NC Budget and Tax Center

The top 3 reasons why the Senate Tax Plan is bad for North Carolina

The U.S. Senate is planning to vote on its proposed tax bill next week. In this season of giving, a time when communities are coming together and donating their time and resources to ensure that everyone has food on the table and a roof over their heads, the proposed Senate tax plan would do just the opposite – asking low- and middle-income families to foot the bill for enormous tax cuts to high-income households and corporations.

Below is an infographic from the Budget & Tax Center that shows the top 3 reasons why this tax plan would be bad for North Carolina.

Luis A. Toledo is a Public Policy Analyst for the Budget & Tax Center, a project of the North Carolina Justice Center.

Check Also

The possibility of a government shutdown was avoidable

For those of us digging out of the ...

Top Stories from NCPW

  • News
  • Commentary

By the time Phillip Armachain was arrested last year, the 50-year old man from Cherokee had for year [...]

When the N.C. General Assembly’s top staffer announced plans last week to roll out sexual harassment [...]

It took five deadlocked votes along party lines and a failed suggestion to draw names from a hat for [...]

Late March is prime spring planting season in North Carolina, and this year, as part of his personal [...]

Ordinary Americans – those of us not allowed to know the secrets of high-level espionage work – at t [...]

Though they are sometimes dressed up in prettified language about “freedom” and “choice” and “market [...]

The post The apple doesn’t fall far from the tree appeared first on NC Policy Watch. [...]

In the aftermath of recent action by state lawmakers to back down from their previously enacted unfu [...]