7bac97e1_NC_headed____NC_Justice_Center__Area_of_Interest
[Bill Number] SB 394 No alternate bill number Action Alert [Summary] Shifts the tax load slightly to bottom 80% of taxpayers. Reduces personal, corporate and sales tax rates and adopts a flat income tax rate of 6%. Closes corporate loopholes and breaks and expands the base of the sales tax to services as well as limits the value of itemized deductions for higher wealth taxpayers. Does not include the EITC. [Rating] Legislation takes North Carolina in the wrong direction. [Area of Interest] 
Fiscal Policy: Taxes and Budgeting
Which direction is NC headed? | NC Justice Center