Revenue thresholds for deeper tax cuts in the NC state budget will slash taxes even if revenue growth is slow

The year-over-year growth rates in revenue thresholds for deeper tax cuts in NC state budget appear arbitrary

Annual percent change in revenue thresholds that will trigger personal income tax rate cuts based on policy in 2023-2025 state budget

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Chart: NC Budget & Tax CenterSource: NC Budget & Tax Center analysis of 2023 Appropriations ActGet the dataEmbedDownload imageCreated with Datawrapper