One of the ten planks of Karl Marx’s Communist Manifesto is “Centralization of credit in the hands of the State.” Apparently of like mind is North Carolina state Senator Ellie Kinnaird (D-Orange), primary sponsor of Senate Bill 150, Study State-Owned Banks. Basically, the “state-owned bank” would take taxpayer dollars, then loan these funds to select [...]
Last night, the North Carolina state Senate unveiled its two year state budget proposal. Total spending included for FY 2013-14 comes to $20.58 billion, which would be roughly $400 million higher than the current year’s budget, good for a 2.3 percent increase. The Senate’s plan is about $17 million less than Gov. McCrory’s budget proposal [...]
Last week a House committee approved TABOR legislation that would place limits on the annual growth rate of the state budget. Much has been said in favor and opposition of such legislation. Take the quiz below to test your TABOR knowledge.
Government doling out taxpayer dollars to politically-connected businesses is bad enough, but this week’s Bad Bill of the Week takes that concept to even lower depths. HB 797, Business Facilities Development, sponsored by Reps. Charles Jeter (R-Mecklenburg), Paul “Skip” Stam (R-Wake), and Tom Murry (R-Wake), would extend government-subsidized loans to groups of unelected and unaccountable [...]
May 8, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org RALEIGH – A new poll by the Civitas Institute reveals strong support for tax reform like the new Senate plan for revamping North Carolina’s tax code. “There is strong support for tax reform that lowers and flattens the personal income tax while expanding [...]
For savers, compounding interest can be a great thing. It helps to accelerate the rate of increase of your money in the bank. For state budgets, however, the concept of compounding budgetary increases can rapidly create out-of-control spending obligations. For state budget writers tempted to think it safe to increase spending by, say, 4.5 percent [...]
Agriculture is still considered vital to North Carolina’s economy, but how big of a role does it play, and what are the key drivers of NC agriculture? Test your knowledge with this week’s Civitas Quiz.
Gamblers on a losing streak often resort to desperately making riskier bets to try to make up for their previous losses – a move that rarely pays off and which usually leaves them even poorer. Senate Bill 558, Treasurer’s Investments, appears to mimic the risky behavior of the desperate gambler. Sponsored by Sen. Ralph Hise [...]
May 2, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org Raleigh — Results from the Civitas Institute’s latest poll show overwhelming opposition to North Carolina’s program of taxpayer-funded political campaigns. “These latest poll results continue a trend of consistently high opposition to taxpayer funds being used to finance political campaigns,” said Civitas Policy [...]
House Resolution 836, Support Restoration of Glass-Steagall Act, is a fact-free proclamation seeking to perpetuate a harmful myth surrounding the financial collapse of 2008. Sponsored by Reps. Jeff Collins (R-Nash), Mitchell Setzer (R-Catawba), Robert Brawley (R-Iredell), and Rodney Moore (D-Mecklenburg), the Resolution would have the General Assembly urge “the United States Congress to enact legislation [...]
April 25, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org RALEIGH – A new poll by the Civitas Institute examined North Carolina registered voters’ attitudes about key political leaders. The poll of 600 registered voters was taken April 20-22, and had a margin of error of plus-minus 4 percent. “Gov. Pat McCrory continues [...]
North Carolina's state budget is discussed among politicians in the capitol. Take Civitas Institute's online interactive quiz and see how much you know.
April 9, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org RALEIGH – A new internet commercial from the Civitas Institute regarding tax reform has garnered thousands of views in less than two weeks. The video touts the benefits to hard-working North Carolinians from the elimination of the state income tax. The 30-second spot [...]
In the second and final part of this Civitas video interview with Dr. William C. Padgett regarding North Carolina's Certificate of Need (CON) laws, Dr. Padgett discusses the multiple benefits an appropriate assisting living facility would bring to his community. These benefits are being denied, however, by the state's CON laws. Dr. Padgett concludes by urging state lawmakers to form a study committee to seriously evaluate the negative impact CON laws have on the provision of appropriate facilities for North Carolina's elderly and frail population.
April 3, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org RALEIGH – A new poll by the Civitas Institute examined North Carolina voters’ views of state and national leaders. Among the key points, Gov. Pat McCrory holds a strong favorability rating, with 56 percent of voters holding a favorable view, and 25 percent [...]