North Carolina has an income tax, from 6% to 7.75%. Social Security is exempt. Exemptions and deductions are available for other types of income. Additional information is available at the North Carolina Department of Revenue site http://www.dornc.com/taxes/individual/retirement.html.
North Carolina has a 4.5% sales tax. Municipalities also levy sales tax increasing the effective tax rate as high as 8.25%. Gasoline and Diesel are taxed at $.322/gallon and Cigarettes are taxed at $.45/pack.
North Carolina assesses all real and personal property and the municipalities collect the tax. Homestead exemption is available. Additional information is available at the North Carolina Department of Revenue site http://www.dornc.com/publications/effective_rates.html.
North Carolina has no Inheritance but does have an Estate Tax. For additional information on the estate tax, please see the North Carolina Department of Revenue page on this tax http://www.dor.state.nc.us/taxes/estate/general.html