Commentary, NC Budget and Tax Center

Learn the facts that proponents of more tax cuts often ignore

As the Senate passed yet another round of tax cuts (which would largely go to wealthy people and companies), proponents tried to claim that past tax slashing has fixed our economic wagon. Not so fast. Hard numbers and lived experience tell us that several years of tax cuts have not addressed North Carolina’s most pressing economic problems.

A job does not guarantee escape from poverty or that people can afford the basic necessities.

Economic mobility is more myth than reality.

There still are not enough jobs for everyone that wants to work.

 

Check Also

Tip-toeing in the right direction: Gov. Cooper’s budget expands economic, cultural & environmental investments

Governor Cooper’s first budget for Natural and Economic ...

Top Stories from NCPW

  • News
  • Commentary

As the N.C. House puts together its budget this week, the same thought is on the minds of representa [...]

Wednesday was the 63rd anniversary of the Brown v. Board of Education ruling, the milestone U.S. Sup [...]

A Q&A with key players ahead of today’s House vote House lawmakers are expected to vote today on [...]

So, the question as always comes down to one of vision. The elected chieftains who decide how much m [...]

2.8 billion---amount in dollars of needs in communities across the state for rebuilding efforts from [...]

The post Crumbs appeared first on NC Policy Watch. [...]

In the past few months, North Carolinians have seen our General Assembly make national news several [...]

Featured | Special Projects

Trump + North Carolina
In dozens of vitally important areas, policy decisions of the Trump administration are dramatically affecting and altering the lives of North Carolinians. This growing collection of stories summarizes and critiques many of the most important decisions and their impacts.
Read more


HB2 - The continuing controversy
Policy Watch’s comprehensive coverage of North Carolina’s sweeping anti-LGBT law.
Read more