Raleigh Telegram: NC Lt. Governor Candidate Dan Forest Says Income Tax Should Be Eliminated
By The Raleigh Telegram
HIGH POINT – At the Mitt Romney and Paul Ryan campaign event in High Point earlier today, Republican Lt. Governor candidate Dan Forest spoke about North Carolina’s business climate and said that he believed that taxes should be reduced in the state, including the income and business taxes.
Forest began his speech by focusing on the national Presidential campaign, saying that “America is at a tipping point,” referring to the race between Barack Obama and Mitt Romney.
“Freedom is never more than a generation away from extinction,” said Forest, quoting President Ronald Reagan.
Moving into his statements about the state’s economy, Forest said that the state is failing to compete with other states in the Southeast.
Forest said North Carolina has the “highest personal income tax in the Southeast,” one of the highest gas taxes, and one of the highest corporate tax rates in the region as well.
He said that Democratic leaders in North Carolina think that the state is “still competitive,” but he said the state has fallen behind.
“We’re not even in the same ballpark,” he added.
To attract jobs and business to the state, Forest said if elected, he would “set a course to eliminate the corporate income tax.”
In his speech, Forest also said he would follow the approach that some other states have taken to reduce the state income tax to “the lowest in the nation, if not eliminate it altogether.”
Forest’s fiery speech seemed to resonate with the thousands of people on hand in the Absolute Style furniture as he received a loud applause after speaking at the podium. ::
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