Monday, May 18, 2015

BLACK AND BLUE -- How NC taxpayers feel after being beat up by ten Democrat tax raises

NC Senate Minority Leader Dan Blue has not erased his past as a tax-and-spend liberal Democrat. He'd like to.

Verne Strickland Editor

By Tom Glendinning  May 18, 2015

The liberal pipeline at its best, another example - 10 tax hikes democrats foisted on the lower and middle class and businesses:
Dan Blue, the Senate minority leader from Raleigh, dutifully read the new script to the media, proclaiming that the higher-than-expected tax revenues came “directly out of the pockets of middle-class families.”
Blue added: “Small businesses and middle-class families across North Carolina got absolutely slammed, absolutely slammed on Tax Day, paying more than they have paid ever before.”
What hypocrisy.
Blue’s history as a state legislature dates back to the beginning of the 1980s, and rarely over that time period, when he and his fellow Democrats held the reins of power, did they meet a tax they didn’t like.
Indeed, Blue and the Democrats have a long history of passing taxes hikes that “absolutely slammed” the middle-class and low-income households.
Following is a sampling dating back three decades, spanning Blue’s long tenure in the General Assembly, of tax increases approved by Democrat-controlled legislatures that imposed a heavier tax burden – especially on lower- and middle-class households.
In that vein, the Civitas Institute presents: “Ten Tax Hikes That Slammed Middle Class Families – Courtesy of NC Democrats”*
1. The legislative authorization in 1986 of a half-cent increase in the local sales tax, an increase of about $200 million in the levy statewide.
2. A 1-cent increase – from 3% to 4% – in the statewide sales tax rate in 1991.
3. An increase of the state sales tax from 4% to 4.5%, initially to be “temporary” and last from 2001 to 2003. This was estimated to cost NC taxpayers more than $1.5 billion over two years at the time.
4. Extension of the “temporary” sales tax rate of 4.5% another 2 years in 2003.
5. An extension in 2005 of the “temporary” sales tax rate yet another 2 years. By 2007, the two sales tax extensions cost taxpayers an additional $1.72 billion.
6. Making permanent, in 2007, a quarter-cent of the “temporary” sales tax – at a cost of more than a quarter billion dollars per year.
7. An increase in the statewide sales tax by 1 cent to 5.75% from 2009 to 2011, costing households an additional $1.6 billion over two years.
8. The creation in 2009 thru 2011 of a 3% “surcharge” on the income tax paid by middle-class households (single filers earning above $60K, and married filing jointly earning above $100K). This cost taxpayers roughly $350 million over two years.
9. An increase in the gas tax by 2 cents per gallon in 1986, which cost motorists about $100 million per year at the time.
10. An increase in the gas tax of ½ cent per gallon in 1991, with a quarter-cent to expire in 1995 and the rest to sunset in 1999.
*(dollar amount estimates provided are taken from the time the taxes were enacted and not adjusted for inflation to current dollars)
The above list doesn’t include all the taxes Democrats passed while they were in power, or Democrats’ failed attempt in 2011 to extend the “temporary” 2009 sales tax hike.
Finally, what’s even more rich is Blue’s faux outrage over the expiration of the tax deduction for small businesses, given the fact that Blue voted against the 2011 state budget that included the tax deduction.
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  • 4 people like this.
  • Tim Hubbard What's that got to do with now? The repubnants are in charge and can pass or delete any tax they want, so the Repubs are taxing all but the rich right now, just 'cause they want to. 1980's? You're going back to 1980's to make an excuse for Repub taxes? You're looking over your back so hard at ancient history, your head is in danger of getting stuck between the cheeks . . . Just saying
    Like · Reply · 23 hrs
  • Tom Glendinning Done, done, done , and done. Not stuck anywhere, just reminding voters who are still under the delusion that "fairness" is the sole jurisdiction of the democratic party.