budget
NC’s “tax the rich” scheme is a bad idea
North Carolina legislators have introduced a bill to impose a high income tax rate on millionaires Such “tax the rich” schemes have failed elsewhere because wealthy people can easily move What would happen once the tax base…
North Carolina should build its own budget simulator
Balancing a state budget is an exercise in tradeoffs. Every dollar allocated to one priority is a dollar unavailable for another. Yet those tradeoffs are often difficult to see, buried in lengthy documents, complex fiscal…
The Latest Levy Report Card
"The bottom line - more relief is certainly needed. Voting to reject levies will temporarily prevent the bill from increasing even further, but for more true and lasting relief, we need to start looking at the root cause…
North Carolina Should Reclaim the NCInnovation Endowment
The Senate should reclaim the taxpayer-funded NCInnovation endowment and transfer the money to the Savings Reserve Taxpayer dollars should fund core public responsibilities, provide tax relief, or remain in…
School Funding Sleight of Hand
"Voters in local school levy elections aren't really deciding whether schools get 'fully funded'; they're deciding whether to authorize spending above the state-guaranteed level." The following…
What Senate Bill 889 would do
Property tax reform has drawn significant attention in North Carolina in the lead-up to the short session and remains a central issue as policymakers respond to concerns about rising tax bills across the state. Those concerns…
North Carolina’s Medicaid expansion financing gap that no one is talking about
Provider taxes are levied on hospitals’ net patient revenues and used to fund the state’s 10 percent share of Medicaid expansion costs, helping draw down federal matching funds that support the program. A provision in last…
Property tax levy limits aren’t budget cuts
At a time when property tax bills are rising across North Carolina, policymakers have proposed a constitutional amendment to limit how quickly those taxes can grow. However, critics warn that such limits could reduce…
The Real Growth of State Government
"The ACFR Net Position data leaves no doubt that the state government is bigger, financially, than ever before. That government growth is real, and much larger than .7% budget growth the Biennial Comparison report of…
More Property Tax Relief Needed
"Senator Galt's BI-11 would be a step forward for addressing local government property taxes, but more reforms are needed in the long run to dramatically reduce Montanans’ property tax burden"...…
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