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Post by Logan on Jun 2, 2016 14:35:58 GMT -6
Just months after adding sales tax to car repairs and other services, the state Senate wants to again change what services are taxed – a move that’s expected to add up to $80 million in revenue. Senate leaders say the proposed tax change would address confusion about what services require a sales tax. Under the legislation that took effect in March, whether a service is taxed largely depends on whether the firm performing the service is also selling materials. That means a service – unclogging a toilet, for example – is subject to sales tax with a company whose business is mostly sales but exempt if a customer hires someone who only does the service. The goal was to help businesses that hadn’t previously collected sales taxes, but some complained of an unfair system. Under the Senate budget provision, sales tax would apply to repair, maintenance and installation services regardless of what type of business is involved. The Senate is scheduled to vote on the full budget bill Thursday; the House budget does not include a similar provision. Read more here: www.charlotteobserver.com/news/politics-government/article81324237.htmlNobody likes taxes, but if a the Legislature does decide to levy a tax then it should be as equitable as possible so that it does not appear as though the government is playing favorites. Considering the need for increased spending in multiple areas the additional tax revenue should be helpful.
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Post by Logan on Jun 2, 2016 15:12:04 GMT -6
Senate budget has much in store for UNCCHAPEL HILL – For the UNC system, the N.C. Senate’s draft of the state’s fiscal 2016-17 has some wins, some losses and a couple of big wild cards. On the plus side, the draft released Tuesday evening signaled a further retreat from an existing legal mandate ordering the system to force some qualified, would-be freshmen to first get a degree from the N.C. Community Colleges, starting in the fall of 2017. Instead of going through with that, Senate budget writers propose allowing UNC to set graduation-rate goals for each of its universities and to pursue “a variety of strategies” for meeting them. The idea appears to grow out of behind-the-scenes talks between legislators and system President Margaret Spellings, and largely squares with what Spellings told the Board of Governors was likely to emerge from them. Read more: www.heraldsun.com/news/senate-budget-has-much-in-store-for-unc/article_64c7466a-284a-11e6-8e15-835b0910cb0f.html
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Post by Logan on Jun 2, 2016 15:19:42 GMT -6
Senate budget proposal headed for approvalRALEIGH — The N.C. Senate’s $22.2 billion budget proposal is on a fast track to passage, giving legislators time to negotiate with the N.C. House over a final spending bill. The plan, released late Tuesday night, went through the committee process Wednesday without much debate and is scheduled to go to the full Senate today. There are a number of important differences between the House and Senate budget plans. If both chambers want to end the current short session by their proclaimed target of July 4, they will have about a month to come to an agreement. Among the highlights of the Senate plan: Read more: www.greensboro.com/news/local_news/senate-budget-proposal-headed-for-approval/article_77a2938c-7104-5e01-a1bd-d3cd0dd97a7c.html
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Post by Logan on Jun 2, 2016 23:53:20 GMT -6
Democrats blast Senate budget’s employee pay, school vouchers before 33-15 voteDemocrats sought unsuccessfully Thursday to add bigger raises for state employees and retirees and to cut private school vouchers from the Senate budget before it passed 33-15 along party lines. The Senate’s $22.2 billion budget features a faster income tax cut, bigger teacher raises and smaller state-employee raises than the spending plan the House approved last month. A final Senate vote was held at 12:05 a.m. Friday – with a 26-13 tally due to absences – and now the House and Senate will begin budget negotiations. Democrats said the budget puts too much in the state’s rainy day fund – $583 million – instead of providing 2 percent raises for state employees and a cost-of-living increase for retirees. The House budget includes a 1.6 percent increase for retired state workers. Sen. Joyce Waddell, a Mecklenburg County Democrat, noted that retirees haven’t received an increase since 2009. Read more here: www.newsobserver.com/news/politics-government/state-politics/article81434167.html
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