Archive | State Budget

CORPORATE TAX RATES MATTER

The media would like us to think lower corporate taxes won’t affect business expansion and job creation. But just check out this list of American corporations that transferred to other countries with lower taxes using a process called inversion. That’s powerful evidence tax rates do matter. Conservative reformers began cutting corporate tax rates in 2013 […]

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CHOICES AND COOPERATION

In his budget and State of the State address, Governor Cooper dumped a grab bag full of spending notions on the table while avoiding choices. Example: The Governor wants double-digit raises for teachers who already average about $50,000 a year. Equal raises for good teachers and bad teachers. Nothing about rewarding our best with bigger […]

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COOPER GOES BACK TO SPENDING

Governor Cooper’s billion dollar spending increase budget blows through spending limits envisioned by the Taxpayer Protection Act – a 5.1% spending hike, or over twice the 2.3% budget restraint the conservative majority has delivered over the past four years. It’s over a billion dollar increase in the first year. Upwards of $1.7 billion in the […]

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DON’T PAY THEM

A suggestion: The legislature should cut off salary money for Governor Cooper’s ghost cabinet secretaries. And we mean ghost secretaries because, according to Roy Cooper, they haven’t yet been appointed. Cooper is fighting tooth and nail to keep his cabinet secretaries out of the Senate confirmation room. Larry Hall no-showed again today, for the third […]

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THE LAZY AND THE GREEDY AGAINST THE NEEDY

Anyone glancing at statistics on student debt will conclude millennials are having a rough time financially. So we raised an eyebrow when the UNC Faculty Assembly trashed the Board of Governors and the Legislature for a myriad of sins, demanding accreditation agencies stop the push for reform in the UNC System. Among the sins the […]

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HOW NOT TO SPEND THE SURPLUS

With conservative economic reforms working, North Carolina now has a half-billion dollar budget surplus. Fair minds can debate what to do with an extra $550 million. Return it to taxpayers? More Rainy Day savings? Teacher raises? All of the above? More on that in the coming weeks. Here’s what legislators should NOT do: allow school […]

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