7/19/10

Should North Carolina's tax revenues rise or fall as many small business owners run out of money to pay taxes and debt payments?

N.C. tax delinquents rise, adding to budget woes: They owe the state $841 million - a 67% jump from 2009…
 
…The $841 million exceeds the $505 million delinquents owed the state in March 2009.

Did state budget writers account for $336 million of unpaid taxes
in 2010/11's budget?


 
But due in part to budget cuts, the department has 17 vacancies in its collections division.
 
That represents 7 percent of the collections staff.
 
…More than a half-million individual and corporate taxpayers owe money.
 
…revenue officials have determined that $112 million of the $841 million is simply uncollectible.
 
Jim Morrill
charlotteobserver.com


George Hartzman

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