Be sure to check out Chris Fitzsimon’s “Monday Numbers” column this morning. It will quickly disabuse you of any notion that North Carolina’s hard turn to the political right has been helpful to the state’s key indicators of success. For instance:
1.1 billion—amount in dollars of the latest estimate of cost of the 2013 tax plan in the 2014-2015 fiscal year by the Institute on Taxation and Economic Policy (Ibid)
66—percentage of tax cut passed by the 2013 General Assembly that will go to the wealthiest one percent of North Carolinians (“Final tax plan pits at risk what makes North Carolina great,” N.C. Budget & Tax Center, August, 2013)
940,000—amount in dollars of annual income of wealthiest one percent of North Carolinians (Ibid)
14.5—percentage reduction in per pupil spending in North Carolina from 2007-2008 to 2014-2015 when adjusted for inflation (“Most States Still Funding Schools Less Than Before the Recession,” Center on Budget and Policy Priorities, October 16, 2014)
Read the entire column by clicking here.