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Unfair and possible illegal taxation

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To the editor:
North Carolina imposes a state income tax on residents’ pensions that are retired from other state governments. They are given a $4,000 forgiveness on their pensions. No one has ever explained where this figure came from. Years ago several North Carolina legislators said this was given to hopefully prevent a challenge to this tax law.
If you are retired from the federal government or are a retiree from North Carolina state government, you are not taxed on your pension, but you are taxed if you retired from another state government.


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The Brunswick Beacon | circulation@brunswickbeacon.com | 910-754-6890
P.O. Box 2558, Shallotte, NC 28459
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