The tax deal authored by Gov. McCrory and legislative leaders may be on the way to becoming law, but it is being greeted with great skepticism by folks in the know.
“This is not reform. This is not revising the tax code to plug holes and ensure fairness and create a system whereby there is reliable revenue from one year to the next. This is simply cutting taxes for the people most able to pay them and pandering to the business lobby. The governor also continues to hype the notion that, by cutting taxes,North Carolina will signal it is “open for business” and be more competitive with neighboring states.”