Pope raises flags on NC Senate's tax overhaul idea

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by Associated Press

WCNC.com

Posted on January 23, 2013 at 5:51 PM

CHAPEL HILL, N.C. (AP) -- Gov. Pat McCrory's top budget officer says he has "great concerns" about an idea floated at the Legislature to eliminate North Carolina personal and corporate income taxes and apply the sales tax to many more services.  

Deputy Budget Director Art Pope spoke to reporters Wednesday at the University of North Carolina at Chapel Hill. He's part of a working group recommending ideas to the new governor on tax reform.  

Senate Republicans are discussing whether to propose ending state income taxes and expanding the sales tax.  

Pope says it's his personal opinion shifting the burden more to broad-based consumption taxes would be regressive and essentially double-tax older adults who paid income taxes and saved for retirement. 

McCrory's campaign platform focused on reducing income tax rates to those in neighboring states.
 

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