North Carolina GOP Seeks Even More Regressive State Tax Burden Than Current Law

North Carolina GOP Seeks Even More Regressive State Tax Burden Than Current Law: North Carolina lawmakers are seeking to shift much of the state’s tax burden off its wealthiest citizens and most profitable businesses and onto its low- and middle-income residents. After initially proposing to eliminate the state’s income tax outright, Republicans are instead introducing a flat income tax rate across all earning levels. The proposal unveiled Thursday [...]/p