Latest News & Updates from the NCGOP

NC WILL CHOOSE WHICH DIRECTION TO GO ON TAXES

In The Wall Street Journal this week, the newspaper's editorial board said North Carolina will come to a fork in the road this November over taxes.

"The Democratic nominee for Governor wants to restore a narrow taxpayer giveaway, instead of accelerating the path to low income-tax rates that have lifted the overall state economy."

"North Carolina has cut its income tax in several rounds in the past decade—from 7.75% in 2013 to 4.5% today and 3.99% starting in 2026. That’s transformed the state from a high-tax outlier to the belle of the ball among regional contenders like South Carolina (6.5%) and Virginia (5.75%). It also reduced its corporate tax rate to 2.5% from 6.9%, and it will drop to 1% by 2028."

"Politicians like to carve up the electorate and businesses for specific tax favors because it puts them in charge. Mr. Stein wants to play this tax redistribution game, but voters can see the good results from cutting tax rates for all."

Read the full opinion article here.

ANOTHER YEAR, ANOTHER BUDGET SURPLUS

Speaking of taxes, this week also came with news that North Carolina has a $1B budget surplus!

"Economists for the General Assembly now predict collections will exceed revenue budgeted for the year ending June 30 by $413 million, or a 1.2% increase. And state coffers will bring in $1 billion more in the fiscal year starting July 1 than what was anticipated, or a 3% increase."

Senate Majority Leader Paul Newton of Cabarrus County said Wednesday the report “is a reaffirmation that the GOP is leading our state in the right direction, balancing all the needs of residents, of educators, of job creators, of people that want to move somewhere they can achieve more — they’re coming to North Carolina.”

See the full story here. 

BIDEN'S BORDER BLOODBATH CONTINUES 

• Biden’s border bloodbath continues.
  • More than 9.4 million illegal immigrants have crossed the border since Biden took office.
    • This includes the more than 7.6 million illegal immigrants that Customs and Border Protection (CBP) has encountered and the1.8 million gotaways who escaped past Border Patrol and into the country.
  •  189,372 illegal immigrants were encountered attempting to cross the U.S.-Mexico border in March.
  •  8,829 unaccompanied children were encountered.
  •   94,694 illegal immigrants were encountered from countries outside the Northern Triangle and Mexico, showing that Biden's crisis is global.
  • Homeland Security Investigations estimates that Mexican cartels are now making $13 billion a year smuggling illegal immigrants into the U.S., 26 times what they made in 2018.
• Drugs are pouring over the border and into our communities.
  • 1,389 pounds of deadly fentanyl and 17,938 pounds of methamphetaminewere seized at the southern border in March alone, with much more getting through.
  • Fentanyl is now the leading cause of death for Americans age 18 to 45.
  • According to Biden's own DEA Administrator Anne Milgram, cartels are "killing Americans with fentanyl at catastrophic and record rates like we've never seen before."
• When will the carnage end? When President Donald J. Trump is re-elected.

REMINDER: PRESIDENT TRUMP CAMPAIGNS IN WILMINGTON SATURDAY

President Trump will hold a rally in Wilmington on Saturday! For more details, see this link.