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Sunday, March 22, 2009

Drinks & Taxes 2009 v10: North Carolina

North Carolina Gov. Beverly Perdue's first budget calls for the cutting of 1,000 state jobs and new taxes to help close a $3.4 Billion budget gap.

Part of the tax proposal is a boost to alcohol duties in the Tar Heel state. Gov. Perdue wants to add a 5 percent tax surcharge on alcohol.

North Carolina is just the latest state to target beer, wine and spirits for higher taxes. The move comes at a time when many bars and restaurants are seeing declines in business because of the recession. Gov. Perdue came under fire earlier this year when she announced plans to divert North Carolina Lottery funds earmarked for education to other purposes.

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