Economy

North Carolina tax delinquencies rise

This year, Bob Hupman has plenty of company.

The former Mebane town councilman owes the state of North Carolina $2.2 million in unpaid taxes. He tops a list of tax delinquents who owe the state $841 million - a 67 percent jump from a year ago.

The delinquencies exceed the $800 million shortfall N.C. lawmakers faced in passing the state's new $18.9 billion budget last month.

"I didn't realize it was that high," says Rep. Paul Luebke, a Durham Democrat who chairs the House Finance Committee. "It's definitely money that we could use."

The General Assembly's new budget slashed money and jobs across state government. More cuts could come in a few months if Congress doesn't deliver $519 million in federal Medicaid money.

Read the complete story at charlotteobserver.com

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