by Roy Cordato
John Locke Foundation
January 16, 2014
The average North Carolina household in every income category received a tax cut from the 2013 tax reform. If one takes into account the full effect of tax changes made since 2011, all the result of conservative legislative action, the lowest income earners will save $157 million in 2015. The savings for all households earning less than $50,000 comes to almost $350 million. The savings to all lower- and middle-income households in North Carolina earning less than $100,000 a year is more than $682 million. The 2011 sales tax cut, opposed by Democrats, resulted in middle- and lower-income families receiving more than twice as much in tax relief as those earning more than $100,000 a year. Considering both 2011 and 2013 tax changes, the average household in both the lowest and highest income categories is receiving a tax cut of about 1 percent of income.



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