Gov. Pat McCrory talks tax reform plans

myfox8.com

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Govenor Pat McCrory  talked to FOX8 about the budget, possible changes to the SBI and the state’s tax reform plan.

Republicans in the state Senate have proposed a plan that would lower-income tax rates, but add a sales tax to more than 100 different services.

The three-year plan would also lower the state and local sales tax rate in most counties from 6.75% down to 6.5%.

The plan claims to cut taxes by more than $1 billion.

McCrory says one way to rebuild the economy is to make changes to the tax system.

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