NC Budget and Tax Center

Budget and Tax Center statement on Gov. McCrory’s new “Jobs Plan”

Governor McCrory’s Economic Development Board released it’s long-awaited strategic plan for the state’s economic development efforts this afternoon. Here is the Budget and Tax Center statement in response:

We all want to create jobs and grow an economy that works for everyone in North Carolina, and the best way to make sure that happens is to focus on raising family incomes after a decade of decline. While the Governor’s plan includes a number of useful proposals, there is an important contradiction between the plan’s call for additional tax cuts and the resources necessary to achieve the goals related to workforce development, innovation/entrepreneurship, and rural prosperity. These goals will be impossible unless the state provides adequate investment in higher education, community colleges, and rural community development initiatives. Funding for these initiatives are already well below where they were before the recession started in 2008, so it’s unlikely the state will be able to make significant progress on achieving these goals given the steep revenue losses resulting from last year’s tax cuts and any future round of tax reductions.

 

4 Comments

  1. Frances Jenkins

    January 25, 2014 at 11:44 pm

    I can not wait for the out-of-balanced and unfair evaluation by PP. I can predicate 100% what this nonprofit pretend seekers of the truth will say. You not being good public servants. Your leanings always over shadow the truth.

  2. Alan

    January 26, 2014 at 5:00 pm

    Frances,

    And what would those trustworthy, honest and patriotic folks over at the Civitas Institute have to say on this topic? After all, this privately funded “think tank” (I laugh out loud as I write that…) are well known for their unbiased view on all matters. What does Papa Smurf have to say on it, or should I simply tune in to right-wing hate radio to listen to Papa Smurfs latest opinion?

    “You not” being honest, again…

  3. LayintheSmakDown

    January 27, 2014 at 5:46 pm

    I am sure it would be much more unbiased than the “non partisan” Budget and Tax Center. I guess the word here would be touche’

  4. Alan

    January 28, 2014 at 10:59 pm

    LSD, glad to see you came to your fellow employees aid, how noble of you…