Today is Tuesday, 19th November 2024

Taxes Jump in North Carolina

From WLOS.com:

You’ll have to pay a little more in North Carolina the next time you purchase a computer or clothing, a pack of cigarettes or a bottle of wine.

New laws took effect Tuesday raising the sales tax rate on most goods by one penny and increasing excise taxes on tobacco products, beer, wine and liquor.

Democratic lawmakers and Gov. Beverly Perdue said they had no choice but to raise the taxes to close a budget gap. Senate Republican Leader Phil Berger says the higher taxes will delay the state’s economic recovery.

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