NC Budget and Tax Center

Statement from Budget & Tax Center on Income Tax Amendment

Statement from Alexandra F. Sirota, Director, Budget & Tax Center 

Senate Bill 75 passed off the Senate floor today in a move by state lawmakers that once again limits the possibilities for North Carolina. The bill seeks to make an unnecessary amendment to the state Constitution that will harm North Carolina’s future prosperity and the democratic process. 

The proposal will lock in what is essentially a giveaway to millionaires and likely shift the state’s reliance to the sales tax, while also putting more pressure on local governments to raise property taxes. This has always been a bad idea for North Carolina, and it still is.

By placing a low and arbitrary income tax cap into our state constitution, lawmakers are taking democracy out of the budget process. They are aiming to lock in their desired choices and limit the choices of North Carolinians tomorrow, 10 years from now and 100 years from now.  Under this amendment, lawmakers elected by North Carolina’s future voters will not have the tools to meet our state’s future needs.

This unnecessary bill shows a lack of responsibility for the common good. It will make progress impossible on shared goals such as improving teacher pay, ensuring every child is reading by third grade, and providing health and mental care to North Carolinians who need it. The results will be costly for us all and our state.

Check Also

Statement on the House tax bill from the Director of the Budget & Tax Center

Statement on the House tax bill from Alexandra ...

Top Stories from NCPW

  • News
  • Commentary

Nothing is off the table when it comes to Republican judicial reform, and a former Wake County judge [...]

On a cozy autumn evening at the luxurious Umstead Hotel in Cary, a medley of corporate luminaries, s [...]

A fix for North Carolina’s class size crisis in March? A GOP senator from Wake County tells his cons [...]

Back in September, the N.C. Historical Commission put off a decision on removing three Confederate m [...]

Mounting student debt is a nagging problem for most families these days. As the cost of higher educa [...]

Latest racist attacks on immigrants could be an important tipping point As bleak as our national pol [...]

Grand constitutional questions in this country aren’t settled until the Supreme Court has its say, e [...]

The post Gerrymander struck down appeared first on NC Policy Watch. [...]

Upcoming Events

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more