NC Senate tax cut plan offers enormous benefits to North Carolina's millionaires

Average annual tax cut by income group from personal income tax cuts in the NC Senate 2025-2027 budget bill

(Please use a modern browser to see the interactive version of this visualization)

This model shows the impact of reducing the personal income tax rate to 1.99 percent from 3.99 percent, based on 2026 incomes

Source: Institute on Taxation and Economic PolicyGet the dataCreated with Datawrapper