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Wednesday, September 29, 2010

North Carolina's Top Tax Man Ken Lay Resigns Under Mysterious Circumstances

Former Charlotte Banker Ken Lay Resigns as N.C. Top Revenue Chief

Gov. Bev Perdue today announced the resignation of state Revenue Secretary Ken Lay and his replacement by outgoing Sen. David Hoyle of Gaston County.

The resignation of Lay, a former Charlotte banker, follows reports in Sunday’s News & Observer that the governor had signed off on a policy that made it harder for taxpayers who overpaid taxes to get refunds.

Perdue spokeswoman Chrissy Pearson said this afternoon the governor had never signed off on such a policy. But Pearson said it was time for “new leadership.”

Revenue officials face a backlog of tens of thousands of cases where taxpayers are owed money.

Pearson said Lay’s resignation takes effect Oct. 22.

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Sources: McClatchy Newspapers, WRAL, Google Maps

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