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General Assembly Aims To Cap Income Taxes At 5.5 Percent

(AP Photo/Ted Shaffrey, File)

Leaders in the General Assembly have introduced a measure that would limit legislators' ability to raise income taxes. It's the second constitutional amendment filed this session.

The bill in question would enshrine a cap to personal income taxes in the state's highest law for everyone at 5.5 percent.

The current statewide threshold is ten percent, although residents pay less.

While it has a long path to becoming part of the North Carolina constitution, the measure cleared a major hurdle this week as it received a favorable recommendation from the House Finance Committee.

If the bill passes in the full legislature, voters in November will cast ballots to decide whether or not it becomes law.

Earlier this session, lawmakers introduced another constitutional amendment that would reinstate voter ID at the polls.

Sean Bueter joined WFDD in August 2015 as a reporter covering issues across the Piedmont Triad and beyond.Previously, Sean was a reporter, host and news director at WBOI in Fort Wayne, Ind., just a few hours from where he grew up. He also sorted Steve Inskeep's mail as an intern at NPR in Washington, D.C.Sean has experience on a variety of beats, including race, wealth and poverty, economic development, and more. His work has appeared on NPR's Morning Edition and All Things Considered, and APM's Marketplace.In his spare time, Sean plays tennis (reasonably well), golf (reasonably poorly), and scours local haunts for pinball machines to conquer.

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