Federal Budget & Tax

TAKE ACTION! Your voice is needed now in the debate over our country’s priorities: Use your voice to force the Senate to slow down and reject an approach to federal taxes that will hurt our state and our economy.

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ABOUT OUR FEDERAL BUDGET & TAX WORK

State level decisions are often impacted by what is going on at the federal level.  Particularly important in the current federal debate with significant implications for North Carolina are discussions of deficit reduction and tax policy, most specifically the Bush Tax Breaks. 

Federal Tax Policy – The country, like the state, is in need of revenue reform that can improve the alignment of the tax system with ability to pay and ensure that investments can be made to support the economic recovery and a strong economy moving forward.  Key to progressive federal revenue reform will be eliminating the Bush-era tax cuts for those earning more than $250,000. The Budget and Tax Center analyzes the federal tax system, its progressivity and adequacy, and how it impacts North Carolinians.

Deficit Reduction – Deficit reduction has been a significant part of the public debate in recent years.  The Budget and Tax Center analyzes deficit reduction proposals with an eye to their impact on North Carolina and communicates with and informs partners and North Carolinians about the importance of these federal discussions to their everyday lives.