Graig Meyer: Don’t Be Fooled by Tax Amendments on Your Ballot
The constitutional amendments on North Carolinians’ ballot on November 3 promise to lower taxes. The author warns that they are really about a tax break for the wealthy — not for you.
By Graig Meyer - This article originally appeared on www.beaconmedianc.org.
The North Carolina General Assembly laid down a challenge to North Carolinians by putting two potentially devastating and permanent constitutional amendments on this November’s ballot.
They are billed as if they are “cutting taxes” and giving you a break. And with spiraling inflation, who doesn’t want what seems like a nice little tax break right now?
Surprise, surprise… You’re just going to have to pay in other ways, because these tax breaks aren’t really for you.