RALEIGH, N.C. (AP) — House Republicans offered their own tax overhaul plan Thursday that would reduce personal and corporate income rates like their Senate counterparts but reveals stark differences over the scope of sales tax.
The House proposal would expand the sales tax to cover a handful of new services, such as from automobile repairs to warranty and service contracts. The Senate framework introduced last week, in contrast, would make North Carolina’s sales tax base one of the broadest in the country.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
