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 <title>newsobserver.com projects - court fees - Comments</title>
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 <title>Re: Budget highlights</title>
 <link>http://projects.newsobserver.com/blogs/budget_highlights#comment-1041</link>
 <description>&lt;p&gt;Spending in this budget will increase almost 10%, well over the increase in population and inflation&lt;/p&gt;</description>
 <pubDate>Sun, 29 Jul 2007 19:14:57 -0400</pubDate>
 <dc:creator>DallasWoodho</dc:creator>
 <guid isPermaLink="false">comment 1041 at http://projects.newsobserver.com</guid>
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 <title>Re: Budget highlights</title>
 <link>http://projects.newsobserver.com/blogs/budget_highlights#comment-1037</link>
 <description>&lt;p&gt;INCOME TAX: Those in the top income tax bracket fared better. They were hit with a half-percentage point increase in 2001, which also was cut in half last year. The budget allows that tax to expire at the end of the year, putting the tax rate for upper income earners at 7.75 percent.&lt;br /&gt;
EARNED INCOME TAX CREDIT: Meanwhile, the working poor will receive an earned income tax credit worth $45 million that allows for some recipients to receive more in a tax break than they would pay in income tax, but the break would not exceed their overall tax burden.&lt;/p&gt;
&lt;p&gt;----&lt;/p&gt;
&lt;p&gt;Once again, the greater majority of NC residents, the middle class, pick up the tab for all.&lt;/p&gt;</description>
 <pubDate>Sun, 29 Jul 2007 10:07:35 -0400</pubDate>
 <dc:creator>nancync</dc:creator>
 <guid isPermaLink="false">comment 1037 at http://projects.newsobserver.com</guid>
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