Today the Senate approved Senate Bill 325, Billion Dollar Middle Class Tax Cut, a bill that reduces income taxes for virtually all taxpayers and provides tax relief to North Carolina businesses. Estimates project that total tax savings will exceed $1 billion in the next biennium, and grow in size in future years.
Civitas Action supports reductions of the tax burden on individuals and businesses in order to scale back government’s intrusion of our lives, and to create more job opportunities and economic growth.
Civitas Action fully intends to grade the Senate’s vote on SB 325, as well as any future House votes taken on the bill, in its 2017 Civitas Action Conservative Effectiveness Ranking. Grades will be updated to the website within one or two business days following the vote.
Civitas Action is a 501(c)(4) non-profit that educates and informs North Carolinians on policy issues and the actions of their elected officials.