Wednesday, May 8, 2013
Fairness Coming for NC's Taxes?
North Carolina state Senators have unveiled their tax reform plan, known as the North Carolina Tax Fairness Act (complete with its own website). Generally, the plan seeks to cut income taxes and increase sales taxes. Senate Leader Phil Berger called it the "largest tax cut in state history." Additionally, the measure is already receiving support from key interest groups, such as the Republican Legislative Campaign Committee, who stated that the plan "will help every citizen of North Carolina while also protecting vital services," and that the group is "proud to support Chairman Berger and look[s] forward to North Carolina implementing tax reform that will create jobs and make the state more competitive."