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NC Gov. McCrory: NC tax reform must be “revenue neutral”

From his inaugural State of the State speech to interviews just a few weeks ago, NC Governor Pat McCrory has repeatedly proclaimed the critical importance of any tax reform in North Carolina being “revenue neutral.”  Indeed, in the State of the State speech he emphasized the need to protect NC’s vital services – like health care – in any reform.  McCrory is now presented with tax reform plans from the NC House and Senate that far from being “revenue neutral” cut literally billions of dollars from NC’s state budget over the next few years.  How will he react to this challenge to one of his bedrock principles on tax reform?

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2 Comments

  1. earl Bierlin

    June 18, 2013 at 4:07 pm

    Will S/S be taxed and will Medicare along with the pills we need to stay alilve be taxed? Not everyone of us old folks have bank accounts, summer homes on the islands, and can live high on the hog likes so many Republican polititions, for us life it just getting by…

  2. Adam Searing

    June 18, 2013 at 4:32 pm

    Yes – seems like tax “reform” for the GOP is slashing the corporate rates and rates for the wealthy and making the rest of us pay more!