State taxes could go up
RALEIGH (Winston-Salem Journal) - The N.C. House took a major step yesterday toward approving a state budget plan that would cut spending across state government and raise taxes by nearly $800 million.
The House voted 64-52 to incorporate the tax increases into a proposed spending bill for the budget year that will begin July 1. The vote, which came after hours of sharp debate, was along party lines, with Democrats supporting the tax increases and Republicans opposing them.
The vote clears the way for approval of the full budget plan, likely to come early Saturday morning. Once that happens, House leaders will begin discussions with leaders of the N.C. Senate to reconcile differences between the two chambers' budget plans.
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The House voted 64-52 to incorporate the tax increases into a proposed spending bill for the budget year that will begin July 1. The vote, which came after hours of sharp debate, was along party lines, with Democrats supporting the tax increases and Republicans opposing them.
The vote clears the way for approval of the full budget plan, likely to come early Saturday morning. Once that happens, House leaders will begin discussions with leaders of the N.C. Senate to reconcile differences between the two chambers' budget plans.
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posted by BP News Bureau | 12:06 PM
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