Across the Board Tax Cuts Much More Popular than Targeted Incentives
May 30, 2018
FOR IMMEDIATE RELEASE
Reflecting North Carolinians sense of fairness, across the board tax cuts are much more popular than targeted incentives for businesses in a May Civitas poll. By a wide margin, those polled favored across the board cuts by 58 percent to 19 percent for targeted incentives for select businesses.
“Governor Cooper’s solution to driving the North Carolina economy appears to be out of touch with voters,” said Donald Bryson, president of the Civitas Institute. “Voters generally understand that fairness is essential in a tax system, and an administration that can’t stop signing sweetheart incentive deals while fighting uniform tax cuts doesn’t reflect fairness in its policies.”
Targeted tax cuts are often criticized for their unfairness to other businesses that are often forced to compete in an unfair market. Additionally, tax incentives and other public subsidies of select businesses lend itself to crony minded policies and in some cases public corruption.
Crosstabs for the poll can be found here.
For questions, or to arrange an interview, please contact Brooke Medina, communications director, at bmedina@nccivitas.org.
Civitas has conducted live-caller voting in North Carolina since May 2005, and we are the only public policy organization offering statewide independent, nonpartisan data on a regular basis. Our polls have provided vital insights on what North Carolina voters think of the leaders and issues facing the state and nation.
Founded in 2005, the Civitas Institute is a Raleigh, NC-based, 501(c)(3) nonprofit policy organization committed to advancing conservative ideas and shrinking the size of government. Civitas fights to eliminate government barriers to freedom so that North Carolinians can live a better life.