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For the record: Some budging on taxes

Posted on June 15, 2009 by Staff

Some members of the North Carolina House have apparently gotten a grip on their senses and are crafting a revenue package to try to lessen what is shaping up to be a devastating array of cuts.

Even if it passes, the extra $784 million raised by the combination of sales taxes, hikes in income tax rates for individuals making more than $200,000 and taxes on services and tobacco will only mitigate the impact of the cuts, not eliminate them.

The sanity found on Jones Street was in the realization that what was proposed so far asked the most of those who could afford it the least and put already fragile lives deeper into jeopardy. The new plan is not perfect, but the distribution of misery is at least slightly more even.

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