Proposed income tax cap in NC constitution moves forward in Senate committee
Story Date: 3/9/2017

 

Source: Colin Campbell, NEWS & OBSERVER, 3/9/17


An N.C. Senate committee on Wednesday backed a constitutional referendum to prevent legislators from raising personal income taxes in the future. 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 would be held during the November 2018 election.

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