The nonpartisan Institute on Taxation and Economic Policy estimates that the new North Carolina tax plan will cost the state over $1 billion this fiscal year compared to the past one. “That’s about equivalent to the entire community college budget,” said Tazra Mitchell, a budget analyst at the Justice Center. “So that’s not a small chunk of change.”
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June 11, 2026
State Rundown 6/11: Taxing the Rich Heats Up
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North Carolina
