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Old 02-15-2011, 12:47 PM
Location: Washington DC
4,367 posts, read 3,865,692 times
Reputation: 3341


Looks like Bev has proposed a new tax cut to making us have the highest corporate tax rate in the southeast to the lowest in the southeast.

RALEIGH Democratic Gov. Bev Perdue on Monday night proposed cutting the corporate income tax, stealing some of the political thunder from the new Republican legislature.

In her second State of the State address, Perdue proposed slashing the corporate income tax to 4.9 percent from 6.9 percent, making it the lowest in the Southeast.

"Right now, we have the highest corporate tax rate in the Southeast," Perdue told a joint session of the legislature. "That means our businesses are paying more taxes when they could be creating jobs."
Read more: Perdue: Cut biz tax, save teachers - CharlotteObserver.com (http://www.charlotteobserver.com/2011/02/15/2063683/perdue-cut-biz-tax-save-teachers.html#ixzz1E3gyB1ov - broken link)
This on top of the DNC 2012, Energy Hub momentum, Bustling airport, etc. are making me think Charlotte will start recovering quite nicely here soon.At least I'm hoping.
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