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Personal income tax rates would be slashed and the corporate tax rate entirely eliminated by 2028 under a proposal rolled out on Tuesday, May 25, by N.C. Senate Republicans.
Published: Wednesday, June 2nd, 2021 @ 8:15 am
By: Carolina Journal
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Legislators and policy advocates debated Tuesday in Gastonia over a proposed constitutional amendment which would lower the cap on state income tax rates from 10 to 7 percent
Published: Sunday, October 21st, 2018 @ 1:03 am
By: John Locke Foundation
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It's doubtful that many of you readers would recommend raising income tax rates by 90 percent to help communities coping with the impact of Hurricane Florence
Published: Wednesday, September 26th, 2018 @ 3:19 am
By: John Locke Foundation
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It's wrong to suggest a proposed state constitutional amendment would block North Carolina from adopting a system of graduated tax rates
Published: Monday, August 27th, 2018 @ 2:00 pm
By: John Locke Foundation
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Gov. Roy Cooper unveiled a $24.5 billion state General Fund budget for 2018-19 that freezes scheduled drops in corporate and some personal income tax rates
Published: Monday, May 14th, 2018 @ 9:19 am
By: John Locke Foundation
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Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
Published: Wednesday, March 28th, 2018 @ 3:21 pm
By: John Locke Foundation
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Stark differences in conservative Republican and liberal Democratic fiscal priorities were clearly on display during a Senate Finance Committee meeting Wednesday at which a $1 billion tax cut package was approved by voice vote
Published: Tuesday, April 4th, 2017 @ 4:03 am
By: John Locke Foundation
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"North Carolina's recent, major changes in economic policy have resulted, thus far, in sizable increases in economic growth, employment, and salaries, and reductions in unemployment rates."
Published: Wednesday, October 12th, 2016 @ 2:07 am
By: Civitas Insitute
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The North Carolina Senate has approved a Taxpayer Protection Act by the required three-fifths vote. The measure approves amending the North Carolina Constitution to place caps on income-tax rates and spending growth while requiring lawmakers to set aside money in a rainy-day fund to guard against...
Published: Saturday, August 22nd, 2015 @ 3:35 am
By: John Locke Foundation
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Last year's state tax reform lowered income tax rates for all working North Carolinians.
Published: Wednesday, July 16th, 2014 @ 11:44 pm
By: Civitas Insitute
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Progressive protesters, including "Moral Monday" demonstrators, have for roughly the past year voiced their opposition to a supposed state "tax increase" passed last year. Specifically, they gripe that the landmark 2013 North Carolina tax reform - which lowered income tax rates on all income...
Published: Saturday, June 7th, 2014 @ 8:10 am
By: Civitas Insitute
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The North Carolina House has officially approved its tax-reform bill. It would create a 5.9 percent flat income tax -- replacing the current rates...
Published: Thursday, June 13th, 2013 @ 12:12 pm
By: John Locke Foundation
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Senate leaders used a Tuesday press conference to announce their long-awaited tax proposal, a proposal that would lower personal and corporate income tax...
Published: Wednesday, May 8th, 2013 @ 9:28 pm
By: John Locke Foundation
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Lawmakers agree they want to lower personal and corporate income tax rates while expanding the tax base to include a wider range of sales and service taxes, but the devil is in tax reform details.
Published: Thursday, May 2nd, 2013 @ 11:42 pm
By: Tom Campbell
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Don't count me among those who think President Obama and Congress will spend the next month locked in a death struggle over marginal income tax rates.
Published: Saturday, December 1st, 2012 @ 2:22 pm
By: John Locke Foundation
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While the national Democratic ticket is enjoying a modest lift in the polls after the convention in Charlotte, the party's gubernatorial nominee, Walter Dalton, remains significantly behind Republican Pat McCrory.
Published: Wednesday, September 19th, 2012 @ 11:31 pm
By: John Locke Foundation
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