News Home

N.C. Senate Plan Expands Sales Tax Base Far And Wide

View Comments
File photo of a sales receipt. (Photo by MARK RALSTON/AFP/Getty Images)

File photo of a sales receipt. (Photo by MARK RALSTON/AFP/Getty Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

RALEIGH, N.C. (AP) — Senate Republicans have rolled out a tax plan in Raleigh that would subject almost all services to sales tax.

The tax overhaul proposal would make North Carolina’s sales tax base one of the broadest in the country and subject nearly all consumer activities and products to the combined local and state rate.

Chamber leader Phil Berger says the change promotes fairness because everyone who spends pays the tax. The proposal also would lower income tax rates significantly and lower the combined sales tax rate slightly.

Some businesses worry the proposal will cause tax collection paperwork headaches. Nonprofits say they’re worry it would affect their services because their sales tax exemption may be reduced or eliminated.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus

Get every new post delivered to your Inbox.

Join 15,194 other followers