Lighter tax burden in N.C.?
The local tax burden lightened in North Carolina in 2012 compared with the previous year, according to a new report by the John Locke Foundation, the Raleigh group that promotes limited government.
Local tax and fee collections were 3.9% of per capita personal income in 2012, down from 4.2% the previous year. More recent information is not available.
State and local governments collected about 10 cents of every $1 earned by North Carolinians in 2012. State taxes accounted for 6%, with local governments making up the balance, according to the report, which was based on the State Treasurer’s annual financial information report.
Durham had the heaviest local tax burden, 5.7% of per capita income, among North Carolina’s 10 most populous counties. Here are how they ranked by tax collections as a percentage of income.
New Hanover 4.84