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New report: Data center subsidies are a bad deal for North Carolinians
As data centers rapidly expand across North Carolina, a new report from the NC Budget & Tax Center finds that taxpayers are subsidizing one of the world’s most profitable industries while receiving little in return. The report concludes that data center tax subsidies cost the state and local governments hundreds of millions — and eventually…
North Carolina’s data center subsidy problem
Big tech is investing billions of dollars into data centers and the infrastructure needed to support the buildout. Meanwhile, instead of regulating this highly extractive industry and making corporations pay what they owe, some North Carolina lawmakers continue to slash away at income tax rates and barrel ahead to eliminate the corporate income tax entirely…
Our take on bills filed this session by NC General Assembly
We’ve been tracking all the bills filed over the 2025 and 2026 biennial budget session and wanted to share with you our take on: Bills that have the potential to fund a better future Bills that make people’s lives easier today Bills that advance an important goal for NC but by design fall short Bills…
Inflation Reduction Act: A Lost Opportunity to Advance Environmental Justice in NC
No matter what we look like or where we come from, we all need the freedom to drink clean water, breathe safe air, and live in healthy communities. To that end, the Inflation Reduction Act (IRA) of 2022 marked a historic investment to advance a variety of climate and energy goals, including: Accelerating the transition…
No more tax cuts: Western North Carolinians deserve a budget that prioritizes people
It’s been one year since Hurricane Helene first hit Western North Carolina on Sept. 27, 2024. With so many recovery needs still yet to be addressed and so little help from the federal government, it’s time for the state legislature to pass a budget that prioritizes people and stops cutting taxes. Helene caused an immense…
Fact Sheet: Unmet Housing Needs in Western NC
Hurricane Helene was the most devastating hurricane to ever hit North Carolina. The storm caused an estimated $12.7 billion in residential damage to about 75,000 homes, including both single- and multi-family units. With homeowners displaced and in need of a place to rent – and while the supply of available rentals was reduced – conditions…
Public Comments: NC CDBG-DR State Action Plan
The NC Budget & Tax Center believes that no matter who someone is or where they live, when disaster strikes our government should have the resources, tools, and systems in place to quickly respond and help families, businesses and communities recover. While there are a variety of federal departments, agencies, and programs involved in disaster…
Public Comments: FEMA Review Council Request for Information
The NC Budget & Tax Center believes that no matter who someone is or where they live, when disaster strikes our government should have the resources, tools, and systems in place to quickly respond and help families, businesses, and communities recover. The Federal Emergency Management Agency (FEMA) is the face of disaster recovery for survivors,…
Senate Bill 395: Disaster Relief Eviction Moratorium Act
Download a PDF of this Brief Allows governor to protect renters after natural disaster SB 395 Summary: Gives the governor power to put a temporary eviction moratorium in place though Executive Order during a declared state of emergency, and to use available state and federal funds to provide rental assistance. Evictions compound the harm caused…
North Carolina’s CDBG-DR action and what you can do
North Carolina has published their CDBG-DR Action Plan and is accepting public comments from now until March 20, 2025. Learn about the role of CDBG-DR in disaster recovery and the State’s Action Plan from the National Low Income Housing Coalition and the NC Budget & Tax Center. You should be able to leave here with…