NC Dems Want to Redistribute Your Wealth

RALEIGH – Thankfully it has been a while since Democrats have controlled the state legislature. In the years since Republicans took over they have cut taxes and repealed a good many redistribution schemes designed to take your hard earned money and give it other people.

Unfortunately the NCGOP has not been doing very well in the last few election cycles. Multiple consequential judicial seats have turned blue after the state party botched those races, a Democrat is now in the governor’s mansion, and the veto-proof super-majority in the General Assembly has been cut down to a simple majority. If these trends continue for another election, we could be faced with Democrats controlling the state legislature.

And that means the reintroduction of the redistribution programs Republicans worked hard to get rid of.

From Carolina Partnership for Reform:

“Anti-reform progressives in the legislature are still trying to play some of their greatest hits from the 2000s, now introducing legislation to reinstate the Earned Income Tax Credit.

Initially added to the North Carolina tax code in 2007, it was meant to serve as a lifeline to low-income families struggling to get out of poverty. While it may have been created with the best of intentions, it failed to help North Carolina out of the recession. The state’s EITC was eventually replaced with a standard deduction, which is now $10,000 for individuals and $20,000 for couples. Practically speaking, the increased standard deduction means the amount of people paying zero dollars in state income tax has expanded rapidly. […]

Reintroducing the EITC at this point makes no sense from a historic or fiscal perspective. Its track record in North Carolina has not been one of success while the standard deduction has been proven to work. At this point, the EITC would simply serve as a handout to people who don’t pay taxes, funded by those of us who do.”

That, ladies and gentleman, is the name of the Left’s game – taking according to ability, and giving according to need. If it sounds familiar it’s because that is the central mantra of a socialist political philosophy as defined by Karl Marx.

The benefit of the crazy rhetoric coming from Democrats in Washington, D.C. is that their blatant Marxism is now completely out in the open. No more can they feign any loyalty to the principles that make America great.

The downside, of course, is that Democrats are now emboldened to push these socialist policies and the Old North State is dangerously close to coming under their control if the NCGOP doesn’t get its act together.

The prospect makes the 2020 elections a true line in the sand; are we going to reinforce conservative principles and policies to keep pour state on the right track, or continue stumbling our way into a Democratic majority that promises to undo all the progress made since 2010?