NC tax cuts reduce revenue that could support families
New tax cuts go into effect next month in North Carolina, but critics say they are not making the state more affordable. Starting next year, the state will reduce the income tax rate from 4.25% to 3.99%, and the corporate income tax rate from 2.25% to 2%. Sally Hodges-Copple, public policy analyst with the North Carolina Budget and Tax Center, said the 1

