An article that appeared in the Charlotte Observer tells an interesting story. According to the headline, despite GOP tax cuts, North Carolina is still “raking in” more tax revenue.
The article goes on to say that because of the tax cuts, the state budget went from a projected deficit in 2016 to a surplus. The tax cuts stimulated the state economy and 90,000 new jobs were created.
Here in West Virginia we can learn from this. Raising taxes to plug holes in the budget does more harm than good.
While my opponent supports increasing taxes,I will not vote for any new taxes. We need to cut taxes in order to stimulate economic growth.