Special Edition of the NCGA Week in Review

May 8, 2013

Pardon Our Dust

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Yesterday President Pro Tempore of the NC Senate, Senator Phil Berger announced the beginning of the Senate’s plan for an overhaul of the state’s tax code. If passed, this would be the first reform of the tax code since the 1930s. The actual language of the proposed legislation is expected to be released in the two weeks.

 
Visit www.nctaxcut.com in order to read more about the NC Tax Fairness Act.
 
 
CAROLINA JOURNAL TV: Senate leaders unveil plan to cut N.C. taxes by $1 billion over three years
Senators Berger, Rabon, and Rucho discuss the Senate’s tax reform plan at the May 7th, 2013 media briefing.

 

WINSTON-SALEM JOURNAL: Senate plan would expand sales tax, lower North Carolina rates
Senate Republicans rolled out Monday evening the frame of their tax overhaul plan for North Carolina that they say will cut income tax rates while expanding the scope of the sales tax. 

 
 
NEWS & OBSERVER: Senate GOP debuts far-reaching tax overhaul
A far-reaching plan proposed by Republicans in the state Senate would slow government spending and affect the wallet of every North Carolinian as it slashes income tax rates and raises the cost of food, prescription drugs and more than 100 tax-exempt services.

Please contact the Raleigh McGuireWoods Consulting team if you have any questions or comments:

 
Harry Kaplan, Senior Vice-President
 
Jeff Barnhart, Senior Vice-President
 
Franklin Freeman, Senior Vice-President
 
John Merritt, Senior Vice-President
 
Johnny Tillett, Senior Vice-President
 
Rita Harris, Vice-President
 
Bo Heath, Vice-President
 
Kerri Burke, Assistant Vice-President
 
Sarah Wolfe, Research Assistant
 
Katy Feinberg, Strategic Communications