June 29, 2009

Elaine Mejia – NC House and Senate tax plans

Posted at 12:45 PM by Adam Searing

Elaine Mejia of our own NC Budget and Tax Center gives an overview of the current revenue raising plans being considered in the NC House and Senate. One key point – the amount of revenue raised by either plan will only deal with about 1/3 of NC’s budget shortfall – the other 2/3 will come in the form of substantial cuts to state government programs – mainly in health and education:

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1 Comment

1 Comment Add yours »

IBXer 29 Jun 2009 3:33 pm

http://www.newsobserver.com/business/nc/story/1585707.html

Yay for tax increases! More please! Power to the people (not you, silly, the people in Raleigh)! Down with evil businesses! woohoo!!!

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