LEGISLATIVE BULLETIN: Why Both the House and the Senate are Right on Taxes

LAST WEEK, GOVERNOR BEVERLY PERDUE CALLED FOR REVENUE INCREASES
TOTALING $1.5 BILLION. She has joined a chorus of citizens throughout the state who want the
legislature to raise revenue to avoid devastating cuts to education and human services.
Leaders in both the state Senate and House also see the need to raise revenue. In fact, the tax
proposals from each house, taken together, include all the elements necessary to create a revenue
package that will enable North Carolina to make it through the recession without implementing the
most devastating cuts. Plus, they could give the state a more stable and fair tax system for the
future.

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