North Carolina Senate gives final approval to $2 billion tax-cut plan

Legislation that includes more than $2 billion in tax reductions over the next two years and the phaseout of North Carolina’s corporate income tax by 2028 received bipartisan approval again in the Senate on Thursday. The Republican-authored measure, which also would send up to $1 billion in federal COVID-19 recovery aid to hundreds of thousands … Continue reading North Carolina Senate gives final approval to $2 billion tax-cut plan