Lazy? Addicted? my daughter's experience - mini study of who we are throwing under the bus

[Divernan]

4. Tax breaks on jets/yachts cost No.Car. $10 million/yr. in lost revenue

All hail the One Percenters. God knows North Carolina does!

"Chiropractors are losing a sales tax break that may increase the cost of vitamins and other nutritional supplements for their patients. Newspapers would have to charge sales tax to subscribers or those who buy from vending machines. And sales tax holidays for school supplies and energy-efficient appliances would disappear."

But still on the books is a $1,500 cap on the sales tax for a yacht or a jet, a provision that costs the state $10 million a year in lost revenue. Beer, liquor and tobacco distributors would keep their rebates worth a combined $12 million annually for collecting taxes from their customers on behalf of the state. Country clubs and other recreational nonprofits keep their exemption from the corporate income tax, a tax break worth a combined $600,000 a year

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Read more here: http://www.newsobserver.com/2013/07/18/3039363/nc-tax-bill-closes-some-loopholes.html#storylink=cpy