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If you’re planning on heading out for a fast food meal today, you might want to check out this petition being advanced by the good folks at the Campaign for America’s Future entitled “Tell McDonald’s to stop buying luxury jets until they pay their workers a l;iving wage.” As the post notes:

“More than half of low-wage workers employed by the largest U.S. fast-food restaurants earn so little that they must rely on public assistance to get by.

McDonald’s is the worst offender, costing taxpayers $1.2 billion in poverty benefits for its employees. McDonald’s claims that they operate on razor-thin profit margins and can’t pay a living wage.

Yet they announced they had bought yet another brand new $35 million corporate jet for their fleet.”

And speaking of fat cats living large while others go hungry, Read More

On Friday of last week, the good people at Together NC delivered an open letter to Gov. McCrory, House Speaker Tillis, Senate President Pro Tem Berger and the other members of the General Assembly regarding the ongoing behind-closed-doors negotiations over the state budget. Here’s the opening:

“We are more than 100 North Carolina groups and thousands more North Carolinians who want to make North Carolina a better place. We aren’t a national organization and we don’t have significant resources to secure your vote; but what we do have is a commitment to our state and a belief that North Carolina can be the best place in the country to live, work and do business if we invest in our schools and communities.

As you negotiate a tax and budget plan this weekend, we urge you to reject the current proposals – they are bad for North Carolinians and bad for our economy. North Carolinians are proud of our state’s long tradition of coming together to invest in families, communities, and our state’s future. That’s why the people of North Carolina have asked for your leadership in identifying solutions to the state’s economic challenges that don’t undermine our neighborhood schools, world-class universities, and safe communities.

Cutting taxes for the rich and profitable corporations is not a job creation strategy and it won’t address our economic challenges. Instead we should be focusing on investments to support emerging research and technology, strengthen new industries, and train and educate our children and workforce for the jobs of the future….

Read the entire letter by clicking here.

This is from this morning’s Fayetteville Observer:

“The state’s fiscal year began last week, but it did so without benefit of a new budget. That’s on hold until the House and Senate can agree on much-needed changes in the tax code.

Unfortunately, the two legislative bodies are miles apart in their tax plans and appear determined to stay that way for a while. Until they settle on the way they’ll tax us, they can’t move forward on the way they’ll spend the money.

The Senate did blink last week. It passed a watered-down version of its tax plan Wednesday. But even that modified bill may be stronger medicine than many state interests want to take. It eliminates corporate income taxes over the next few years and cuts personal income taxes to a flat 5.75 percent.

Legislative analysts conclude that the measure will be most beneficial to the wealthy. Read More

Alexandra Sirota, Director of the North Carolina Budget and Tax Center and the state’s leading independent tax policy expert issued the following brief statement this morning after the House Finance Committee debated and approved legislation to overhaul North Carolina’s tax code:

“This tax plan will provide the wealthiest North Carolinians a tax cut while middle-class and low-income taxpayers pay more.

The only amendment accepted makes things worse — adding $525 million to the price tag and bringing the revenue loss each year to nearly a $1 billion.  Without this vital revenue, North Carolina can’t  make needed investments in our economy, our children’s education, the health of our seniors and the safety of our communities.”  

Click here for a fact sheet with more information on the legislation (HB 998).

Grover NorquistHow low have things sunk in the Raleigh policy debate? This low: A front group for corporations and greedy billionaires is bringing a has-been Washington lobbyist to town to promote higher taxes on poor and middle class North Carolinians and some are calling it a “tax reform” event.

Grover Norquist is about “reforming” tax policy in the same way that Rush Limbaugh is  about “reforming” American political discourse. Norquist is a well-funded bully who has done much to ruin the well-being of the Republic. His most infamous quote — that he wants to shrink government down to the size at which it can be “drowned in the bathtub” bespeaks the hatred and violent underpinnings of his noxious, greed-is-good “philosophy.”  

Norquist will confirm the dishonesty and hypocrisy that lies at the heart of his work today when Read More