RALEIGH -- The House and Senate are getting back to work on whether they can agree to an overhaul of North Carolina's tax structure next year.
Members of the finance committees in both chambers scheduled to hold a joint meeting Tuesday.
Democratic leaders at the General Assembly worked unsuccessfully during this year's legislative session to fashion a plan to lower tax rates and increase the number of items subject to taxation.
Instead, they raised about $1 billion in new taxes to close a new revenue gap.
Proponents of sales tax changes contend an overhaul would ultimately tap into North Carolina's shifting service-oriented economy.
An agreement isn't immediately on the horizon. Lawmakers will hear presentations Tuesday on the history of the sales tax and current exemptions.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
i have faith thay will find
i have faith thay will find away to screwe us!!
Watch how this plays out
By the time the Democrats are done, the rates will stay where they are but tons of new services will be taxed.
That's ALL they know...tax, give it to deadbeats in exchange for votes, raise taxes, increase the cash they give the deadbeats, raise taxes yet again...