NC Senate leader wants lower income tax rates

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by The Associated Press

WCNC.com

Posted on January 16, 2013 at 2:16 PM

RALEIGH, N.C. (AP) -- North Carolina Senate leader Phil Berger says he thinks an overhaul of the state tax system will happen this year and he will try to make income tax rates as low as possible -- maybe even zero.  

The Eden Republican told reporters Wednesday that senators are considering a proposal to eliminate individual and corporate income taxes and shift to a consumption-based tax system that includes more services under the sales tax. Berger said the proposal also would make groceries subject to the sales tax again.  

Berger says the final version will be worked out with the House and Gov. Pat McCrory. McCrory has said he wants at least income tax rates to drop to the rates of neighboring states.

 

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