Why should North Carolina modernize its tax code, and why should state lawmakers consider state income tax elimination? How would eliminating the state income tax benefit North Carolina’s economy? Check out this short video for answers to these questions….
There are many ways to structure our tax code, but let us not forget that the real task or problem is to raise revenue. Taxing is not the only way to raise necessary funds. Other states have found that their seaport can and do generate massive amounts of revenue and jobs. Currently neighboring states call ports their “NUMBER ONE ECONOMIC ENGINE”, with it draw to new industry and federal grants and financial support. We do have potentially the best “Gateway” port on our coast.