Tax Cuts

Republicans Roll Out NC Tax Cut Plans

Mar 16, 2017

RALEIGH, N.C. — Republicans at the North Carolina legislature have started rolling out their tax cut ideas, and Senate finance chiefs offered more income tax rate reductions and other breaks they estimate would save the public about $1 billion over two years.

The Senate plan, along with a plan filed quietly earlier this week by House Republicans that would cost about $380 million through mid-2019, would build on the GOP tax overhaul laws that began in 2013.