Tax and Fee hikes outweigh spending reductions by a ratio of more than 2.5 to 1. According to analysis, for every dollar of actual year over year spending cuts, the House proposes ... Keep Reading
Fiscal Policy
North Carolina House Budget Proposal Includes Massive Tax and Fee Hikes, Cuts Public Education More Than Other Agencies
The North Carolina House budget proposal for fiscal year 2009-10 will raise taxes and fees by more than $860 million and spend roughly $19.97 billion. The spending amount is down ... Keep Reading
Job-Killing Tax Increase
Part of the North Carolina House’s proposed tax package would raise North Carolina’s highest marginal tax rate to 8.5 percent. The new rate would be tied for the 7th ... Keep Reading
House Budget Cuts: Misplaced Priorities or Political Ploy?
When the North Carolina House Budget proposal was originally released, many lawmakers claimed the “draconian” and “painful” cuts were unavoidable without ... Keep Reading
Dissolve Golden Leaf
North Carolina lawmakers need to question the wisdom of imposing job-killing tax hikes in order to spare the organization that funded the Randy Parton Theatre and Drag Racing Hall ... Keep Reading
The Truth on the 2009 Budget Process
The following article represents the opinion of the writer and does not reflect the views of Civitas, its Board of Directors or staff. In today's News & Observer article House ... Keep Reading
Four Effective And Popular Options For Creating Jobs In North Carolina
With the economic recession taking a heavy toll on North Carolinians, one thing is on everybody’s mind: jobs. Indeed, when voters were asked what is the biggest issue or ... Keep Reading
More Battles Ahead for K-12 Education and the State Budget
This article originally appeared in the Lincoln Tribune on May 29, 2009. One of the most significant budget battles taking place in the General Assembly this year involves K-12 ... Keep Reading
Voters Give Resounding “No” To Apple Giveaway
Tax Cuts for Small and Medium Businesses Better Way to Create Jobs Raleigh, N.C. – As the NC House is set to vote today on a bill (SB 575) granting a targeted tax break for ... Keep Reading
Significant State Employee Cuts Inevitable
Future deficits loom large on horizon Raleigh, N.C. – Substantial payroll cuts for state workers in the upcoming budget are likely unavoidable, according to the latest ... Keep Reading