North Carolina Budget and Tax Center: North Carolina’s “Tax Swap” Gives Biggest Breaks to the Wealthiest, Undermines Public Investments for All
ITEP Work in Action“Efforts to rely more on the state sales tax and less on the income tax to support public services have shifted tax obligations to less affluent North Carolinians, while saving the wealthiest the most money, and reduced resources available for public investments that build a strong economy.”