October 10, 2014

Politico: Fact Checking the NC Senate Race

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Meg Wiehe, state tax policy director for the Institute on Taxation and Economic Policy, said that, based only on the income tax portion of the changes, about 35 percent of North Carolinians would see a tax increase, another 16 percent would see no change, and roughly 49 percent would get a tax cut. Once you factor in the sales tax increases included in the plan, Wiehe says, “it’s safe to say a majority of taxpayers will pay more under this plan.” But not 80 percent.





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