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Source: Laura Leslie, WRAL, 6/9/21
State senators on Wednesday approved a measure to cut personal and corporate income taxes and other business taxes by more than $2 billion over the next two years. Six Democrats joined Republicans in the 34-16 vote. "We have consistently collected more revenue from taxpayers than we need to operate a sound state government," said bill sponsor Sen. Paul Newton, R-Cabarrus. "This bill recognizes that and will allow taxpayers to keep more of their hard-earned money while keeping North Carolina on solid financial ground." For more of this story, click here.
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