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The North Carolina Department of Revenue was created in 1921 by the North Carolina General Assembly. The department is headed by a Secretary that is appointed by the Governor. The secretary is a member of the North Carolina Cabinet. Currently, the department is responsible for administering the collection of the North Carolina state income tax ...
The North Carolina State Treasurer is a statewide elected office in the U.S. state of North Carolina responsible for overseeing the financial operations of state government. The current state treasurer is Dale Folwell. The office of state treasurer has existed since 1715 in the Province of North Carolina; at that time, the treasurer was ...
Law and Justice Building, Raleigh. The government of North Carolina is divided into three branches: executive, legislative, and judicial. These consist of the Council of State (led by the Governor), the bicameral legislature (called the General Assembly), and the state court system (headed by the North Carolina Supreme Court).
Economy of North Carolina. In 2019, North Carolina's total gross state product was around $591 billion. According to the Bureau of Economic Analysis, the state's 2010 total gross state product was $424.9 billion, making it the ninth wealthiest state in terms of gross domestic product. [1] Its 2007 per capita personal income was $33,735, placing ...
Mississippi's income tax was held to apply to corporations in 1921; North Carolina, modernisation of existing individual and institution of corporate taxes, from 1921; South Carolina, individual and corporate, from 1921 or 1922; New Hampshire, "intangibles" (restricted to interest and dividends), from 1923;
North Carolina is an vital part of that plan," Trump campaign spokesperson Karoline Leavitt said in a statement. ... Fact check: Project 2025, not Trump, has proposed raising taxes for people who ...
The state auditor of North Carolina is a statewide elected office in the U.S. state of North Carolina. The state auditor is a constitutional officer responsible for overseeing and reviewing the financial accounts of all state government agencies. The auditor also conducts performance audits of state agencies, ensures state agencies' accounting ...
North Carolina has a state-levied sales tax of 4.75%, effective July 1, 2011, with most counties adding a 2% tax, for a total tax of 6.75% in 51 of the 100 counties. Mecklenburg and Wake counties levy an additional 0.5% tax, which is directed towards funding the light rail system, for a total of 7.25% and the total sales tax in 45 other ...
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