NC To Squander Surplus
North Carolina's bank account won't just be full when the General Assembly reconvenes this week. It will overflow.
And what do they do with the 'extra' money coming in? They spend it! And why not it's for the...(people, roads, children, etc). The best thing they could do is end the 'temporary' taxes that we the people of NC are forced to pay. Take for instance the 2001 half cent or 12.5% increase in the state sales tax. That temporary tax was for a two (2) year period that is now on it's 5th year. Another temporary tax effects small to mid size businesses in the state and should also be ended. Before budget planners spend any so-called 'extra' money they should do the right thing and end the temporary sales tax. But I doubt that Easley, Black and company will even consider doing the right thing for the NC taxpayer. Business as usual in Raliegh.
Note: I added this post to Church and State's Open Trackback.
posted by David at 12:40 AM :: Permalink ::