Finance & Revenue
What is happening? North Carolina Democrats are proposing a gas tax rebate utilizing surplus state revenue.
Why is this important? North Carolina has a revenue surplus and wants to return tax dollars during this high gas price time. North Carolinians would receive a debit card with the rebate funds.
How will this be important? The tax rebate would cost $1.3 billion.
AP | North Carolina Senate Democrats pitch $200 ‘gas tax rebate’
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