Topic: Tax Cap Amendment and Education
The General Assembly is considering a Constitutional amendment to permanently cap income tax rates in North Carolina. If approved, it would appear on the November ballot along with other Constitutional amendments being proposed this week. With education making up more than half of the state budget, what impact could this amendment have on the state’s ability to fund public schools, community colleges and universities?
Guests:
Dr. Patrick McHugh, Economic Analyst, Budget & Tax Center
Richard Bostic, Government Relations, NC School Boards Association
Vicki Lee Parker, Executive Director, North Carolina Business Council
Kel Landis, Principal, Plexus Capital
Resources
EdLines
Flurry of education bills
https://www.ednc.org/2018/06/13/legislation-on-cursive-writing-reports-gets-some-additions/
Legislators seek expansion of Innovative School District
http://www.newsobserver.com/news/politics-government/article212593479.html
No movement on school bond
https://www.ncschoolbond.com/
Interview Segments
SB 75 Bill
https://www.ncleg.net/Sessions/2017/Bills/Senate/PDF/S75v1.pdf
Budget and Tax Center Background on SB 75
http://www.ncjustice.org/?q=NoNCcap
NC Business Council
https://www.ncbusinesscouncil.org/
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