Proposed Principles for Job Creation through Tax and Spending Reform Raleigh – The Interim Joint Finance Committee convenes today to continue its consideration of proposals to reform North Carolina’s tax structure. Republican members of the House and Senate Finance Committees released their outline for tax reform proposals to provide renewed vitality to job creation. The [...]
How The Democrats Raised Your Taxes Just Because They Could Raleigh – A recent report by the State Controller provided an accounting for the total spending by North Carolina for the 2008-2009 fiscal years. In a surprising revelation, the “gap” between the expenditures last year and the anticipated revenues for this year, without tax increases, [...]
Budget Conferees Refused to Eliminate Golden Parachutes Raleigh — The practice of the University of North Carolina to pay large salaries to administrators who resign to return to teaching positions survived the budget knife. According to the News and Observer, this policy has cost NC taxpayers more than $8 million over the past five years. [...]
Budget Raises Taxes During Recession and Cuts Per Pupil Education Funding Raleigh – Governor Bev Perdue has consistently pledged to North Carolina citizens she will not sign a budget that raises taxes on working people or cuts funding for education. The budget passed yesterday by the General Assembly does both. As a candidate and as [...]
Democrats Refuse to Cut Spending, Balance Budget on Families, Small Business Raleigh, N.C. – Despite the fact that North Carolina has one of the highest unemployment rates in the nation and economists regularly say that higher taxes slow job growth, Governor Beverly Perdue and legislative Democrats have failed to cut state spending and instead decided [...]
A Continuing Resolution Keeps Government Operating The House of Representatives today passed a temporary budget measure to ensure funding for state government services until a permanent budget is crafted. The vote was 102 – 5. The continuing resolution contains no tax rate increases of any kind. Republicans in the legislature have insisted that tax increases [...]
More Taxes in Store for Everyone The Governor and Democratic leadership of the Senate and House still have not drafted a balanced budget — a full month overdue. The drama being played between Governor Perdue and the Democrats in the Legislature is pointing to ineptitude by those in charge to deal with the real cause [...]
Raleigh – Governor Perdue and Legislative Democrats continue to exaggerate the budget deficit, despite undeniable evidence to the contrary. Calculating with illusory budget numbers that have never in history been spent, they claim that the gap is $4 billion, $4.2 billion or $4.5 billion. The attached charts illustrate the real numbers with apples to apples [...]
Raleigh, N.C. – According to news reports, Governor Beverly Perdue told reporters yesterday that she does not care which combination of tax increases the Democratic Legislative leaders agree on as Democrats continue closed door negotiations about the state budget. Governor Perdue also reportedly contends that the state is missing out on $5 million a day [...]
The light is now shining into some of the cracks and cavities of academia — and it’s high time. The taxpayers of North Carolina, in good times or recession, must not be forced to fund lucrative golden parachutes paid to high ranking university officials. Recent revelations of pay retention for NCSU Provost Larry Nielson and [...]
