The Charlotte Observer: Raleigh’s “Help” Does More Harm

This at a time when a January report from the Institute on Taxation and Economic Policy showed state and local taxes take up 9.2 percent of total income for North Carolina’s poorest families. It nibbles 5.3 percent of our richest families’ income.

Of course, there’s so much tax policy infighting among GOP lawmakers that it’s hard to say if Saine’s bill goes anywhere. Saine, a Republican from Lincolnton, says he filed it as a “placeholder,” to preserve the option while the House and Senate merge their conflicting visions on taxation and economic development.

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