Employee Free Choice Act is a critical step to help North Carolina workers

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North Carolina's unionized workers earn better pay and benefits than non-union counterparts; the Employee Free Choice Act would help workers organize North Carolina's low unionization rate partially explains the state's dismal standing in pay and benefits for working families, a new report says – but the federal Employee Free Choice Act is "a [Continue Reading...]


Jobs-Centered Development: The Need for a New Approach

labor

Over the past decade, jobs-centered development has emerged as a promising alternative to the South’s traditional strategies of economic and workforce development. Following the Second World War, southern leaders waged an aggressive campaign to transform the regional economy. To this end, officials mixed public policies with private market forces to create jobs and [Continue Reading...]


State budget drops to lowest level in 13 years after accounting for inflation and population changes

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A study of North Carolina's General Fund reveals the deep impact of the recession on tax revenues. North Carolina government spending per person has fallen to its lowest rate in 13 years, a report released today finds. This provides further evidence that balancing the state budget using cuts alone was simply an impossible [Continue Reading...]


Claims that state tax increases cause job loss are unfounded, report says

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Raising revenue preserves jobs, keeping North Carolina on equal footing with peer states Far from costing jobs, the tax increases passed by North Carolina's legislature are likely to forestall job losses in both the private and public sectors, a new study by the North Carolina Budget & Tax Center finds. Claims that state [Continue Reading...]


Crucial Conversation Luncheon: The Crisis in Corrections

With North Carolina's economy and budget in crisis, state leaders of all political parties and philosophies are demanding – more than ever – a solution to the mushrooming growth in corrections expenditures. Can North Carolina gain control of this unsustainable budget-buster while, at the same time, improving both public safety and outcomes for offenders?  If [Continue Reading...]


Crucial Conversation: The Crisis in Corrections

With North Carolina's economy and budget in crisis, state leaders of all political parties and philosophies are demanding – more than ever – a solution to the mushrooming growth in corrections expenditures. Can North Carolina gain control of this unsustainable budget-buster while, at the same time, improving both public safety and outcomes for offenders?  If [Continue Reading...]


Economic Crisis Hits Some Harder Than Others in North Carolina

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Report outlines policy changes that could aid recovery Assisting families and communities recover is about more than helping North Carolinians find jobs because economic security requires much more than income. Achieving a more stable economic recovery for our state means connecting families to assets such as affordable housing, educational opportunities and savings accounts. [Continue Reading...]


BTC BRIEF: The estimated impact of the Senate’s proposed tax modernization plan and recommendations for improvement

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The Senate Finance Committee’s proposed tax modernization plan would require an additional 0.3% of income ($32 average annually) from the lowest income earners, 0.1% of income ($32 average annually) from middle-income taxpayers and 0.1% of income ($958 average annually) from the highest 1% of income-earners. A new report by the NC Budget & [Continue Reading...]


New Report: Most states are raising revenue to protect public investments

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The vast majority of states facing budget gaps comparable to North Carolina's are raising revenues to protect their economies, a new report finds. In fact, not a single state with a budget gap that size is adopting a cuts-only approach. Even traditionally conservative states such as Georgia are adopting balanced budget strategies that [Continue Reading...]


Between a Rock and Hard Place: NC’s Worsening Budget Gap Calls for Spending Cuts and Tax Increases

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The North Carolina Budget & Tax Center just released a new issue brief looking at the state's worsening budget gap. This budget shortfall is more than 20% of the current state budget which means that NC has the 11th largest projected budget gap for fiscal year 2009-10. This means that the NC House [Continue Reading...]