Wilmington HotelsWilmington AdvertiseWilmington AttractionsWilmington BeachesWilmington Business DirectoryWilmingtonWilmingtonWilmington GolfWilmington JobsWilmington NewsWilmington DiningWilmington Weather
     

 

 

Wilmington, NC News

  Free Wilmington Travel Guide!

NC officials say state is owed more than $500M

Video

Body

CHARLOTTE — North Carolina officials say the state is owed more than $500 million in unpaid taxes that could help cover a record $2 billion revenue shortfall.

The Charlotte Observer reported Tuesday that a Department of Revenue listing showed $505 million in taxes were owed at the end of February.

The unpaid taxes are more glaring because the state budget already includes some $930 million in cuts and $177 million in delayed capital projects.

Officials say the state is collecting about $144 million by garnishing paychecks and that about $100 million is being collected through payment plans.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

Story image

Story summary

North Carolina officials say the state is owed more than $500 million in unpaid taxes that could help cover a record $2 billion revenue shortfall.

Story summary image

Associated poll

More: continued here

Be Sociable, Share!
 

Archives

News provided by WWAY NewsChannel 3 and the StarNewsOnline

|Home| |Events| |Attractions| |Accommodations| |Restaurants| |Golf| |Beaches| |Jobs| |Getting Here| |Climate| |Directory| |News| |Advertise| |Contact Us|

 
 
  Welcome to Wilmington, North Carolina