North Carolina voters approve tighter income tax cap
The amendment lowers the state's constitutional ceiling from 7% to 3.5%, while a separate property tax measure was still being counted late Tuesday
Voters in North Carolina have approved a constitutional amendment that lowers the state's income tax cap from 7% to 3.5%, the Associated Press called at 9:21 p.m. Tuesday, with 61% of votes in favour and 89% of votes counted, according to WBTV. The amendment bars the General Assembly from raising the income tax rate above 3.5% unless voters approve another constitutional change.