Dell Incentives Repayment Could Have Been Assured By Stam Amendment Raleigh – Representative Paul Stam (R-Wake) offered an amendment to the 2004 legislation which authorized a massive tax incentives package for Dell, Inc. This amendment would have removed any ambiguity about repayment, with interest, of all incentives paid to the computer manufacturing firm. The amendment [...]
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 [...]
Voters Send Clear Message Focus Is on Issues Affecting Families Raleigh – The message is clear from Tuesday’s election in Wake County and around the country. Voters are squarely focused on core issues affecting their family and their future more than at any time in recent history. The clean sweep of four seats for 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. [...]
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 [...]
