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ICYMI, Keith Larson of WBT radio in Charlotte has an entertaining post in the Charlotte Observer on the House lottery scheme entitled “Some of the nuttiest words I’ve typed in 12 years here.” As Larson notes:

“House Republicans want to give teachers their raise by doubling the advertising budget for the so-called Education Lottery. Yes, I actually typed those words. They are some of the most downright nutty words to come my way in 12 years here but they are true. And you actually did just read them. If they are not some of the most downright nutty words you’ve ever read, then you’re reading really funny stuff.

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The House plan to fund teacher raises with increased lottery revenues continues to meet with widespread derision. ICYMI, the Greensboro News & Record weighed in over the weekend:

“When it comes to raising teacher pay, the state House has almost trumped the Senate for bad ideas.

The Senate offers 11 percent salary hikes, on average, but only for teachers who surrender tenure rights. And about half of the money comes from laying off thousands of teacher assistants.

The House provides 5 percent raises with no strings attached and without eliminating teacher assistants. Unfortunately, to pay for it, the House bets that the state lottery can pull in an additional $106 million next year. To make that happen, it authorizes the Lottery Commission to double its spending on advertising.

What a lesson for our children.

The trouble is, the lottery appeals most strongly to people who can least afford to pay. Furthermore, it provides an unreliable revenue stream. When North Carolina’s participation in a state lottery was debated in 2005, opponents used both arguments. And nearly all Republicans in the legislature voted against it. But Democrats were in the majority then, and they enacted the lottery.

Now, not only do Republican House leaders aim to rely on lottery revenue to fund an ongoing obligation — teacher salaries — they want to drum up more of it….”

Read the rest of the editorial by clicking here.

 

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Raleigh’s News & Observer joins the growing list of voices to condemn the state House’s decision to attempt squeeze more money out of the vulnerable by increasing lottery advertising efforts to raise teacher pay:

“What’s next for Republican leaders of the state House? It’s a tantalizing question because their ideas, or perhaps that should be notions, about what to do to raise teacher pay are truly strange.

Sorry, but it’s hard to take seriously the House’s pay hike plan for teachers. The House’s proposed budget would give teachers about 5 percent more by boosting advertising for the state lottery. The idea is that more advertising will lure more people into the games, and their losses will become the teachers’ gain.

How is Speaker Thom Tillis going to address other revenue shortfalls? A rabbit out of the hat maybe? Or perhaps he’ll charge for a traveling stage show wherein he saws Gov. Pat McCrory in half.

A good many Republicans and Democrats seemed to be doing a double-take when it came out that the lower chamber’s budget figured to bump lottery advertising to 2 percent of sales instead of 1 percent. With more marketing, officials figure, the lottery would bring in substantially more money. The last fiscal year figure for net proceeds was about $480 million.”

Read the rest of the editorial by clicking here.

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The N.C. Education Lottery had an unusual sales pitch today, telling players that hitting it big in 2014 will mean less taxes and more winnings

In a tweet sent out this afternoon, the official state lottery Twitter account pointed out that the state’s new flat 5.8 percent income tax, which eliminated a progressive tax structure where the poorest pay a lower percentage of income taxes than those with higher incomes, is a bonus for lottery winners.

lotterytweet

The tweet links to two news releases put out by the state-run lottery that showcases how a Rocky Mount man with a $1 million Powerball ticket and a firefighter in the western part of the state are paying $7,000 to $12,000 less in income taxes in 2014 than they would have if they won in 2013.

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