McCrory still undecided on tax reform details
RALEIGH, N.C. (AP) – North Carolina Gov. Pat McCrory says he’s still working through what tax reform plan he’ll support and hasn’t slammed the door on trying to eliminate the state’s income tax.
McCrory told reporters Thursday after a speech to North Carolina municipal leaders in Raleigh his administration is examining several tax overhaul options, but he hasn’t decided which one he’ll choose.
The new governor said during the 2012 campaign he’d like to see corporate and individual income tax rates fall to levels competitive with neighboring states. He said Thursday the idea of eliminating those taxes remains on the table but he’s got to be realistic about what can be implemented.
McCrory’s top budget adviser on Wednesday said he personally had “great concerns” about a pitch by Senate Republicans to abolish income taxes.
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