McCrory Touts New Tax Overhaul
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North Carolina Governor Pat McCrory Tuesday chose national tax day to tout the benefits of an overhaul of the state income tax system he signed into law in July.
The governor’s office said the change simplifies and reduces the personal income tax rate from the previous maximum rate of 7.75 percent and minimum rate of 6 percent to 5.8 percent in 2014 and 5.75 percent in 2015.
The corporate tax rate was also reduced.
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