If you listened to Governor McCrory’s press event on Tuesday, you might be a little confused about the tax plan that pasted last year and what it means for our state.
Tax reform should be about modernizing the tax code in a way that ensures the system can continue to serve its fundamental purpose: providing enough revenue to support core public services. It should also be ensure greater revenue stability while not asking more from low- and middle income taxpayers as a share of their income than from wealthy taxpayers. But all three of these principles of a sound tax system will be compromised under the tax plan passed last year.
Here are half dozen things that you should know that you didn’t hear at Governor McCrory’s press event: Read More