Elections
North Carolina Voters Approve Income and Property Tax Limits
PN Team • 5 hours ago
North Carolina voters approved all three constitutional amendments on the ballot, each passing by roughly 60% or more. The income tax amendment caps the state rate at 3.5%, replacing the 7% ceiling set in 2018; the current flat rate of 3.99% is already set to decline. Republican sponsors say the cap locks in tax cuts, while Democratic Gov. Josh Stein called it a "millionaire protection cap" shifting costs to ordinary residents.
A property tax amendment also passed, directing the legislature to later set limits on annual local tax revenue growth; details of the cap remain to be written. A third amendment extends the existing photo ID requirement to all forms of voting, including mail-in ballots. Critics warn the property tax limit could squeeze county budgets funding services like healthcare and law enforcement.
Sources:
Sentiment
- Republican Party (United States) Republican sponsors credited with locking in tax cuts via the approved amendment.
- Local government Local governments' budgets for services are described as potentially squeezed by the new cap.
- Josh Stein Governor quoted criticizing the measure as a 'millionaire protection cap' shifting costs to residents.
- North Carolina State voters approved tax measures, portrayed as a straightforward factual ballot outcome.
- Democratic Party (United States) Democratic governor criticizes the tax cap, portraying party as opposing it on fairness grounds.