Senate Republicans signal new tax relief for all North Carolinians
On Wednesday, Senate Leader Phil Berger, R-Rockingham, and Senate Finance Committee chairs Sens. Bill Rabon, R-Brunswick, and Paul Newton, R-Cabarrus, filed legislation to cut North Carolina’s personal income tax rate to below 2.5% by 2026. Senate Bill 651, also known as “Tax Relief For All,” is the Senate’s latest measure to alleviate the tax burden...