S920 proposes a constitutional amendment to limit the state’s income tax rate to a maximum of 5%, down from the current cap of 7%.
The North Carolina State Senate passed S920 on December 2, 2024 by a vote of 30 to 19. We have assigned pluses to the ayes because the income tax is an immoral, anti-constitutional act of government-imposed theft that takes from citizens the wages they have rightfully earned. It disparages the principles of the Bill of Rights and 14th Amendment, which were intended to safeguard “private property” and guarantee “equal protection of the laws” for all Americans.