NC Budget and Tax Center

Statement on the Governor’s Budget from Alexandra Sirota, Budget & Tax Center Director

The “tough choices” Governor McCrory says he made in his just-released budget proposal were self-inflicted. They come from tax cuts that primarily benefit the wealthy and profitable corporations, meaning there is too little left to invest in education and other building blocks of a strong economy.

Also troubling is the Governor’s use of changes to the budgeting process to mask the state’s inability to keep up with growing needs. It’s wrong to abandon longstanding practices that have served North Carolina well just to avoid debate over failed tax policies. Budget tricks won’t hide the fact that this will make it even harder in the future to promote broad prosperity.

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