North Carolina lawmakers can continue the positive economic momentum of their 2013 tax reform package by reducing or repealing the state’s tax on capital gains. That’s the recommendation from Roy Cordato’s latest John Locke Foundation Spotlight report.
The current system contains a tax bias against savings, investment, and entrepreneurship. Cordato explains how a change to the capital gains tax structure would help address that bias. Learn more here and by watching the video clip below.
