All tagged democrats

Senate passes sweeping tax cut package with 8 Democrats on board

The North Carolina Senate passed a Republican-led tax reform package Wednesday evening in a quick, 36-14 vote that drew eight Democrats to cross the aisle and vote in favor of the bill. House Bill 334 would raise the standard deduction from $21,500 to $25,500 for joint filers, which would take about a quarter of a million of the lowest-income North Carolinians entirely off the tax rolls. It also reduces North Carolina’s flat income tax rate for remaining taxpayers from 5.25% to 4.99%.

Conspiracy theories damage democracy

For weeks after the ballots were counted, supporters of the defeated presidential candidate insisted the election had been stolen. Some alleged a shadowy conspiracy to rig vote-counting machines, throwing out just enough legal votes and manufacturing just enough illegal ones to decide the outcome.

Due to GOP tax policy over the past decade, in other words, North Carolina’s state sales-tax burden went down, not up, by hundreds of millions of dollars a year. Alas, some of this effect was offset by increases in county sales taxes. Who is responsible for those hikes? Democrats, overwhelmingly. Democratic politicians authorized those sales-tax referenda and Democratic voters were most likely to favor them.

BJ Murphy: Killing the American Dream One Stimulus Check at a Time

Whatever happened to tax credits and tax deductions? How many more payments will people expect in the future before we declare the pandemic over? The utter reliance and potential household budgeting for future stimulus payments disincentivizes Americans from using their skills and creativity to find a way to meet their obligations. The unintended consequence of stimulus payments may very well be a methodical way of killing the American dream by taking away all incentives of hard work and individualism.

Former governor, chief justice inch closer to running for Burr’s seat

In public and behind the scenes, there’s a lot of movement on both sides of the aisle as candidates prepare to enter the race to succeed retiring Republican U.S. Sen. Richard Burr, setting up competitive primaries and a general election race in 2022. Sources confirm that former Chief Justice Cheri Beasley has hired a new campaign consultant and is preparing to announce her entry into the Democratic primary. Other sources close to former Republican Gov. Pat McCrory confirm that McCrory has taken initial steps to run later this year.