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Taxes

Split decision by NC judges on sweepstakes biz tax

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A split decision by the North Carolina Court of Appeals over the legality of special taxes on businesses using computers to offer games of chance or sweepstakes means the case is likely to reach the state's highest court. Full story...
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Ballpark discussion continues despite likely tax hike, budget issues

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video A drop in property values will most likely mean the City of Wilmington will have to raise property taxes to pay for its next budget. That issue has some residents asking whether the city should even be talking about building a baseball stadium. Full story...
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City leaders question wording in baseball stadium petition

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video Some Wilmington city leaders are crying foul over a petition to stop a publicly funded baseball stadium. They believe the wording is too broad and could jeopardize other events. Full story...
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Rally against taxpayer-funded stadium Saturday

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As we first told you last week, a petition is circulating around Wilmington against using tax money to build a ballpark. Organizers say they are not against the stadium in general; just the taxpayers footing the bill. Full story...
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Wilmington men organize citizen ordinance, petition to stop tax funded ballpark

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video The proposed ballpark has gotten its fair share of attention lately. Two Wilmington men are trying to stop it from going any further and taking the issue into the hands of the people. They have started a petition to hopefully change how the city can pay for the ballpark. Full story...
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ONLY ON 3: Developer talks about ballpark plan, opposition starts Facebook group

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video The city is not the only one stepping up to the plate when it comes to embracing the construction of a new baseball stadium downtown. Today, the developer met with the Wilmington Area Hospitality Association to discuss his plans, which he says will change the city. Full story...
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The Rant: Take me out to the ballgame?

Take me out to the ballgame? That's the question for Wilmington City Council as it discusses building a baseball stadium. But not everyone is on board with the idea.

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Americans for Prosperity speaks out against ballpark plan

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Critics are crying foul on a plan to build a baseball stadium with taxpayer money in Wilmington. Many people are questioning why city leaders would consider the possibility of raising property taxes to help fund the ballpark, instead of letting the private sector build it. Full story...
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Davis talks taxes, progress in State of the County

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video New Hanover County Commission Chair Ted Davis gave the State of the County Address Monday. He talked about the strides the county has made and some of the issues it faces. Full story...
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Wilmington ballpark plan could mean tax hike

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video City Council will consider negotiating with Mandalay Baseball Properties and the Atlanta Braves to explore a public/private partnership. That could mean an increase in taxes. Full story...
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Romney campaign touts his tax return transparency

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Republican presidential candidate Mitt Romney paid about $3 million in federal income taxes in 2010, having earned more than seven times that from his investments. Those earnings, $21.7 million, put him among the wealthiest of American taxpayers. Romney's campaign said Tuesday he followed all tax laws. Full story...
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Goodwill offers free tax assistance in NC

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Goodwill Industries of the Southern Piedmont is offering income tax assistance to those who qualify in the Charlotte area. Full story...
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Gov. Perdue's sales tax increase is not popular

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video Gov. Bev Perdue says she is eying an increase in the state sales tax to help pay for education. "I am suggesting today, and I am going to fight for today, for our children's future by doing a fraction of a penny for progress for schools and for children to invest in public schools, universities and colleges," Perdue said Tuesday. Full story...
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IRS offers free options for online tax filing

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video Tax time. It's the time of year you either get a refund or give the government even more money. Either way, if you're looking to save a little cash, did you know you can file your federal taxes for free? Full story...
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FIRST ON 3: IRS hits Navassa with $35k penalty

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videoThe IRS has issued a nearly $35,000 fine to the Town of Navassa. When reached by phone this morning, Mayor Eulis Willis said the council has not yet talked about the penalty, but it does have the town's lawyer working on it. Full story...
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