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Nearly 21 million people in the U.S. have already received their federal tax refunds, but North Carolina residents are still waiting on money from the state. That’s because the state just ...
The agency began using automated machinery to process individual income tax returns in 1960. [3] In 1971 the North Carolina General Assembly passed the Executive Reorganization Act. The law reformed the Department of Revenue to encompass the office of the commissioner of revenue, the Tax Research Board, and the State Board of Assessment. [4]
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A user fee is a fee, tax, or impost payment paid to a facility owner or operator by a facility user as a necessary condition for using the facility. People pay user fees for the use of many public services and facilities .
Generally, local governments already levy a property tax and can choose to use a portion of the property tax it already levies, use some other revenue stream, or increase its property tax by an amount equal to its debt service payments. An unlimited-tax general obligation pledge is identical to a limited-tax pledge except that the local ...
North Carolina Republicans say the way to bring more people and business to the state is to cut taxes, both the individual income tax rate and the one for corporations.