Rethinking Property Taxes: A Path To Fairness In N.C.
[caption id="attachment_12841" align="alignnone" width="1536"] (Photo: Clayton Henkel)[/caption] CAROLINA FOWARD - Members of a special NC House Committee voted Wednesday to advance a new constitutional amendment that would, if passed, require the General Assembly to set limits on the property taxes levied by local governments. State law already limits local governments to a maximum property tax of $1.50 per $100 value. The only way for local governments to exceed that limit