From Carolina Journal Program No. 686: One of the last items the General Assembly considered for its 2016 session was a proposal to set a new upper limit on the state’s income tax rate. A constitutional amendment would cap the tax rate at 5.5 percent, lower than the current rate of 5.75 percent and slightly above the new rate of 5.499 percent that’s already scheduled to take effect in 2017. You’ll hear highlights from legislative debate over building income tax limits into the state’s governing document. (The General Assembly ended up not voting to place the measure on the ballot.)