NC Lawmakers Target Hospital Tax Breaks
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
North Carolina lawmakers propose cutting tax breaks for hospitals to ease tax burden on regular taxpayers. The House committee aims to halve property tax exemption and reduce sales tax refund cap. Hospitals, including Atrium Health, may face increased taxes, with lawmakers questioning the necessity of certain exemptions. The committee seeks to limit property tax increases and review hospital property exemptions, highlighting tensions over rising medical bills and hospital expansions.
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