This story is closed for comments.
driverkid3 Dec 19, 2012
bill0, try this: cut ALL benefits to illegal aliens, cut child tax credits, do an investigation on those getting benefits and make doubly sure they are not gaming the system. There are some out there that game the system EVERY DAY and laughingly BRAG about it. Close some of these state offices that are duplications, cut the salaries by 15% at least of the governor and other top ranking officials. Do this untill we get back on an even keel.
Rebelyell55 Dec 18, 2012
It will be painful for all but those elected officals and excutive group in state. They're the ones who'll use you tax dollars to cover their expense.
niall Dec 18, 2012
"Here's a wild idea. How about anyone who proposes spending cuts needs to spell out exactly what is going to be cut?"
First, a 10% cut across the board, sparing nobody's sacred cows. Second, goodbye to subsidies for businesses, farmers and anybody else. Third, put all departments on a zero-based budgeting and make them justify their cost every year.
That's where I'd start. Of course, neither Democrats or Republicans are remotely serious about making the hard choices required to fix the special-interest-seasoned legal spaghetti that we call a tax code, so expect it to get worse not better until it all collapses under its own weight.
offthegrid7165 Dec 18, 2012
Why don't we simply have 100 or 200 students in each class while we are at it? Imagine how much money that will save the state. westernwake1
Indeed. All the major colleges across the nation already do that... and they are making a killing! Touch of sarcasm there.... but nevertheless true. Of course, this will not work in public school for a number of reasons.... I can remember growing up in NC and attending grade, middle, and HS with 30+ students in class... and can tell you hands down... we performed as well as today's kids.. and of course, that was with extra activities and holding down various jobs to help out mom and dad. The last two generations have poor understanding of responsibility and have developed an attitude of entitlement.
westernwake1 Dec 17, 2012
There's lots of opportunity to cut spending. Increase class size 2 kids. I think the last debate about this indicated this was a 500 MILLION dollar savings in the state. Show me any statistic that conclusively demonstrates that 2 more kids in a class does meaningful harm and I'll buy you lunch" - RKBA
There are already a significant number of studies that prove conclusively that smaller class sizes improve education and outcomes. The majority of the work shows that educational outcomes degrade as the class size grows to be more than 17 to 19 students. Most classes in Wake County are already at 25 to 29 students per class. Yeah, you can always add two more students and save $500 Million. Why don't we simply have 100 or 200 students in each class while we are at it? Imagine how much money that will save the state.
Danny22 Dec 17, 2012
When we get through with all the new obamacare taxes and other new taxes, we'll be lucky to have enough left for food to feed our families. Obama has been so busy giving out free stuff that he has forgotten that somebody has to pay the bills and interest on the loans.
oleguy Dec 17, 2012
Well I did buy a flat screen, Digital, but am using a antenna, and I was running an old 166 with 4 meg of ram till about 4 years ago,,, But we can cut spending in the Govt,,,
WRALwontdeletemyaccount Dec 17, 2012
"So, if you say "cut spending", pretty much the only way to do that in a significant way is to cut funding for schools or stop taking care of sick, old people. "
There's lots of opportunity to cut spending. Increase class size 2 kids. I think the last debate about this indicated this was a 500 MILLION dollar savings in the state. Show me any statistic that conclusively demonstrates that 2 more kids in a class does meaningful harm and I'll buy you lunch.
Stop putting flowers in the median. Stop putting signs that say "bridge freezes before road" in front of EVERY bloody bridge in the state.... and on and on and on.... there's a LOT of opportunity to stop spending. Not trying is a cop out.
Big John Dec 17, 2012
"So, if you say cut spending, pretty much the only way to do that in a significant way is to cut funding for schools or stop taking care of sick, old people."
If you don't think there is a tremendous amount of waste in both education and the medicare/medicaid system, I challenge you to do a little digging on that one. And saying that you shouldn't bother with the rest because it's a small amount is just the kind of mentality that got us where we are. Chipping away at the waste in every area, regardless of the amount, is the right way to restore proper government spending. Small habits lead to big ones and right now there is so much waste in government it needs to be flipped upside down until it's fixed.
Pirate01 Dec 17, 2012
They are not "loopholes" they are laws!!!
offthegrid7165 Dec 17, 2012
So much for not increasing our taxes... for the 98%!!! Looks like yet another Barry Sotero lie!
luvbailey Dec 17, 2012
I think this article is very misleading. Most people in the tax business (and that includes me) think of a "loophole" as an un-intended opportunity to escape the application of a tax. The writer of this story portrays legitimate, intentional deductions as loopholes. That is mis-leading - those deductions - such as the standard deduction and personal exexmption are there because the legislature created them intentionally. By the way, the NC standard deduction and personal exemption amounts are not indexed like the federal amounts are, and have not come close to keeping up with the federal adjustments for these items. Also, the writer refers to a sales tax deduction for groceries - that one threw me until I figured out he was talking about the preferential sales tax rate on most grocery items. So again, this appears mis-leading. This is not a loophole.
whatelseisnew Dec 17, 2012
I could care less if they eliminated all deductions. eliminate them all, lower the income tax to 5 percent and then eliminate all other State taxes.
whatelseisnew Dec 17, 2012
"Oh good lord. Keep computer systems for at least 10 years? Do you use ANY 10 year old software/hardware for personal use?"
Yes, both software and hardware. I have a financial program I use that is 12 years old. I have no need to upgrade it. My current computer is 8 years old. Again I have no need to upgrade it. Oh and I still have two analog televisions. Until they break, I will not replace them for a flat screen.
Rebelyell55 Dec 17, 2012
Cut the budget of the excutive branches in state goverment by 5%. Stop the raises, and reduce the salary of the excutive branches by 5%. If they dont' like it, they can quit and go somewhere else, there are lots of qualified people who can do the job. (in most cases do it better). As for education, it's a big portion for sure and those cuts from last year didn't create all the "bad things" that were claimed by so many. The administration part of our school system is way too large. We have state people who doing the same work as county people, the same thing. Yes there is waste, but it's the leaders who are allowing it, they're not governing as they're suppose to, they're too busy with special interest, and their own agenda. If they're serious, they wouldn't be passing out raises during a time the state is strapped for cash and the citizens who pay them are taking pay cuts, doing without in order to weather this dip in the economy.
bill0 Dec 17, 2012
"And once you started with a system, you have to keep it for at least 10 years because of all the information on them."
Oh good lord. Keep computer systems for at least 10 years? Do you use ANY 10 year old software/hardware for personal use? Better pull out that dial up modem and log into AOL. That will make state government more efficient.
smdrn Dec 17, 2012
It's time to cut tax exemptions for religious organizations.WHen they file their taxes, they can deduct the amount that was spent on charity...but they have to show proof that it was spent on charity. And time to stop wasting money because of poor planning. As a state employee I'm telling you there is a lot of waste. For example, the state changed systems for Medicaid 2 years ago. Now they are changing systems again. There is no need to. All counties should have to use the same system and all counties should handle Medicaid auths/payments the same way. And once you started with a system, you have to keep it for at least 10 years because of all the information on them. So now we're going to pay for 3 systems.
We don't have a revenue problem. We have a spending/wasting problem.
xylem01 Dec 17, 2012
You can tax deduct the tax you pay on groceries?
bill0 Dec 17, 2012
"Here's a wild idea. Why not cut spending?"
Here's a wild idea. How about anyone who proposes spending cuts needs to spell out exactly what is going to be cut?
56% of the budget is education. 23% is medicare/medicaid, employee health costs. That is 79% of the budget and everything else the state does is just a sliver.
So, if you say "cut spending", pretty much the only way to do that in a significant way is to cut funding for schools or stop taking care of sick, old people.
They are hitting a similar roadblock at the federal level. The spending is going primarily to Social security/medicare/entitlement and to defense/military. You can't balance the budget without cutting those or massively increasing taxes.
WRALwontdeletemyaccount Dec 17, 2012
Here's a wild idea. Why not cut spending?
jahausa Dec 14, 2012
Dude. Get over it. We participated in two expensive wars. The housing market crashed. People are going to need to feel some pain - all of us. That's what civilization is called. Get over it, pay your own, and move on.
autismawareness Dec 14, 2012
how about quit spending so much? you won't need to worry about revenues. nc no different than feds, wasting all taxpayers' money.
whatelseisnew Dec 14, 2012
This is simple. Remove ALL deductions for both personal and business. Remove ALL tax credits. Then remove all other taxes other than income tax, including tolls. No more license or permit fees either. That is just additional taxation. Then set the rate to 5 percent of GROSS income. The State must balance its budget against that amount. Next NO MORE BORROWING period. Just like me, if you can not pay for it, then you do not have it. I would do exactly the same at the Federal level. Income tax only, no payroll taxes. NO DEDUCTIONS or tax credits of any kind. 10 percent income tax, both personal and business. The Feds must live on that and NO MORE BORROWING. They must balance the budget each and every year. that leaves everyone with 85 cents on the dollar which for most of us is far more than we get to keep right now.
Published: 2007-10-05 09:38:00
Updated: 2015-01-14 14:37:58