NC Budget and Tax Center

Statement on the House tax bill from the Director of the Budget & Tax Center

Statement on the House tax bill from Alexandra Sirota, the Director of the Budget & Tax Center, a project of the NC Justice Center:

“In North Carolina, we have seen how this approach to tax cuts plays out. Some people end up paying more, and everyone loses from diminished investment in their community and an economy that fails to get a boost. Federal pursuit of yet another failed tax-cut experiment will make our state challenges even worse by shifting costs to our state and leading to cuts in services. Our federal delegation should step up in this process, urging careful debate of any tax plan and rejection of one that grows the deficit, gives massive tax breaks to the wealthy and forces cuts to programs that build a pathway to the middle class for millions of Americans.”

Click here for more information about the impact of the proposed federal tax changes. 

Check Also

Budget & Tax Center Statement: Passage of this budget is a new low for North Carolina

Statement from Alexandra Sirota, Director of the Budget ...

Top Stories from NCPW

  • News
  • Commentary

As LGBTQ state employees and dependents struggle to restore State Health Plan coverage for transgend [...]

About a quarter-mile off NC 177 in Richmond County, just north of Hamlet, skeletons of buildings gou [...]

The North Carolina courts have a lot to celebrate after Tuesday night – voter turnout in statewide j [...]

While Congressional and General Assembly races got most of the election headlines this week, history [...]

Despite the manufactured panic of the migrant caravan, despite the midterm’s so-called “referendum o [...]

The 2018 election may finally be in the rear view mirror, but for better or worse, the next battle o [...]

The first thing Gov. Roy Cooper did after he reported for work on Wednesday, Nov. 7, was to order up [...]

The post The GOP’s Supermajority appeared first on NC Policy Watch. [...]