Senate Republicans are pushing bills to reduce the state corporate income tax rate from 5 percent this year to 3 percent in 2017, and restructure the manner in which corporate taxes are calculated. The intent behind the legislation is to make the state more business-friendly and better able to...
Published: Monday, March 23rd, 2015 @ 10:29 pm
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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