N.C. Commission formed to address antiquated tax system

From Thursday's News and Observer of Raleigh:

This year the North Carolina General Assembly approved the formation of the State and Local Fiscal Modernization Study Commission, an council tasked with the evaluation of the N.C. tax system. The commission draws on N.C.'s experiences in the 1920s and 30s when the state completely revamped its fiscal systems. The Commission has identified four specific areas to be addressed:

• Tax base
• Tax rate
• Local government tax options
• Division of state and local functions

The Commission will meet over the next few months to develop recommendations to submit to the Governor and General Assembly. A recommendation for a permanent financing strategy leading to the elimination of county financial participation in Medicaid services is also anticipated.
Want to know what your state can do to modernize its revenue system? See Doing Better: Progressive Tax Reform for the American South, from the Center for a Better South.