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Five damning truths about the state Senate’s deceptive tax bill
North Carolina’s conservative Senate leadership are grossly exaggerating the benefits of a new bill in a clear attempt to fool the public. Senate sponsors claim their rewrite of HB 334, the JOBS Grants and Tax Relief bill, will assist businesses most in need with grant funding and proposed tax cuts to corporations will trickle down […]
For an effective and equitable recovery, NC must direct dollars to hardest hit local governments
The last downturn in North Carolina — the Great Recession — resulted in a slow and geographically concentrated recovery that never fully reached all counties by the time COVID-19 hit. At the conclusion of 2019 and the pandemic’s subsequent onset, 42 of the state’s 100 counties still had fewer jobs than before the Great Recession. […]
North Carolina’s tax changes miss the mark … again
The socio-economic hardships that individuals have battled with since COVID-19’s arrival are well-documented. The state of North Carolina and federal government have made investment decisions and developed new programs over the past year to reverse negative outcomes and jump-start recovery. Unfortunately, many efforts have been plagued with inequities that prolong the recovery process and exacerbate […]