Quote:
Originally Posted by ChocoTaco369
NC is raking in so much revenue YoY the corporate tax cut was triggered for 2017. Corporate income tax is falling from 4% to 3%. Personal income tax also falls from 5.75% to 5.49%, and the standard deduction is rising from $7,500 to $8,000 per person. Most states would love to be "losing revenue" like this.
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All those rosy scenarios are made possible by increases in sales taxes that are paid for by the middle class and poor. Those "Golden Showers" of trickle-down plenty that are supposed to be raining down on the good people of this state, due to the wise decisions made by our "esteemed" legislature, are beginning to smell like stenchy urine!
Since you seem to think the state is now rolling in dough, perhaps the teachers could ask for a raise of $10k ...so that teacher salaries rise to the national average, instead of being at the bottom of the barrel!
Talk about fake news!