Coming Soon to North Carolina: Redistribution of Wealth?

Anti-reform progressives in the legislature are still trying to play some of their greatest hits from the 2000s, now introducing legislation to reinstate the Earned Income Tax Credit. Initially added to the North Carolina tax code in 2007, it was meant to serve as a lifeline to low-income families struggling to get out of poverty. While it may have been … Read More

Hollywood Harper Peterson Rides Again

Fresh off his genuflection to the Altar of AOC, throwing his support behind the comically expensive “Green New Deal,” Sen. Harper Peterson is back at it again with some more retreads of bad ideas. Just in time for Oscar season, Sen. Peterson’s out with welfare for Hollywood. Recent studies have shown that film credits have no meaningful impact on industry … Read More

THE ANTI-REFORMERS, PART 3: HOW MUCH TAX $$$ IS ENOUGH FOR COLE PHELPS?

Cole Phelps isn’t just another anti-reformer promising higher taxes, like Michael Garrett and John Campbell. In his short career as a public official, Cole Phelps has already raised taxes himself, and he’s itching to do it again. As a Washington County Commissioner, Phelps raised property taxes by about 10%. Washington County Commission Meeting Minutes: May 17, 2017 Now he’s running … Read More

THE ANTI-REFORMERS, PART 2: LEARNING ABOUT MICHAEL GARRETT

Another anti-reformer who opposed bipartisan tax cuts and teacher raises: Michael Garrett. Garrett has run for office several times, as both a Republican and a Democrat. This time, he moved in with his parents. Garrett says he supports teachers and public education, but on social media he’s blasted the state budgets that raised teacher pay (it’s now been raised five … Read More

WHEN $1.3 BILLION ISN’T ENOUGH

It seems the conservative reformers on Jones Street are getting serious about a Constitutional Amendment that gives voters the chance to cap tax rates and handcuff big-spending politicians. The House Finance Committee approved the tax cap last week, and the entire House is poised to sign off soon. This is good news for taxpayers, good news for the state’s economy … Read More

DEMOCRAT LEGISLATORS SIDE WITH POLITICIANS ON TAX LIMITATION

Our recent statewide issues poll reveals 62% of voters agree with a Constitutional Amendment limiting the income tax to no more than 5.5%. But anti-reform Democrat legislators refuse any limit on the power of politicians to raise taxes. And the blindly left wing Budget and Tax Center predictably says handcuffing the politicians will starve North Carolina. Never mind that the … Read More

NOBODY BENEFITS FROM MAKING FIRST $20,000 OF INCOME TAX FREE? HUH?

Here we have media bias at work: The Washington Post just ran an article trying to discredit tax cuts in North Carolina in order to discredit the Trump tax cuts. The Post found a guy in Burlington who said he didn’t know anyone helped by the tax cuts. “I don’t know the people who this benefits,” Henry said of the … Read More

CHICKEN LITTLE COOPERITES

Here we go again. Governor Cooper’s spendaholic Democrats are touting a Fiscal study claiming the conservative reform majorities’ tax cuts will produce billions in budget shortfalls (Oops – like the ones these same Democrats used to run up). This old song is as worn out as an old Donnie and Marie 45. Because remember when the reliably wrong Ned Barnett … Read More

TAX CUTS ARE ACE IN THE HOLE

So now the fate of the conservative majority may hinge on the redistricting roulette playing out in the courts. Under one scenario, the Governor could get his public wish – a snap election with new districts drawn in a special session. With a Democratic base hopped up on anti-Trump hate and the Governor’s power to auction off briefings by Cabinet … Read More

MORE FAMILY INCOME TAX FREE

The Trump tax reform would make the first $24,000 of family income tax free. The N. C. Senate’s middle class tax cut will make the first $20,000 of family income tax free. The plans are on the table. The State Senate has already voted to make the first $20,000 of family income tax free. So here’s the question: Will the … Read More