With dozens of veterans looking on in the House Gallery, the North Carolina House of Representatives voted 100-5 on Wednesday to approve bipartisan legislation to eliminate the state income tax on military retirement pay.
Published: Thursday, June 24th, 2021 @ 12:19 am
By: Stan Deatherage
|
Today, the House Finance Committee gave a favorable report to bipartisan legislation (House Bill 83) that will eliminate the state income tax on military retirement pay.
Published: Sunday, April 4th, 2021 @ 11:45 pm
By: Stan Deatherage
|
A childless married couple with $1 million in income stands to save $2,577 on its N.C. income tax bill thanks to changes that will take effect in 2019.
Published: Thursday, September 27th, 2018 @ 2:27 am
By: John Locke Foundation
|
Four years ago the State Statute required re-evaluation across NC. Our local tax office here in Beaufort County honestly told them the real estate bubble had burst and prices were going down rather than up.
Published: Sunday, April 20th, 2014 @ 12:52 pm
By: Gene Scarborough
|
When I walked in the door, I could tell something was up with the owner of a small business I frequent. We talk about current events and politics when I stop by...
Published: Tuesday, May 7th, 2013 @ 7:16 pm
By: John Locke Foundation
|
There is one talking point that has become the go-to objection to eliminating North Carolina's state income taxes and replacing the revenue by expanding the sales tax: "This will shift the tax burden from the rich and onto the backs of the poor!"
Published: Monday, February 11th, 2013 @ 6:34 pm
By: Civitas Insitute
|
Now that state legislators have returned to work, one of their most important jobs is to approve a new state budget by July 1.
Published: Friday, February 1st, 2013 @ 12:17 pm
By: John Locke Foundation
|
North Carolina's state income tax penalizes people's income-generating activities by reducing the rewards to work, saving, investment, and entrepreneurship.
Published: Tuesday, August 14th, 2012 @ 1:56 pm
By: John Locke Foundation
|