North Carolina is ranked 23rd overall among the states in the new Economic Outlook Ranking from the American Legislative Exchange Council (ALEC). That’s only a slight improvement from the 26th position last year. Once again it is the tax burden that keeps the state in the middle of the pack. North Carolina is at the bottom of the pile for the it’s Death Tax. That state levy will grow even larger next year with the federal rate if no action is taken by the General Assembly.
North Carolina is 23rd for the sales tax burden, and 22nd for the remaining tax burden. The ALEC ranking puts the state 28th for a high Average Workers’ Compensation Cost of $2.12 per every $100 of payroll.
ALEC also gives the Tar Heel state a low mark for the Top Marginal Income Tax Rate of 7.75 percent. North Carolina drops to 36th in that category. The state receives the same bad grade for the number of public employees, noting there 580.6 public workers for every 10,000 in the population.
North Carolina, however, is at the top of the list of states for having right to work laws. It also gets a number one ranking for a low minimum wage of $7.25, which is the federal floor.
Isn’t this the same ALEC that corporations are distancing themselves from…. because they were buying our politicians and writing our legislation? Isn’t that TREASON? should be…
I agree NCgirl – hang them!
There has NEVER been a liberal group anywhere in NC or the US that has ever tried to influence legislation – NEVER!
And corporations know best! If the corporations are distancing themselves from ALEC, then I agree with whatever the corporations do. After all, corporations never lobby for government privileges.
like rats off a sinking ship…. lol amazing what democracy can accomplish – all the more reasons for an Anti-American site like this to rant against the power of the people.