In January 2006, the gas tax was raised by 10% and the gas tax has risen more than 20% in total over the past 12 months. Only 5 other states have a higher gas tax than North Carolina and almost ? of the price you pay (more than 48 cents) at the pump for a gallon of gas is composed of State and Federal taxes. Combine this with increasing County and City property tax increases over the past year, and the burden is simply unacceptable. North Carolina has just been rated one of the least attractive States to base a business. Without a diverse tax base and a thriving business and industrial sector, all North Carolinians will literally pay the price in the form of tax increases. We must turn this around.
We must focus on a tax policy that fully realizes the potential of our growing workforce, our abundant natural resources, and our strategic geographic position. As your NC House Representative, I will focus on:
* Enacting legislation that results in a more straightforward and more pro-growth system. We should have a tax code that helps families own a home and that fosters broader support for charity in North Carolina. To truly reform North Carolina's tax code, we must be willing to work with all legislators to bring about effective, lasting change
* Restraining spending by the State Government
* Making tax cuts and rolling back recent tax increases, such as the Gas Tax enacted in January. We need to reduce the burden on individuals and small businesses to keep our improving economy on track.
Our Governor and the democrat-controlled General Assembly seem content to approve tax increases that put a strain on individuals as well as large and small businesses, leaving them few options but to look for lower cost places to live and work, sometimes just next door in Virginia, South Carolina and Georgia. As a member of the General Assembly, I will work to reduce the corporate income tax and to expand the state child tax credit for families with dependent children. I will support the Republican Caucus in our efforts to make North Carolina one of the most attractive states to live and to base a business.