A thumbs up for major business tax cut in Senate
Story Date: 5/17/2019

 

Source: Travis Fain, WRAL, 5/16/19

 
A divided Senate voted Thursday to roll back a state business tax after back and forth between Republicans and Democrats on the efficacy of trickle-down economics. Republicans, with the stronger numbers, won out on the bill, 26-19. A single Democrat joined them: Sen. Paul Lowe, D-Forsyth. Lowe said he was swayed by a Wednesday addition to the legislation that would give Reynolds American, one of the largest employers in his district, a $4 million tax cut.

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