Implemented comprehensive tax reform that will provide major tax relief to all North Carolina families and make our state more attractive to job-creating businesses.Following decades of Democratic governance, North Carolina had the highest taxes in the Southeast. We passed a tax reform plan that simplifies the state’s 1930s Depression-era tax code, cuts personal and corporate income tax rates, eliminates the death tax and ends dozens of loopholes for special interests. The reforms will make our economy competitive and immediately move North Carolina from the bottom of national rankings to the 17th best business tax climate in America.
Adopted a balanced, fiscally responsible state budget that invests in core services, streamlines state government, strengthens public education and grows North Carolina’s economy. Our budget safeguards North Carolina’s long-term fiscal health and offers close to a 2.5 percent increase in overall spending while cutting taxes for all North Carolinians. It spends approximately $7.9 billion on K-12 education – $163 million, or 2.1 percent, more than school districts spent last year.
Passed major education reforms to strengthen student literacy, improve graduation rates, reward effective teachers and give parents tools to make better informed decisions about their children’s education. We increased accountability in the classroom by employing teachers through contracts that are renewed based on job performance. And we continued our commitment to implementing a pay for excellence system by including $10.2 million to fund annual pay raises for the most effective teachers.
Passed sweeping changes to the state’s burdensome regulatory environment. The Regulatory Reform Act of 2013 will get rid of red tape that chokes off economic growth and make our state a more attractive place to do business.
Approved bipartisan legislation to spur our economy by tapping into North Carolina’s abundant energy resources. The Domestic Energy Jobs Act is a comprehensive energy bill that paves the way for a flourishing onshore and offshore energy sector.
Improved our investment in North Carolina’s transportation infrastructure. Our changes to the North Carolina Highway Trust Fund will allow us to accelerate transportation projects across the state, in every region and in our local communities – a move that is expected to create at least 260 projects and more than 240,000 jobs over the next 10 years, according to the state Department of Transportation.
Invested in our state’s rural communities by launching a new, accountable Rural Economic Development Division within the state Department of Commerce. And we upheld our commitment to ensuring accountability in state government by ending the blatant misuse of tax dollars at the N.C. Rural Center.
Passed major health care reform legislation to improve medical billing fairness and transparency, reduce health care costs and help consumers make better-informed decisions about their treatment.
Reformed our broken unemployment insurance program, setting a pathway for repaying North Carolina’s $2.5 billion debt to the federal government – brought about by years of mismanagement by previous Democratic leaders. Under our plan, we’ll be out of debt by 2016 – freeing up capital and providing certainty for businesses to create jobs. Our changes will make North Carolina’s unemployment system solvent and remove one of the biggest impediments to job creation and economic growth.
Passed a hugely popular, common-sense provision that requires North Carolinians to show a photo ID when they vote. Polls show that nearly three-quarters of North Carolina residents support requiring voters to show photo ID before voting. Our action brought North Carolina in line with the majority of other states that already require voter ID.
Protected the Second Amendment rights of North Carolinians. The Senate passed legislation to expand the number of places that people with a concealed carry permit can carry firearms to protect themselves and their families – while also strengthening safety measures for the public and penalties for criminals who violate our gun laws.
Ensured justice for more than 100 North Carolina families whose loved ones’ lives were brutally taken by passing a bill to end the de-facto moratorium on the death penalty in North Carolina.