Today the Senate Finance Committee took another crack at their tax reform effort, approving a new version of tax reform legislation. Notable elements of the new plan ... Keep Reading
taxes
McCrory’s Office Offers “Analysis” of Tax Reform
According to this N&O article, Gov. McCrory's office has weighed in this week on the tax reform negotiations. Labeling it an "analysis," McCrory's office outlined details of an ... Keep Reading
Getting the Facts Straight on Taxation of Social Security Income Under Senate Tax Plan
The N&O and Char-O published an article today discussing the possibility of Social Security income being taxed, as included in the Senate tax plan. The article piggy-backs on a ... Keep Reading
Senate Cancels Final Vote on Tax Bill; Seeks Compromise with House
The NC Senate had a third and final vote for their tax reform plan on the calendar for yesterday's session, but it was removed by Sen. President Phil Berger shortly before the ... Keep Reading
Who Pays NC State Income Taxes?
With tax reform debates in full swing here in NC, the predictable left-wing spin is that anything that drifts from the status quo would result in a "big tax break for the rich at ... Keep Reading
House Approves Tax Reform Plan, Now Its the Senate’s Turn
The North Carolina House yesterday approved its tax reform plan. Now it is the Senate's turn. The Tax Foundation provides an excellent rundown of the two plans ... Keep Reading
A Brief History of NC’s “Food Tax”
One of the oft-cited criticisms of the NC Senate's tax reform plan is that it would extend the state sales tax to groceries. Observers may be interested, however, in learning more ... Keep Reading
NC House Moves Closer to Approving Tax Reform Plan
Yesterday the House Finance Committee approved the House's version of tax reform, the legislation may move to a vote of the full House as early as tomorrow. The N&O provides ... Keep Reading
“Tax-Me-More” Bill Passes House Committee
A bill that would allow state taxpayers to make additional payments to state government won approval by a House Committee yesterday and now moves the House floor. Per WRAL: The ... Keep Reading
NC’s Sales Tax Code Riddled With Loopholes
Dan Kane of the N&O writes an excellent piece detailing North Carolina's complicated sales tax - a tax code riddled with special rates and exemptions granted to certain ... Keep Reading
