RALEIGH, N.C. (AP) -- Gov. Pat McCrory is siding with a measured approach to overhauling North Carolina's tax system and turning away from a Senate Republican proposal that would greatly expand the sales tax.
McCrory released a statement late Thursday saying the House Republican proposal and a bipartisan Senate proposal are closest to his position on tax reform. Those plans would expand the sales tax base slightly while lowering corporate and personal income tax rates.
The GOP governor says he can't support a plan that turns too many North Carolina residents into first-time tax collectors -- like the plan backed by Senate leader Phil Berger would do. Berger's plan also would subject food to the full state and local sales tax.
McCrory would be asked to sign any overhaul into law.
Copyright 2014 by The Associated Press. All Rights Reserved.