As lawmakers work to change the state’s tax code, there has been renewed discussion of who pays taxes in North Carolina. Creative storytelling by legislators won’t change what we already know: every household in North Carolina pays taxes.
We’ve been doing a lot of myth busting around tax reform, including a point made earlier today by a legislator on the House floor. This member claimed that all taxpayers would be better off under this plan compared to the current tax code. This would be great news because currently low- and middle-income families pay a greater share of their incomes in state and local taxes compared to high-income families. But again, the facts just don’t support the member’s claim.
The chart below shows Read more