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Much of the surge in North Carolina income tax collections this spring can't be counted on to repeat in 2020 and 2021, state government economists said Tuesday. That could limit options on further spending or tax breaks in the upcoming two-year budget.
North Carolina tax collections are on track for the state to post its highest surplus since the Great Recession.
A North Carolina appeals court has set aside temporarily a trial judge's ruling that voided two constitutional amendments because some district boundaries for lawmakers who placed them on the ballot had been previously declared racial gerrymanders.
North Carolina judge has voided constitutional amendments approved by voters in November requiring photo identification to vote in person and capping the state income tax rate.
A Trump administration official says income tax refunds for 2018 will go out on time during the partial government shutdown because rules will be changed to make funding available to pay them.
North Carolina is again cutting personal and corporate income tax rates.
Top Trump administration officials insist the president's proposed tax plan, which would slash corporate and individual tax rates, will not add to the deficit.
A constitutional amendment lowering the cap on North Carolina income tax rates is halfway to voters following Senate passage of a November 2018 referendum.
Starting next month, certain New Hanover County residents can qualify for free tax preparation and filing.