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Some of the most damning facts about the state of North Carolina’s tax system and what the most recent changes enacted by state leaders really portend for average families — especially the state’s one-of-a-kind repeal of the Earned Income Tax Credit — were explained at a Budget and Tax Center press briefing this morning. This is from a statement the group released after the event:

“The tax plan passed by the General Assembly during the 2013 legislative session resulted in a tax shift onto working families. Advocates from around the state joined together on Tax Day to bring awareness to the plan, which is bad for working families, children, business, and the economy. Under the new plan, which will took effect in January 2014 and will impact income tax filing in 2015, low- and middle-income families will see their taxes go up on average, while wealthy taxpayers and corporations saw large tax cuts.   Read More

Richard Burr 2This week’s LOL, through-the-looking-glass moment in conservative politics revolves around the antiquated Senate “blue slip” process whereby home state Senators like North Carolina’s own Richard Burr can unilaterally and without explanation block federal court nominees — even ones they’ve endorsed previously to the President.

As Think Progress contributor Ian Millhiser reports, proposals in the U.S. Senate to temper the rule (as was done previously by Republican Senator Orrin Hatch when he once chaired the Senate Judiciary Committee) are meeting strong resistance from…Senator Orrin Hatch:

“Rolling back the Senate’s so-called ‘blue slip process’ would be ‘disastrous,’ according to an op-ed written by Sen. Orrin Hatch (R-UT) on Friday. Which is somewhat of a surprising position for Hatch to take, since he largely abandoned this blue slip process in 2003. Read More

This morning’s lead editorial in Raleigh’s News & Observer gets it right in its characterization of the push by state legislative leaders to plow ahead with their school voucher scheme despite the certainty of lengthy litigation over the issue and the existence of a court injunction against it:

“It really is time to stop calling those who run the N.C. General Assembly conservatives. They are not conservative. They are reckless.

There’s a long list of actions that demonstrates their disregard for what defines the truly conservative. They hand out extravagant amounts to the wealthy in tax cuts and leave the state strapped for basic services. They turn down billions of dollars in federal support for the jobless and the health needs of the working poor. They ignore the principles of sound investment by cutting spending on public schools and higher education. They trample constitutional ideals regarding voting rights and civil rights. They shirk their obligations to be careful stewards of the environment.

The list could go on, but the case is concisely illustrated in the latest turmoil over school vouchers.” Read More

ff-8292013It’s depressing as hell, but everyone who cares about North Carolina public policy should make this new report by the N.C. Budget and Tax Center’s Cedric Johnson: “Who Pays in 2014″ a part of their Tax Day reading list.

As Johnson reports:

“Changes are coming to who pays taxes in North Carolina, and the news is not good for middle- and low-income taxpayers. This tax season marks the final year taxpayers will file their income taxes under the state’s old tax code and by next year it will be apparent to many taxpayers that the tax plan has not just reduced available dollars for investing in core public services, but also has increased the tax load for many. Read More

Mitigation costs for 450 ppm

Global mitigation costs for stabilization at a level “likely” to stay below 2°C (3.6°F). Source: IPCC 2014 and www.thinkprogress.org

There’s more compelling evidence today — both around the world and here in North Carolina — of the urgent need to move to world economy off of its addiction to the heroin of fossil fuels. Moreover, as this story from the good people at Think Progress reports, such a shift can occur with only a minor economic hit if we act now.

“The U.N. Intergovernmental Panel on Climate Change (IPCC) has just issued its third of four planned reports. This one is on ‘mitigation’ — ‘human intervention to reduce the sources or enhance the sinks of greenhouse gases.’ Read More