The newly released House version of the 2007-2009 budget increases spending by 7.4 percent, continues the “temporary” taxes yet again, and features some proposed ... Keep Reading
Articles
Budgeting for the Future
Sometimes, the “face value” of new items in a budget is only the tip of the iceberg. And in some cases, the rest of the iceberg can be pretty substantial. Projects ... Keep Reading
House Budget Misses Opportunity for Tax Relief to Working Poor
The FY2007-09 budget currently being debated by House members includes a proposed 5 percent state Earned Income Tax Credit (EITC) aimed at providing assistance to North ... Keep Reading
Seeing Green … A Roundup of the North Carolina “Green” Budget
North Carolina’s proposed budget for the next biennium is peppered with nods to Big Green. As the following highlights from the House budget (HB 1473) reveal, these measures ... Keep Reading
Middle-class Welfare: The House Budget and Education
Remember this number: $10.7 billion. This figure represents how much North Carolina expects to spend on education in the $20.1 billion state budget currently under consideration in ... Keep Reading
Spend and Tax … Again
The first full glimpse of the N.C. House version of the 2007-2009 budget was released late Monday afternoon. What did it contain? More of the same: increased spending and higher ... Keep Reading
Funding Illegal Immigration: The House Budget
Months of Civitas DecisionMaker polling has established that a majority of North Carolina voters oppose illegal immigration. For similar reasons, a majority of voters oppose any ... Keep Reading
Taxing The American Dream — Real Estate Transfer Taxes
Fifteen Democrats — and one Republican — have attached their names to several bills that could raise taxes by an estimated $777 million. This time, they are going after ... Keep Reading
Another Year, Another Surplus; Are The ‘Temporary Taxes’ Still Necessary?
Earlier this week, the General Assembly received news of another “April surprise.” That is, revenues are greater than anticipated. Estimates were revised upward by ... Keep Reading
Funding North Carolina’s Public School Growth — Are More Taxes Necessary?
Democrats and Republicans in the General Assembly are proposing legislation to increase sales taxes as high as 15 percent above current levels. The increases would be added on in ... Keep Reading
