VICKI LEE PARKER: Permanent corporate tax cap; Not best for business
EDITOR'S NOTE: Vicki Lee Park is executive director of the North Carolina Business Council, a statewide nonprofit association with a mission to "connect, empower, and influence business leaders to build a vibrant economy that protects our natural resources, sustains local communities, and benefits all North Carolinians."
As a statewide organization of growing small businesses, our experience shows that long-term corporate prosperity depends on whether a large proportion of North Carolinians are prosperous as well. A significant proposed amendment to our state Constitution, Senate Bill 75, would put a permanent limit on corporate and individual income taxes into the State Constitution. This bill is not an answer to any of our problems as businesses. In fact, it would likely create problems.
Our members believe their businesses prosper by investing in the right things.
So we care about:
We know that will rev the engines of businesses all across the state.