Governor McCrory Releases Statement Regarding Recent Tax Reform Proposals

  • May 30, 2013 • Healthcare, • Jobs and the Economy

    Raleigh, NC– Governor Pat McCrory released the following statement this afternoon concerning the latest tax reform bills discussed in committee:

    “I believe the bipartisan plan set forth by Senators Fletcher Hartsell and Dan Clodfelter as well as Representative David Lewis’ bill are closest to my position.  After more than five months of serious dialogue with community, business and legislative leaders, we are on the cusp of tax reform.

    “My administration still needs to validate the numbers of each plan to ensure we have sufficient funds to serve the citizens of North Carolina.  

    “We all share the goals of reducing personal and corporate income taxes. But I cannot support a plan which turns too many North Carolinians into first-time tax collectors.  For instance, we do not want to require a young adult mowing lawns over the summer to collect taxes for his or her services.  

    “I am also opposed to taxing food and medicine.

    “Our ultimate goal is to reduce tax rates for North Carolina families and businesses. The final tax plan must make North Carolina more competitive in order to create jobs and put our people back to work. This in turn will increase state revenue, allowing future tax relief without cutting public services.”