North Carolina state revenues are headed for another significant surplus this fiscal year, which started July 1, 2016.
The General Assembly’s top staff economist wrote legislative leaders Tuesday telling them that taxes, fees and other revenues are $322 million ahead of projections for the six months ending Dec. 31 — or 3 percent over the target…. Legislative economist Barry Boardman says revenue growth should continue to follow its current trend thanks to a state economy with stable economic growth. (emphasis added)
NC’s economy continues to outperform expectations – along with regional and national trends – since the historic tax cuts of 2013.
Janet Leigh says
Thanks to Pat McCrory’s leadership!
Ken Hardison says
Myself , along with other small business owners do not like the tax placed on service calls one bit . This has been so confusing . It makes more paper work for the people doing the office work , IT is double tax. I like you Pat I have always voted for you , You did not go along with this did you? Along with other reasons that I voted for Trump was because he said he would help the small business man . Adding another tax for the small business man to deal with is not helping. Trump might help but, the state has not.
No tax raises huh? Now I pay taxes on a car wash??? Really?
Send everyone a stimulus check of couple of thousand dollars and boost the economy.
Thanks to President Obama’s leadership. Pattie McCrory has had his head in the toilet far too long