Senator Phil Berger for outstanding achievement in tax reform. One of six individuals recognized by the national Tax Foundation.
“Smarter, more principled tax policy”
” … led the legislative effort to enact the year’s most significant state tax reform, offering an impressive initial proposal and ultimately crafting the version that became law. Provisions include reducing the individual income tax from a top rate of 7.75 percent to a flat rate of 5.75 percent by 2015, a more generous standard deduction for all taxpayers, a reduction in the corporate tax rate from 6.9 percent to 5 percent by 2015, and an immediate repeal of the estate tax.”
Congratulations to Senator Berger and all who worked so hard to make North Carolina’s tax system fairer, simpler and smarter.