State of North Carolina Archives: on Tax Reform

Sandy Smith: Tax all Americans fairly at the same rate

A: Strongly Oppose, all Americans need to be taxed fairly at the same rate.

Paul Wright: Flat tax of 13%-- instead of current oppressive tax system

David Rouzer: Great civilizations have low taxes & high revenues

We need to lower all taxes in order to provide people more of their money in order to help re-invigorate the economy and generate more revenues for the state. Lower taxes encourage innovation and reward hard work necessary to create economic growth and new innovations that benefit all of society.

In the State Senate I helped craft two balanced budgets without raising taxes on hard-working North Carolinians. I also proposed legislation to completely eliminate the state's burdensome gas tax that strains family budgets and small businesses.

We cannot tax our way back to prosperity. I fought for lower taxes in Raleigh and I will fight for lower taxes in Washington. The key to getting our economy back on track is cutting spending and limiting government.

Thom Tillis: FactCheck: Kept sales tax at 3% on yachts & jet owners

Who made it: Democratic Senatorial Campaign Committee.

The facts: The sales tax break has been around for decades, and it was maintained in budgets Sen. Kay Hagan helped write and pass when she was in the state Senate. When the GOP overhauled the state's tax code in 2013, it did away with some tax breaks but kept those. The maximum sales tax on yachts and jets, by the way, is 3 percent of the purchase price.

Thom Tillis: Repeal estate tax, except real estate & residents

• Article 1A of Chapter 105 of the General Statutes is repealed.
• An estate tax is imposed on the estate of a decedent when a federal estate tax is imposed on the estate & any of the following apply:
• The decedent was a resident of this State at death.
• The decedent was not a resident of this State at death and owned real property or tangible personal property that is located in this State.

Pat McCrory: Cut individual and corporate income taxes

• Cut the Individual Income Tax for All North Carolinians: North Carolina's income tax burden is the highest in the region and the 9th highest in the nation. Lowering the income tax to give North Carolina families and businesses relief will be a top priority in the McCrory administration. A high personal income tax is squeezing our state's top job creators and driving them to other states while taxing our workers' productivity.
• Reduce Corporate Income Tax Rates for Businesses: A corporate tax code that is competitive with our neighbors will help North Carolina compete for new businesses while growing existing ones.
• Eliminate the Death Tax: North Carolina is now the only state in the Southeast with the death tax. This tax unfairly punishes those who would inherit their loved one's possessions or business, forcing some families to sell off a small business or family farm just to pay the tax. As governor, Pat McCrory will fight to eliminate the death tax for North Carolinians.

Pat McCrory: Fight unnecessary & burdensome federal taxes & regulations

Elizabeth Dole: Sales tax, income tax, food tax, liquor tax: it’s too much