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Senate Majority Leader Harry Brown (R-Onslow) introduced legislation on Monday to reform the state sales tax system. The state levies a 4.75 percent sales tax, while counties levy an additional two percent. The two percent is the focus of the bill, and is currently composed of three different...
Published: Thursday, March 26th, 2015 @ 3:14 am
By: John Locke Foundation
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Earlier this month, the NC House introduced the "NC Competes Act," a bill that would expand the state's Job Development Investment Grant program (JDIG), and extend targeted tax breaks for datacenters and a major passenger airline. Yesterday, the Senate introduced two bills designed as an...
Published: Sunday, March 22nd, 2015 @ 12:59 am
By: Civitas Insitute
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Proving yet again that corporate welfare is a bipartisan problem, four Republican legislators last week introduced House Bill 117, NC Competes Act. The primary sponsors of the bill are Reps. Susan Martin (R-Wilson), Charles Jeter (R-Mecklenburg), Jeff Collins (R-Nash) and Bob Steinburg...
Published: Tuesday, March 3rd, 2015 @ 7:43 pm
By: Civitas Insitute
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