Corporate tax rates in NC stood at 6.9 percent in 2013 before falling to 6 percent in 2014. This year, the statewide corporate rate declined to 5 percent. In 2014, the N.C. General Assembly (gee, thanks, Sen. Rucho!) added sales tax to sports and entertainment tickets.
Now listen to His Brilliance carp and complain: “I told [Panthers president Danny] Morrison this the other day: I said, ‘You know, we lowered your corporate taxes, we lowered the [personal] income tax, we cleaned up the issue of what was a [3 percent gross-receipts] tax embedded into my Panther tickets and yet for the last two years I’ve increased [my payments because of higher prices],’ ” Rucho said. “‘Explain to me why that is.’ ”
"My Panther tickets." For this Republican and for many others in positions of power, it's always about my comfort, what I can get out of this, what profits accrue to me.
As far as anyone's explaining the failures of trickle-down to conservatives, good luck with that project!