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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