Civitas Review

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    NC Senate Offers Budget Compromises, Introduces Taxpayer Bill of Rights to Restrain Spending

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

    The Senate Finance Committee has been quite active these past two days. Late yesterday afternoon, they decided to remove key policy provisions from their state budget proposal. In a response to the House and Gov. McCrory's opposition to the Senate's inclusion of Medicaid reform, sales tax distribution changes and economic incentive measures; the Senate stripped […]

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    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 […]

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    House Bill Introduces Meaningful Spending Reform

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

    House Bill 188 – Taxpayer Bill of Rights – filed yesterday in the House would create a much-needed measure to reform state spending. The Taxpayer Bill of Rights (or TABOR) would amend the state constitution in order to restrict North Carolina's unsustainable growth rate of state government spending. Here's how it would work: The bill would create […]

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