TFA does not focus purely on income taxes, but rather the overall tax burden. NC is ranked 26th in terms of overall tax burden. [1] Rich people aren’t paying

TFA does not focus purely on income taxes, but rather the overall tax burden. NC is ranked 26th in terms of overall tax burden. [1] Rich people aren’t paying regular income tax rates as their primary tax burden. They pay property, capital gains, and corporate tax rates. I think NC is considered very good for corporate rates, and middle of the road for personal, property, and capital gains rates. [2] [1] - https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494/ https://wallethub.com/edu/states-with-highest-lowest-tax-bur... [2] - https://taxfoundation.org/publications/state-business-tax-climate-index/ https://taxfoundation.org/publications/state-business-tax-cl...