“Since 2012, when Republicans took full control of the legislature and governorship for the first time in modern history, they’ve been on a tax cutting rampage,” said Meg Wiehe, a North Carolina native and deputy director of the Institute on Taxation and Economic Policy. “The state will be about $3.6 billion shorter in revenue than it would have been otherwise, which is a pretty significant difference in a state with a general fund of just around $21 billion.”
Quoted Staff Member
Meg Wiehe
Former Deputy Executive Director
Related Reading
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State Tax Watch 2026
November 12, 2025
State Tax Dollars Shouldn’t Subsidize Federal Opportunity Zones
Mentioned Locations
North Carolina
