Senate conservatives passed the Constitutional Amendment freezing income tax rates at no higher rate than our current 5.5%, the lowest among North Carolina’s bordering states.
House members should jump aboard the tax cap, which is backed by 68% of voters.
Under Democrats, our tax rivaled New York‘s at over 8%. And our economy stagnated. But since reformers cut taxes, our economy has grown faster than the region and nation.
So give people a chance to vote on a Constitutional Amendment protecting us from tax happy politicians. Cap tax rates.