New $200 Minimum Franchise Tax for NC

[JohnH]

Just noticed when filing an extension that NC Dept of Revenue has upped the minimum Franchise Tax for all corporations from $35 to $200. 

Hope they use that extra cash wisely. 

[Lee B]

Oregon upped the minimum from $ 10 to $150 4 or 5 years ago.

[Terry D EA]

I doubt they will use any cash wisely. NC is taxing us to death. I think they are trying to be number 1 with the most taxes in the Country. Look out MA we're taking over. However, ALL State employees, especially teachers, are at the bottom of the list Nationally in pay scale. Now that's what I call striking a balance.