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Source: Colin Campbell, NEWS & OBSERVER, 2/14/17
N.C. Senate Republican leaders are trying again to cap personal income taxes by amending the state’s constitution. Filed Tuesday, Senate Bill 75 would ban lawmakers from raising the income tax rate higher than 5.5 percent – if voters approve the constitutional amendment in a ballot referendum, which will be held during the November 2018 election. For more of this story, click here.
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