Jobs and the Economy: Focus of NCGA and NC Gov?

When Republicans took control of both North Carolina legislative chambers after the 2010 election, they advanced an agenda driven by big contributors, not good policies designed to help working people. Among the initiatives, they cut worker’s compensation benefits, diminished the rights of negligently injured patients, gave multi-state corporations multimillion dollar tax breaks shifting a greater tax burden to the middle class, and ran a social agenda with a Constitutional Amendment about marriage and legislation affecting women and their healthcare.

In the midst of a weak recovery on the backside of a recession, while making cuts to education and jobs, the Republican Legislature gave multi-state corporations (not local corporations) a $38 million tax break based on nothing more than an accounting entry. Sixty-five percent of NC C-corps already do not pay income taxes according to the State Revenue Department. This latest move shifts additional burden of paying for schools and other government services to the middle class. There was no indication that adding this additional tax loophole would create or retain jobs, or result in any single new business locating in NC.

As we approach the election of 2012, it appears the Republicans are poised to retain the NCGA and take the Governor’s office so it is time to ask the question: Will they address jobs and the economy or continue their agenda of the past two years?

Jeanne Milliken Bonds is a PR Consultant and Political Analyst, NC Spin Commentator

NC Spin: Cross Post

Will Jobs and the Economy be the focus of a new General Assembly and Governor in 2013? NC SPIN Balanced Debate for the Old North State


About jeannemillikenbonds

Former Mayor, Former Special Assistant to NC Chief Justice. PR Consultant, Government Relations Professional, Commentator, Political Analyst Passionate about all things NC, especially politics.
This entry was posted in Economy, Jeanne Bonds, Jeanne Milliken Bonds, Jobs, NC Politics, NC Spin and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s