Morality (from the Latin moralitas manner, character, proper behavior) is the differentiation of intentions, decisions, and actions between those that are distinguished as proper and those that are improper.
North Carolina exempts all Social Security retirement benefits from income taxes. Other forms of retirement income are taxed at the North Carolina flat income tax rate of 5.75%. Other taxes seniors and retirees in North Carolina may have to pay include the stateâs sales and property taxes, both of which are moderate. Read on to learn about these and other retirement taxes in North Carolina.
Overview of North Carolina Taxes. The North Carolina state income tax is currently 5.75%. As of 2014, the state eliminated progressive income tax rates. All state taxpayers now face the 5.75% rate since 2015, which has remained constant in subsequent tax years. More on North Carolina taxes can be found in the tabbed pages below.