Economic growth has given the General Assembly $2.4 billion more to spend. Higher sales and income taxes have contributed to this surplus. The Senate adds $1.4 billion in new spending, and relies on nonrecurring revenues for $400 million in new recurring obligations. Drawing on the John Locke Foundation’s Freedom Budget 2005, this paper offers an alternative budget that would end the sales tax and income tax increases from 2001, eliminate Medicaid’s burden on counties, and keep spending growth to 4.3 percent – all within the limit of population growth and inflation.
-
Budget, Taxation, and the Economy
-
Education
- Apprenticeships
- Charter Schools
- Child Care
- Childhood Health and Nutrition
- Class Size
- Common Core State Standards
- Education and the Workforce
- Education Facilities
- Federal Education Policy
- Higher Education Funding
- North Carolina Education Lottery
- Prekindergarten Education
- Public School Finance
- School Choice
- Standards and Curricula
- Teaching Profession
- Testing and Accountability
- Virtual Schools
-
Government Regulation
- Alcohol Policy
- Asset Forfeiture
- Connectivity and Broadband
- Convention and Event Centers
- Criminal Law Reform
- Electricity and Energy
- Emerging Ideas and the Sharing Economy
- Eminent Domain
- Government Accountability
- Occupational Licensing
- Public Transit
- Publicly Funded Stadiums
- Red Tape and Regulatory Reform
- Transportation Planning
-
Health Care
-
North Carolina Info