Regarding the April 16 Point of View “ NC tax reform and flusher families”: First, it is Art Pope’s responsibility to manage the state’s budget, not to set policy or to advocate a particular agenda. He fails to point out that the wealthy will reap far more from the recently enacted tax cuts than will those of modest means, including the working poor, public school teachers and most state employees.
Moreover, the drop in state revenue, which will not be made up by new investment, will make it extremely difficult for the state to fund at appropriate levels such crucial services as public education, mental health care and environmental protection. This kind of economic policy has been a disaster on the federal level.
On the other hand, increases in government spending can strengthen economic growth, thus improving the lives of most residents. Until recently, our state government employed a somewhat graduated income tax, based on one’s ability to contribute to the well-being of all, to garner much of its revenue. We need to return to that approach.
Maurice C. York