Income tax

North Carolina Republicans Looking to Abolish State Income Tax

Would be eighth state to do so

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At the moment, seven states across the country don't levy a tax on income, and North Carolina Republicans want to make it eight, according to a powerful member of the state legislature.

State Sen. Bob Rucho, a Mecklenburg County Republican and chairman of the Senate Finance Committee, said Wednesday that he hoped to use the 2015 legislative session to eliminate the state income tax, replacing it with a consumption-based sales tax to make up for the lost revenue.