NC Budget Update

House and Senate Democrats appear on the edge of reaching a deal to raise more taxes one week after North Carolina Gov. Beverly Perdue rejected a similar plan.

Finance negotiators plan to meet Thursday morning to try to hammer our details on a new plan that would raise sales tax by a penny but limit an income tax surcharge to people with the highest earnings.

Perdue rejected her fellow Democrats' deal last week because the surcharge would have been paid by all income taxpayers.

The taxes would be inserted into a final two-year budget bill Perdue will be asked to sign into law.

The Legislature also must extend a stopgap spending measure that expires Friday night because the budget won't be approved before then.

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  • by Lavon Location: Goldsboro on Aug 4, 2009 at 08:26 AM
    Obama will win in 2012 again just like I predicted he would win in 2008. Hey Cactus. Im going to walk the walk. Just remember that your vote is only counted 1 time. After that you mean absolutetly nothing! LOL!!
  • by Mya Location: Greenville on Aug 1, 2009 at 12:01 PM
    I thought Purdue was for education. I see that was a lie! The only thing I see her do is cut education to the bone.
  • by Cactus Location: Strabane on Jul 30, 2009 at 04:10 PM
    I hear you doing the talk, but will you do the walk next election.
  • by no more money! on Jul 30, 2009 at 03:00 PM
    james you are right, but the problem isnt so much WHERE the money is spent--there needs to be a serious audit of WHO the money goes to. and in the future, there needs to be some serious scrutinizing as to whether people truly need the money. there ARE people who require govt help to survive, and there are people who milk it for all they can. it should be a last resort, applying for any kind of assistance. on the other hand, my job requires state funding, so i would like to keep it. im sure if the state were to do an intensive accounting audit it would serve better than to bandaid the situation with MORE TAXES! i dont have much money as it is, how can i pay more!
  • by James Location: New Bern on Jul 30, 2009 at 12:02 PM
    Perdue and all others in office need a change of job at the next election. These tax and spends policies have to end. They have to cut spending !! just like I do when my checking account gets low.
  • by Tom Location: Raleigh on Jul 30, 2009 at 10:57 AM
    PLEASE keep voting Democrat....
  • by Obama Snake Oil Co Location: Washington on Jul 30, 2009 at 10:27 AM
    Bob, you know Tenn has a 6% sales tax and no income tax? Just how can that state do it? They pay less for gasoline taxes also. NC is up at the top like NY. Seems we are taking in these NY and NJ politicians in our state. I am a dem but I don't vote for these idiots. I try to vote them out and everybody else, mostly idiots themselves "VOTE STRAIGHT DEMOCRAT" on the voter forms. This takes no talent, homework or brains. Yet the say they look after the poor and middleclass. Wrong. The poor smoke and drink more, drive old cars that are now being crushed before they can buy them, paying more for sales tax, paying more for food and services and a host of new taxes. They aren't even smart enough to understand the new healthcare will penalize them for choices of lifestyle. They will when they have a loved one that is denied treatement because the government says its too expensive and that loved one was overweight.....OSOC
  • by Bob Location: Belhaven on Jul 30, 2009 at 09:19 AM
    Well lets see they raised taxes on gasoline, cigarettes, alcohol, etc. etc. ad nauseam. Where is the money "robin hood obama" was going to take from the "rich" and give to the poor? I haven't received mine, where is it? NC follows the Dumocrat play book ...Tax Tax Tax!
  • by enc Location: enc on Jul 30, 2009 at 08:48 AM
    a penny...or 1%?
  • by Wanda Location: Kenansville on Jul 30, 2009 at 08:36 AM
    If I can't beat them, how can I join Perdue's payroll.
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