Civitas Review

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    Dec
    05

    Time to Jump off the "Spend and Tax" Roller Coaster

    Posted in Budget & Taxes By Brian Balfour | Tagged , , , ,

    This new Civitas article discusses more reasons why North Carolina needs a Taxpayer Bill of Rights (TABOR). In short, long-term state budget trends look like a roller coaster: long, dramatic climbs¬†followed by¬†sudden drops. When times are good and revenue is flowing, state lawmakers aggressively expand the state budget. Then when recession hits, panic sets in […]