– Leah Byers State Treasurer Dale Folwell announced today that North Carolina received AAA bond ratings from all three major bond rating agencies. North Carolina is ... Keep Reading
tax cap
General Assembly Approves 7% Income Tax Cap Amendment, Voters to Decide in November
-Leah Byers An amendment to the North Carolina Constitution to lower the cap on the income tax rate to 7 percent will be on the ballot this November. The amendment originally ... Keep Reading
A Deeper Look at Support for Tax Cap Amendment
--Leah Byers Today, the House Finance Committee changed the proposed constitutional amendment to lower the state’s income tax rate cap. The new version of Senate Bill 75 would ... Keep Reading
More Reasons Why a Constitutional Tax Cap is Needed
As legislators decide the fate of a bill that would put up for a vote this fall a change to the state constitution lowering the cap on the income tax rate from 10% to 5.5%, one of ... Keep Reading
NC Would Not Be Alone With a Constitutional Tax Limit
This week, the House will likely consider Senate Bill 75, a constitutional amendment to lower the state’s income tax rate cap to 5.5 percent. North Carolina’s constitution already ... Keep Reading
Myths About the Tax Cap Amendment
A bill that would change the state constitution to lower the cap on the income tax rate is scheduled for consideration by the House Rules committee today. Senate Bill 75, which was ... Keep Reading
NC Drivers Could Use Some Relief at the Pump
Per this N&O article, some NC lawmakers are considering once again placing a cap on the state's gas tax. Because a portion of the gas tax is based upon the average wholesale ... Keep Reading
