McCrory still undecided on tax reform details

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Submitted: Fri, 01/25/2013 - 3:28am
Updated: Fri, 01/25/2013 - 3:28am

RALEIGH, N.C. (AP) – North Carolina Gov. Pat McCrory says he’s still working through what tax reform plan he’ll support and hasn’t slammed the door on trying to eliminate the state’s income tax.

McCrory told reporters Thursday after a speech to North Carolina municipal leaders in Raleigh his administration is examining several tax overhaul options, but he hasn’t decided which one he’ll choose.

The new governor said during the 2012 campaign he’d like to see corporate and individual income tax rates fall to levels competitive with neighboring states. He said Thursday the idea of eliminating those taxes remains on the table but he’s got to be realistic about what can be implemented.

McCrory’s top budget adviser on Wednesday said he personally had “great concerns” about a pitch by Senate Republicans to abolish income taxes.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

1 Comment

  • Vog46 says:

    If McCrory’s sales tax “expansion” will include internet sales?
    This is a HUGE sum of monies in my mind and SHOULD be included in any expansion of the sales tax.
    Well if the sales tax is increased but internet is left off the small local stores that CREATE jobs will be punished by having higher prices on their goods.
    And – take a company like Toys R Us. NJ Based. Their physical stores collect NC taxes here in state – but their internet division won’t???????
    See the disparity?

    Show some guts Pat……..


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