The North Carolina Housing Coalition (NCHC), an NLIHC state partner, has joined with more than 120 non-profit organizations, service providers, and grassroots advocacy groups to form the budget and tax coalition, Together NC. For the past four years, Together NC has been fighting for budget reform and against cuts in healthcare, social services and public education.
The coalition proposes several ways to increase state revenue without overburdening lower income households. Among their proposals is reforming or completely repealing itemized deductions for North Carolina’s top 3% to 4% of income earners, reforming state corporate income tax, applying sales tax to more services, and reforming the amount of income tax paid by low and moderate income families. These reforms would expand the number of residents receiving tax cuts to 50% of North Carolinians, increase state income tax collections by approximately 4%, and provide hundreds of millions of dollars in new revenue each year.
On the same day as Gov. Perdue’s press conference, and on the eve of the new General Assembly session, the coalition launched an online video campaign highlighting the benefits of public investments and urging North Carolina residents to call their state representatives. The video is the first step in the coalition’s social media campaign effort and will be followed by statewide rallies and phone banks.
Previously, Together NC sent a letter to the governor requesting she avoid the “cuts-only” approach and released poll results showing that over 70% of North Carolina residents support the modernization of the tax revenue system. The poll, conducted by Public Policy Polling, is the first statistically significant poll of the year showing overwhelming support for raising revenue for public services.
“At a time when more and more North Carolinians are in need, approaching the state’s deficit through budget cuts only would have devastating impacts,” said Chris Estes, Executive Director of NCHC and Together NC Steering Committee Member. “We applaud the governor for considering common sense reforms to a tax system that has not been reformed since the 1930s. We urge legislators to support vital public structures by leveling the playing field for taxpaying households and businesses.”
For more information, contact Chris Estes at firstname.lastname@example.org.