THE SHELBY INDEPENDENT

By Alan Wooten | The Center Square file image (The Center Square) – Taxpayers in North Carolina have new levels in three areas impacting everyday life. Arguably the most times transacted against least noticed will be at the gas pumps. Starting on New Year’s Day and running to Dec. 31, the motor fuels and alternative fuels excise tax rate is 41 cents per gallon or gallon equivalent, the state Department of Revenue says. Individual and corporate income tax rates are also droppi