Bev Perdue on Corporations

North Carolina Governor-Elect

Tax relief for corporations from highest rate in southeast

Tonight I propose giving North Carolina one more tool to attract new jobs and to grow jobs here in existing small businesses: Tax relief for corporations and for small businesses. Right now, we have the highest corporate tax rate in the southeast. That means our businesses are paying more taxes when they could be creating jobs. That's a strike against us from Day One as we work to convince businesses that North Carolina is the best value. Businesses look at more than the bottom line, but the botto line is the big difference maker in a company's relocation decision. So in this budget--we will continue to fund our business incentives for job growth and job recruitment. And I am asking the General Assembly to lower our corporate tax rate to 4.9%--the lowest in the southeast and one of the lowest in the nation. This change will push North Carolina to the forefront in growing jobs for our people. And that, my friends, must be the No. 1 priority for every one of us in this chamber tonight. Source: North Carolina 2011 State of the State Address , Feb 14, 2011

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*Other governors on Corporations:*		*Bev Perdue on other issues:*
*NC Senatorial:* Kay Hagan Richard Burr *Newly seated 2010:* NJ Chris Christie VA Bob McDonnell *Term-limited as of Jan. 2011:* AL Bob Riley CA Arnold Schwarzenegger GA Sonny Perdue HI Linda Lingle ME John Baldacci MI Jennifer Granholm NM Bill Richardson OK Brad Henry OR Ted Kulongoski PA Ed Rendell RI Donald Carcieri SC Mark Sanford SD Mike Rounds TN Phil Bredesen WY Dave Freudenthal	*Newly Elected Nov. 2010:* AL: Robert Bentley (R) CA: Jerry Brown (D) CO: John Hickenlooper (D) CT: Dan Malloy (D) FL: Rick Scott (R) GA: Nathan Deal (R) HI: Neil Abercrombie (D) IA: Terry Branstad (R) KS: Sam Brownback (R) ME: Paul LePage (R) MI: Rick Snyder (R) MN: Mark Dayton (D) ND: Jack Dalrymple (R) NM: Susana Martinez (R) NV: Brian Sandoval (R) NY: Andrew Cuomo (D) OH: John Kasich (R) OK: Mary Fallin (R) PA: Tom Corbett (R) RI: Lincoln Chafee (I) SC: Nikki Haley (R) SD: Dennis Daugaard (R) TN: Bill Haslam (R) VT: Peter Shumlin (D) WI: Scott Walker (R) WY: Matt Mead (R)	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families/Children Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Infrastructure/Technology Jobs Principles/Values Social Security Tax Reform War/Iraq/Mideast Welfare/Poverty Contact info: Email Contact Form

Page last updated: Nov 21, 2011