PROPOSAL: Exempt the first $20,000 of income for businesses that pay the corporate income tax.
HELPS: Would eliminate the entire tax burden for the state's 14,000 smallest corporate taxpayers.
COST: $33 million a year.
WOULDN'T HELP: Offers
Republican Greg Murphy and Democrat Allen Thomas are competing to replace the late Rep. Walter Jones in the U.S. House. The special election in Eastern North Carolina’s 3rd Congressional District is Sept. 10.
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