SB 818; 2R - Increase the Zero Tax Bracket

This bill would increase the standard deduction in North Carolina’s state income tax code. The amount of the deduction would rise to $17,500 for married filers (from the current $15,500) by 2017 and $8,750 for single filers (up from the current $7,750). Civitas believes tax cuts allow North Carolinians to keep more of their hard-earned dollars and enable greater job growth and economic prosperity. The conservative vote is yes.