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State budget negotiations are stalled as House and Senate lawmakers are too far apart to reach a deal. Reportedly, there will not be a budget agreement until likely September, following what had initially been a June 30 deadline.
State budget negotiations are stalled as lawmakers are too far apart to reach a deal, eliminating the possibility of an agreement until at least mid-August.
Governor Roy Cooper’s new proposed budget for fiscal years 2023-2025 is a tone-deaf proposal for North Carolina’s tax code. Instead of continuing with the tax decreases that were already signed into law in a previous budget, Cooper is proposing that we freeze the tax rate at the current 4.75%. Cooper’s reasoning is that further tax
Changing state law to raise future tax rates amounts to a tax increase. That's true, regardless of the governor's spin.
The North Carolina Supreme Court will revisit a landmark school funding case a different set of justices ruled on four months ago.