SB 75 - Establishes a 7 Percent Cap on State Income Tax - North Carolina Key Vote

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Title: Establishes a 7 Percent Cap on State Income Tax

Vote Smart's Synopsis:

Vote to concur with House amendments and pass a bill that that submits a constitutional amendment to the voters that establishes a cap of 7 percent on income tax rates.

Highlights:

 

  • Establishes the income tax rate at 7 percent (Sec. 1).

  • Authorizes personal exemptions and deductions (Sec. 1).

  • Requires that this constitutional amendment be submitted to the public at the general election on November 6, 2018 (Sec. 2).

See How Your Politicians Voted

Title: Establishes a 7 Percent Cap on State Income Tax

Vote Smart's Synopsis:

Vote to pass with amendment a bill that submits a constitutional amendment to the voters that establishes a cap of 7 percent on income tax rates.

Highlights:

 

  • Establishes the income tax rate at 7 percent (Sec. 1).

  • Authorizes personal exemptions and deductions (Sec. 1).

  • Requires that this constitutional amendment be submitted to the public at the general election on November 6, 2018 (Sec. 2).

Title: Establishes a 7 Percent Cap on State Income Tax

Title: Establishes a 7 Percent Cap on State Income Tax

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