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N&O Article Misleads on Unfunded Liabilities

Fully funding these obligations would cost taxpayers more than $4.2 billion per year—and that number would grow annually. The $4.2 billion would be about 18 percent of the state’s current $23.9 billion General Fund budget. That amount would be more than the state’s share of its Medicaid program, or more than total state spending on the UNC System and Community Colleges combined. KEEP READING

Lowering the Tax Cap is a Step in the Right Direction

The objective of lowering the tax cap is to limit the state’s taxation powers. When the Left claims that this threatens the state’s stability in recessions, they are implying that their high-tax fiscal policies are an effective solution. That is clearly not the case, as the 2008 recession illustrated. KEEP READING

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NC Public Policy Series

Learn the facts about important state legislation with Civitas’ Public Policy Series. Packed with data and historical references, these guides capture the important details of NC policy dating back to 1985.

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