Will Gov.-elect Cooper propose “fair share” tax policy?

Roy Cooper (CBS North Carolina)

RALEIGH, N.C. (AP) – North Carolina Gov.-elect Roy Cooper rallied in the campaign against tax cuts Gov. Pat McCrory and other Republicans approved that he said benefited the wealthy the most. But it doesn’t sound like he’s ready to reverse their course by raising income tax rates.

The Democrat told The Associated Press in an interview he has no plans to propose changing individual and corporate rates, which will fall again Jan. 1, the day he takes office.

Whatever Cooper proposes will set the tone for his relationship with the GOP-led General Assembly.

The outgoing attorney general has said he wants to give tax breaks to the middle class and small businesses while increasing public education spending. Cooper said that can be done without raising taxes. He’ll unveil a budget proposal early next year.

(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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