiating, Congress finally passed legislation to avoid the fiscal cliff. Full story...
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How are fiscal cliff talks affecting your spending?

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videoWith legislators deadlocked as usual, many are worried about a fall over the fiscal cliff. But that's in Washington. What about here at home? We went out to see how the fiscal cliff is affecting Christmas in our town. Full story...
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