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NC Budget Boosts Pay, Cuts, and Taxes | Wilmington News
North Carolina just got a major budget boost—Governor Josh Stein signed a historic new state budget packed with raises, bonuses, and tax cuts. State workers could see pay hikes from 10% to 17.7%, plus cash bonuses: $1,750 for law enforcement and low-income workers, $1,000 for higher earners. Teachers get their biggest raise since 2006—8% average—with extra bonuses for veteran educators. Personal income tax drops from 3.99% to 3.49%, with a potential future cut to 2.49% by 2034 if revenue goals are met. The budget also allocates $151 million for Hurricane Helene recovery and $10 million for…
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