Cary News

May 20, 2014 10:31 AM

NC lawmakers move to limit local taxes, spurring opposition

A year ago, Republican lawmakers slashed taxes at the state level. Now, they want to force cities to do the same at the local level. Days into the legislative session, two contentious measures to cap the local taxes businesses pay cities, and limit spending are being fast-tracked even as the revenue implications of the major tax cuts approved in 2013 remain uncertain.

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