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Statement on the 2024 Governor’s Budget
Governor Cooper’s budget rightly acknowledges that the way to move our economy forward is to focus on the people-the child care workers, entrepreneurs, teachers, and state employees-who every day contribute to the wealth and well-being of our state. Our public money can make child care more affordable, increase pay for a day’s work, and build…
2024 NC County Economic Snapshots released by NC Budget & Tax Center
RALEIGH (March 7, 2024)-Today, the NC Budget & Tax Center (BTC) published our Economic County Snapshots for 2024. Released each year, these snapshots provide at-a-glance information on a variety of economic and social indicators for every county in North Carolina, along with comparisons to state-level data. Data is available is multiple formats for ease of…
Statement from the NC Budget & Tax Center on passage of NC budget
Statement from Alexandra Sirota, Executive Director of the NC Budget & Tax Center Legislative leaders have prioritized the interests of the wealthy few and out-of-state corporations over the people of North Carolina in their final budget. We shouldn’t be surprised by the callous and flawed outcome that results from a process that is blocked from…
Statement on budget developments, Sept. 19, 2023
Statement from Alexandra Sirota, Executive Director of the NC Budget & Tax Center Once again, state leaders are gambling with people’s lives and our state’s future. They are breaking their promise to provide health care to hundreds of thousands of North Carolinians as part of the state budget – now tying Medicaid expansion to casino…
NC budget & Tax Center releases analysis of new poverty data
NC budget & Tax Center releases analysis of new poverty data North Carolina’s poverty rate declined but median household income hasn’t kept up with rising prices Note: The NC Budget & Tax Center will be adding charts and graphics to this page throughout the day. Poverty statistics released today show the continued importance of policy…
NC Budget & Tax Center Statement on 2023-2025 Senate Budget
The Senate budget released today confirms that NC Senate leaders will stop at nothing to divert the wealth our work creates to the wealthy and big profitable corporations through eventual elimination of the income tax. By once again scheduling income tax cuts into the future for the benefit of the very wealthy, they hope that…
This Tax Day, people in NC want the wealthy, corporations to pay what they owe
This Tax Day, people in NC want the wealthy, corporations to pay what they owe (Thursday, April 18) — This Tax Day, North Carolinians across the state are demanding that policymakers prioritize families, communities, and our state’s well-being, not rigged taxes for the wealthy and profitable corporations. North Carolinians overwhelmingly agree that ensuring working families and local…
NC Budget & Tax Center Statement on 2023-2025 House Budget Proposal
The budget proposal released yesterday shows that House budget writers would limit spending to prove an ideological point rather than fulfill their responsibility to fund the public schools, public health, and public parks that can deliver well-being to everyone in NC and propel our economy and communities forward.
Statement from Alexandra Sirota, Executive Director of the NC Budget & Tax Center, on the Governor’s budget proposal
Statement from Alexandra Sirota, Executive Director of the NC Budget & Tax Center, on the Governor’s budget proposal (Wednesday, March 15) — 2023 is a year when North Carolina can and must lay the foundation for a better future. The Governor’s budget provides important guideposts to measure our progress forward together: the necessary collective commitment to…
NC advocates support introduction of bill to halt corporate income tax elimination
Advocates and organizations around North Carolina applauded the introduction of the Make Corporations Pay Their Fair Share bill in the NC Senate and House this week that would halt the phasedown of the corporate income tax in North Carolina at the current rate of 2.5%.