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Statement Against State Constitutional Amendments on the November Ballot from Alexandra Sirota, Executive Director of the NC Budget & Tax Center
The NC Budget & Tax Center opposes both proposed constitutional tax amendments on North Carolina’s November ballot, as well as the proposed photo identification requirement for voting. North Carolina’s Future is at Stake These ballot measures would put a limit on our future. Taken together, these state Constitutional changes prevent elected officials from making good…
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…
1 Year After H.R. 1, North Carolina Budget Leaves Families and Counties to Pay the Price
Budget approved by state lawmakers fails to fund new SNAP costs while continuing tax cuts that primarily benefit wealthy households and profitable corporations RALEIGH, N.C. — One year after H.R. 1 was signed into law, North Carolina lawmakers have approved a state budget that compounds the federal law’s harm. H.R. 1 made historic cuts to…
Statement on Legislative Budget by Alexandra Sirota, Executive Director of the NC Budget & Tax Center
A budget that continues tax cuts primarily benefiting the richest North Carolinians alongside highly profitable corporations and their out-of-state shareholders is a bad budget for North Carolina. After a full year without a state budget — and the real harm caused by delaying planning, disrupting contracts, and reducing services for families, businesses, and communities across…
New Poll: North Carolinians want lawmakers to fund families’ priorities, not more tax breaks for the wealthy
Majority say the economy is moving in the wrong direction, state policies benefit the wealthy, and tax cuts have not delivered for everyday people RALEIGH — A new poll finds that North Carolinians believe the state’s economy is moving in the wrong direction for everyday people and that state economic policies are more likely to…
Statement on NC House passage of Constitutional Amendments in Bad Budget Deal
From Alexandra Sirota, Executive Director of the NC Budget & Tax Center: Lawmakers are advancing constitutional amendments that would lock North Carolina into an economy designed to benefit wealthy households and profitable corporations while making it harder for everyone else to afford life, build security, and get ahead. These amendments are part of a bad…
Statement on passage of Senate Bill 1080 from Alexandra Sirota, Executive Director of the NC Budget & Tax Center
Senate leaders are moving quickly to ram through a bad budget deal for North Carolina, including an income tax cap that would constrain the primary source of revenue for the state’s General Fund and limit one of the taxes most aligned with people’s ability to pay. In debate, Senate proponents play down the fiscal problems…
10 reasons NC’s income tax cap amendment is a bad deal for the state’s future
As lawmakers move quickly to advance a constitutional amendment that would cap North Carolina’s income tax rate at 3.5%, North Carolinians should look beyond the political framing of “tax relief” and ask a bigger question: What would this amendment mean for North Carolina’s long-term economic future? The proposed amendment is part of a broader, bad-deal…
Statement on budget deal from Alexandra Sirota, Executive Director of the NC Budget & Tax Center
North Carolinians need leaders who understand the real pressures families and communities are facing and who are willing to adapt when the facts demand it. Instead, this budget deal, hatched behind closed doors, reflects an increasingly rigid ideology and a pattern of intentional neglect — underfunding public needs, giving tax breaks to the wealthy while…
Statement on property tax amendment from Alexandra Sirota, Executive Director, NC Budget & Tax Center
Today, the NC General Assembly House Finance Committee voted to advance House Bill 1089, a constitutional amendment ballot measure that would limit the ability of local governments to raise property tax revenue. Across-the-board limits like this do not target relief to the people who need it most. Instead, they often provide the greatest benefit to…