June 20, 2006
10% INCREASE is not a cut
The Democrat-controlled North Carolina House passed a budget for the year. The budget INCREASES spending by over 10%. The budget that the state will spend is $18,900,000,000.00 (18.9 Billion). That is 10% MORE than they spent the last year. There were no income tax cuts. Anyone who tells you differently is simply lying.
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Instead, the House voted to INCREASE the individual income tax for some filers from 8% to 8.125%. Sorry folks, that's an INCREASE, not a tax "cut."
They also claim that there's no pork -- but there's not a government in the country that is spending tons of cash on pork. $6.3 million on "early intervention" projects -- taken from tobacco settlements.
More to come later this week...
Posted by: Ogre at
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