Chairman Hayes Op-Ed in Washington Times
Chairman Robin Hayes
"As our congressional Republicans begin to shape their tax relief for hardworking Americans, they need not look any further than North Carolina. In the years after rolling out a bold tax relief plan that helps nearly all North Carolinians, the Old North State has become a bellwether model of how to cut taxes. [...]
"In 2010 North Carolina Republicans captured both chambers of the General Assembly for the first time in more than 100 years with the promise of Democratic tax hike rollbacks. Standing up to the Democratic governor, a hostile media, misleading liberal think tanks, and facing a monumentally reckless budget hole, Republicans held firm and the tax hikes were eliminated, one of which was a regressive one-cent sales tax. Already facing a massive budget deficit due to Democrat-authorized overspending and failure to act in the midst of the Great Recession, Republicans held true to their conservative principles by right-sizing government and never ceasing on their mission of further tax relief and reform. [...]
"In 2011, following decades of Democratic governance in North Carolina, we had the highest tax rates in the Southeast. Republicans modernized the state’s 1930s Depression-era tax code, further cut personal income tax rates, slashed business taxes, eliminated the death tax, and ended dozens of loopholes for special interests. The reforms made our economy competitive, and immediately moved North Carolina from the bottom of national rankings to the 17th-best business climate in America, according to the respected Tax Foundation. [...]
"Examining our state’s economic standing today is no longer an ill-conceived task. Before Republicans began their decade-long effort on tax relief and reform, North Carolina had the highest unemployment in the region. The Democratic governor furloughed teachers, and taxes were through to roof. At 4.1 percent, North Carolina’s unemployment rate is at a 17-year low. Republicans passed the largest teacher pay raises in the state’s history. Deficits have turned to surpluses, and investment in education has led to the best high school graduation rates in North Carolina’s history."