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Even if he doesn’t (as is rumored) become Governor-elect McCrory’s budget director, Art Pope will be a power.
So – despite its disclaimers – let’s assume the Civitas Institute channels Pope’s thinking when it proposes doing away with the state income tax and replacing it with a broader sales tax.
And let’s assume that McCrory and the Republican legislature have the votes to pass whatever they want.
The question is whether they will pave the way for a Democratic revival.
Yes, McCrory looks strong today. And, yes, the Republicans artfully and ruthless gerrymandered the districts.
But public opinion is a powerful thing. And politics is an unpredictable thing.
Last week, Senator Josh Stein of Raleigh spelled out the Democratic response in a speech to NC FREE.
Noting that the personal income tax generates half of the state’s revenue, or $10 billion, he said:
“If the legislature abolishes, or even cuts in half, the personal income tax, either way, the resulting state sales tax rate required to replace that revenue would be the highest in the nation….
“To pay for the elimination of the personal income tax, the amount of taxes paid by the bottom half would go up whereas the amount paid by the top half would go down, with the greatest savings reserved for the top 1 percent….
“All you have to do is ask yourself whether you believe that the General Assembly (or any other representative body for that matter) would have the stomach to impose $5-10 billion in new taxes to offset the income tax cuts in order to make the plan revenue neutral.”
What might happen instead, Stein said, is “the further defunding of public education” – preschool, public school and the university system.
A similar message worked well for President Obama this year. And Romney wasn’t proposing to raise sales taxes or slash education.
Given gerrymandering, GOP legislators might survive politically. Unhappy voters’ only recourse would be to elect a new Governor in four years.
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# dap916
Wednesday, December 19, 2012 6:26 PM
The following has absolutely NOTHING to do with what Gary posted here....but, since Gary and Carter let swinney post anything and everything he wants on every single front page presentation, I'm gonna post this here.

What do you think about what's said in this, swinney? Please...respond if you can without just doing a "copy & paste" of something sent to you from some extremist far left site:

TOP-10 " Only In America " Observations by a Canadian

1) Only in America, could politicians talk about the greed of the rich at a

$35,000.00 a plate campaign fund-raising event.

2) Only in America, could people claim that the government still

discriminates against black Americans when they have a black President, a

black Attorney General, and roughly 18% of the federal workforce is black

while only 12% of the population is black.

3) Only in America, could they have had the two people most responsible for

our tax code, Timothy Geithner, the head of the Treasury Department and

Charles Rangel who once ran the Ways and Means Committee, BOTH turn out to

be tax cheats who are in favor of higher taxes.

4) Only in America, can they have terrorists kill people in the name of

Allah and have the media primarily react by fretting that Muslims might be

harmed by the backlash.

5) Only in America, would they make people who want to legally become

American citizens wait for years in their home countries and pay tens of

thousands of dollars for the privilege while we discuss letting anyone who

sneaks into the country illegally just 'magically' become American citizens.

6) Only in America, could the people who believe in balancing the budget and

sticking by the country's Constitution be thought of as "extremists."

7) Only in America, could you need to present a driver's license to cash a

check or buy alcohol, but not to vote.

8) Only in America, could people demand the government investigate whether

oil companies are gouging the public because the price of gas went up when

the return on equity invested in a major U.S. oil company (Marathon Oil) is

less than half of a company making tennis shoes (Nike).

9) Only in America, could the government collect more tax dollars from the

people than any nation in recorded history, still spend a Trillion dollars

more than it has per year - for total spending of $7-Million PER MINUTE ,

and complain that it doesn't have nearly enough money.

10) Only in America, could the rich people - who pay 86% of all income taxes

- be accused of not paying their "fair share" by people who don't pay any

income taxes at all.

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