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.comGeorge Hartzman
Tax Preparation, Contrarian Financial Consulting, Investment, College & Estate Planning, Debt, Property & Business Consigliere Advisory, Healthcare, Home, Auto & Business Assurance Consulting
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?
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