A recent study from the NC Public Interest Research Group shows that North Carolina is being cheated out of $61 million of tax revenue because corporations use tax loopholes and tax shelters to avoid paying their fair share of NC taxes. Taking in less money has consequences, of course:
In North Carolina, that $61 million would be enough to pay the salaries of 1,300 more teachers or cover the in-state tuition and fees for nearly 3,780 students at N.C. State University, a news release from NCPIRG says.
“Tax dodging is not a victimless offense,” Kalila Zunes-Wolfe, a program associate with the organization, says. “When corporations skirt taxes, the public has to make up the difference. That means higher taxes for average taxpayers or cuts to public programs.”
The reaction of a sane, reasonable person might be along the lines of, "Gee, this deserves looking into. Everyone ought to pay their fair share of taxes, and when some parties don't, that hurts everyone else. Our citizens deserve fair taxation and good government".
And then there's the insane, unreasonable reaction:
State Sen. Bob Rucho, a Republican from Mecklenburg and a key author of the legislature’s tax code rewrite, was asked to respond to the report on Thursday. On Saturday, he responded by taking issue with the “unsubstantiated report from some unknown left wing fringe interest group.”
If that sort of close-minded, extremist looniness doesn't epitomize what is wrong with this state's government, I don't know what does.