Illinois Rep. Lou Lang, Rep. Christian Mitchell, and Emily Miller of Voices for Illinois Children just held a press conference to respond to criticism of their proposed graduated income tax proposal. The proposal, which...
- North Carolina Tax Reform Options: A Guide to Fair, Simpl...
North Carolina Tax Reform Options: A Guide to Fair, Simple, Pro-Growth Reform
APPENDIX A: REVENUE ESTIMATES
(billions of dollars)
Source: Tax Foundation calculations.
Source: Tax Foundation estimates based on Personal Consumption data (Table 2.4.5U) from the Bureau of Economic Analysis, applied to North Carolina’s share of national personal income.
*Items are excluded from sales tax due to the levy of a higher separate tax. Purchases of alcohol and tobacco are subject to separate excise taxes; utilities are subject to a separate gross receipts tax; accommodations are subject to local hotel taxes.
**The separate 3% amusements tax would be replaced by the state sales tax in each option.
***Percentage for current sales tax base excludes business-to-business transactions.
Join the Tax Foundation's fight for sound tax policy Go
Tax Policy Blog
The official weblog of the Tax Foundation.
Tax By State
For information on your state, select it from the drop-down menu.
Ask a Tax Expert
Contact information for Tax Foundation policy staff Ask