Proposed income tax cap amendment advances in House
Story Date: 6/21/2018

 

Source: Travis Fain, WRAL, 6/20/18

Republican legislators moved a proposed constitutional amendment to cap state income taxes at 5.5 percent through committee Wednesday over objections from Democrats who said the bill would handcuff future General Assemblies.
When recession hits, it's going to mean budget cuts and sales tax increases that hit the poor hardest, critics warned.

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