NC Holds on to 11th Best Business Tax Climate | Eastern NC Now

The Tax Foundation today released its annual Business Tax Climate Index for 2017.

ENCNow
    Publisher's note: This post, by Brian Balfour, was originally published in the ARTICLE SECTION section(s) of Civitas's online edition.

    The Tax Foundation today released its annual Business Tax Climate Index for 2017. North Carolina was on the verge of cracking the top ten - remaining in the 11th spot. The new ranking marks the third straight year NC is ranked 11th best in the nation.

    The lofty slot is a significant change from as recently as the 2014 ranking, in which NC was rated 41st (among the ten worst). That was before the state's major tax reforms passed in 2013.

    NC performed especially well in the corporate income tax and unemployment insurance tax categories, ranking 4th and 6th best, respectively.

    The improved business climate in NC has contributed to positive economic news, but unfortunately far too few even know about NC's tax cuts in recent years.
Go Back

HbAD0

Latest Op-Ed & Politics

massive data collection by license plate readers on highways and streets threaten freedom
“I’m from America, 250 years ago we were way bigger than 6/1 dogs, and look at us thriving now.” Justin Gaethje pulls off an all time sports upset.
There are many people who overlook the brilliance of the US Constitution. They argue that it is outdated and unfit to adequately govern such a modern nation as ours in the 21st century.

HbAD1

"I plan to keep his counsel close until our paths cross again," JD Vance said on Thursday.

HbAD2

On Tuesday, Democratic Gov. Josh Stein signed an executive order creating the bipartisan Health Care Affordability Commission that he said will look at ways to make healthcare more affordable for North Carolinians.
"Margo’s Got Money Troubles" explores how financial desperation drives women to OnlyFans. That’s not empowering. It’s exploitative.

HbAD3

“They have never managed anything like this before, and it’s like peanut butter and jelly sandwiches coming out the sides."

HbAD4

 
 
Back to Top