Archives by: Alexandra Forter Sirota

Alexandra Forter Sirota

Alexandra Forter Sirota's articles and posts

Other Voices Top Story

New report: Income tax amendment would put schools, transportation, public health at risk

A new report from the North Carolina Budget and Tax Center finds that imposing an arbitrary income tax cap in the North Carolina constitution could fundamentally compromise our state’s ability to fund our schools, roads, and public health, as well as raise the cost of borrowing.

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Must Reads News Top Story

New report explains why North Carolina should not give corporations yet another round of tax cuts

Big corporations and wealthy executives have been on quite a run. Corporate profits are at historic levels, stock prices are through the roof, and plush executive pay has become the norm. At the same time, corporate taxes have been slashed both here in North Carolina starting in 2013 and last December at the federal level.

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News Top Story

New report: The disastrous impact for NC of not renewing the DACA program for young immigrants

Congress has just a few days left this month to enact legislation that would address the immigration status of at least 1 million immigrants who arrived in this country as children after President Trump announced in September his plans to end the Deferred Action for Childhood Arrival (DACA) program. Failure to act will mean that beginning on March 6, 2018, 915 people on average will fall out of DACA status each day.

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Progressive Voices Top Story

Déjà vu: Another tax plan for the rich

President Trump and Congressional Republicans aim to rebrand enormous tax cuts for the wealthiest households and corporations as a boon to everyday Americans – but North Carolinians, in particular, should recognize this canard. We have heard it before in defense of state-level tax changes that have yet to pan out and that each day cause us to miss opportunities to boost our communities’ well-being.

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Must Reads Top Story

Update from Washington: What’s at risk for NC as CHIP, Trump tax plan take the stage

With the effort to repeal the Affordable Care Act now on hold for the time being, Congress is turning its attention to other matters that have the potential to have significant impacts on North Carolina. The following essays from N.C. Budget and Tax Center experts Luis Toledo and Alexandra Sirota examine two that rank high on the list -- re-authorization of the Children's Health Insurance Program and President Trump's proposed tax cut plan.

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Must Reads Top Story

What you need to know about the new state budget

Lawmakers miss opportunities for progress; double down on austerity and trickledown economics

Lawmakers have passed a new state budget that will serve as a roadmap for how North Carolina will operate for the next two years — unfortunately, this roadmap has numerous potholes and an unclear destination. It does not reflect the spending decisions that can drive better economic outcomes or strengthen the connection to opportunity for every community across the state.

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Progressive Voices Top Story

How tax cuts in North Carolina undercut North Carolina’s middle class

It appears that our state’s final days of debate over the state budget will have failed to engage with the most relevant data point for North Carolina’s middle class:  The typical worker is paid less each hour today ...
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Progressive Voices

Five important uncertainties for N.C. that make this no time to double down on tax cuts

Today at 1:00 p.m., the North Carolina Senate Finance Committee will take up the Senate’s latest tax cut proposal – a bill that flies under the dubious official title: “Billion Dollar Middle Class Tax Cut.” As was explained in this space earlier this week, there are a number of important reasons why new income tax cuts are a bad idea for North Carolina at this time – not the least of which are: a) their proven ineffectiveness in stimulating the economy and b) the fact that they will further shift the responsibility for funding government away from the wealthy and profitable corporations and onto individuals of low and moderate income.

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Progressive Voices

Still walking the path to zero

North Carolina Senate leaders continue to march our state down the path to a zero income tax. That goal was set by powerful outside interests who wanted North Carolina to follow their plan to establish a “tax free South.” It is a goal without purpose other than to eliminate the programs and services that have connected more people and places to opportunity over the years. It is not an economic strategy that works for our state or any other.

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Must Reads Top Story

Governor Cooper’s budget: Pragmatic progress, but past GOP tax cuts remain a big problem

North Carolina Governor Roy Cooper unveiled his proposed two-year budget plan today. The Governor touted his proposal under the heading “Common Ground Solutions” and stated that it would make “critical investments in education, health care, economic development and public safety…without raising taxes or fees, cutting services, or borrowing from special funds.”

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