A North Carolina legislator who recently switched political parties is touting what she characterized as her new party’s
North Carolinians enjoyed a larger one-year cut between 2013 and 2014, when the state introduced a flat rate. efforts to deliver historic tax cuts.
So, should North Carolinians expect an imminent record-setting cut? That wasn’t a claim we saw in press releases about the budget from Republican Senate leader For people on the upper end of the range in 2013, the tax rate has been cut by 3 percentage points to today’s rate — far more than what is planned in the new budget., lawmakers enacted a flat personal income tax rate of 5.8% — a cut of 1.2 percentage points or more for those paying 7% and nearly 2 percentage points for those who paid a 7.75% rate in 2013.
PolitiFact NC reached out to Cotham for comment, but she didn’t respond. Responding on her behalf, Moore’s office referred to the 2030 goal and noted that the budget If we look at the budget’s plan for the next 10 years, the rate could drop 2.26 percentage points. That’s less than the 3-point drop some North Carolina taxpayers enjoyed between 2013 and 2023.
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