NC House expected to complete tax overhaul OK - WJBF-TV ABC 6 Augusta-Aiken News, Weather, Sports

NC House expected to complete tax overhaul OK

Posted: Updated:
RALEIGH, N.C. -

A tax code overhaul promoted by House Republicans will soon be in the hands of Senate Republicans, who want more dramatic changes to North Carolina's tax system.

The House plans a final vote Monday evening on its bill to lower individual and corporate income taxes and add to the list of transactions subject to the sales tax.

House GOP leaders are promoting the bill as an historic effort at tax reform after decades of failures in Raleigh that would in time result in lower tax bills for most everyone. But Democrats and their allies say most tax filers will pay more at the expense of the very wealthy.

The bill received tentative House approval last Friday.

The Senate wants to greatly expand the scope of the sales tax.

  • PoliticsMore>>

  • NC flags lowered on day of Fulghum service

    NC flags lowered on day of Fulghum service

    Wednesday, July 23 2014 5:11 AM EDT2014-07-23 09:11:02 GMT
    A first-term North Carolina legislator who died last weekend will be formally remembered within state government and at the church he attended for decades.
    A first-term North Carolina legislator who died last weekend will be formally remembered within state government and at the church he attended for decades.
  • NC counties see sales tax changes in Senate bill

    NC counties see sales tax changes in Senate bill

    Tuesday, July 22 2014 10:46 PM EDT2014-07-23 02:46:55 GMT
    File PhotoFile Photo
    Four large North Carolina counties would see their authority to raise sales taxes scaled back in Senate legislation that its Republican supporters say would level the playing field across the state in generating revenue.
    Four large North Carolina counties would see their authority to raise sales taxes scaled back in Senate legislation that its Republican supporters say would level the playing field across the state in generating revenue.
  • State: Ex-Tarboro town manager used funds inappropriately

    State: Ex-Tarboro town manager used funds inappropriately

    Tuesday, July 22 2014 7:10 PM EDT2014-07-22 23:10:06 GMT

    The state auditor’s report determined that the former town manager “made nearly $366,000 of purchases" that were inappropriate.

    The state auditor’s report determined that the former town manager “made nearly $366,000 of purchases" that were inappropriate.

  • Trending StoriesTrending StoriesMore>>

  • 77-year-old questioned, defended as true Marine after NFL player takes his photo

    77-year-old questioned, defended as true Marine after NFL player takes his photo

    Tuesday, July 22 2014 1:58 PM EDT2014-07-22 17:58:35 GMT
    (WMC) - It was a story that made its rounds on social media. On a recent flight DeAngelo Williams, Mid-Southerner and running back for the Carolina Panthers, gave his first-class plane seat to a 77-year-old
    Family members are upset and hurt that their relative, James Wesley Bolden, is being called a liar and "a fake."
  • Largest companies by revenue in each state

    Largest companies by revenue in each state

    Thursday, July 10 2014 8:01 PM EDT2014-07-11 00:01:10 GMT
    Broadview Networks recently decided to find out the biggest -- by revenue -- company in each state in the US.The company used the Fortune 500 list to start with, but needed data by state, so it turned to Hoover's.With data from that company, they were able to search through each state's list of companies and then find the largest -- by revenue.Just flip through the list above and see who is the biggest in each state, what town they are based and their revenue.
    Broadview Networks recently decided to find out the biggest -- by revenue -- company in each state in the US.The company used the Fortune 500 list to start with, but needed data by state, so it turned to Hoover's.With data from that company, they were able to search through each state's list of companies and then find the largest -- by revenue.Just flip through the list above and see who is the biggest in each state, what town they are based and their revenue.
  • No swimming at some NC beaches due to high bacteria levels

    No swimming at some NC beaches due to high bacteria levels

    Wednesday, July 23 2014 12:36 PM EDT2014-07-23 16:36:19 GMT
    A map of the swimming areas along the NC coast that are affected by the recent high levels of bacteria.A map of the swimming areas along the NC coast that are affected by the recent high levels of bacteria.
    Six advisories and three alerts were issued against swimming Tuesday at nine ocean-side sites along the coast of North Carolina.
    Six advisories and three alerts were issued against swimming Tuesday at nine ocean-side sites along the coast of North Carolina.
Powered by WorldNow

1336 Augusta West Parkway
Augusta, GA 30909

Telephone: 706.722.6664
Email: talkback6@wjbf.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.