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Economists predict modest North Carolina surplus, but warn more tax cuts will curb revenues

Summary by WWAY TV

RALEIGH, N.C. (AP) — North Carolina officials on Friday projected a modest revenue surplus this fiscal year, the result of stronger than anticipated economic conditions, but warned soon-implemented tax cuts should mean lower collections ahead, which could require tougher spending choices. Economists working in new Democratic Gov. Josh Stein’s administration and at the Republican-controlled General Assembly predict that state government collectio…

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The Transylvania Times

Economists predict modest NC surplus, but warn more tax cuts will curb revenues

North Carolina officials on Friday projected a modest revenue surplus this fiscal year, the result of stronger than anticipated economic conditions, but warned soon-implemented tax cuts should mean lower collections ahead, which could require tougher spending choices.

7 days ago

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Associated Press News

+3 Reposted by 3 other sources

Economists predict modest North Carolina surplus, but warn more tax cuts will curb revenues

North Carolina officials are projecting a modest revenue surplus this fiscal year but are warning that tax cuts already on the books and taking effect soon will mean lower collections

8 days ago·United States

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