NC Budget and Tax Center

Not all taxpayers would benefit under Joint Tax Plan

Proponents of the Joint Tax Plan claim that all taxpayers will benefit from cutting the personal income tax rate. During debate on the tax plan on yesterday, opponents highlighted analysis provided by Fiscal Research that confirmed that some taxpayers would indeed see their income taxes increase under the tax plan. Below are additional examples of taxpayers who would see their income taxes increase.



Check Also

Latest revenue forecast shows state’s economy only in line with national recovery

Even though North Carolina has collected more money ...