The N&O editorializes on Gov. Bev Perdue’s proposal to raise taxes to close the budget gap:
Even if taxes are hiked by $1 billion or so, that would leave plenty of ground still to make up to balance a budget with a $4.7 billion shortfall. Many programs would be whacked and jobs would be lost.
Yet if school class sizes can be kept from growing and teachers’ jobs can be preserved, that would at least help the state’s young people stay on track during a time when the importance of a good education to one’s prospects in life could hardly be clearer. Perdue’s latest take on taxes, in line with the consensus among her Democratic colleagues in the House and Senate, makes that point in persuasive fashion.
Thank you, that’s the lingering question surrouding the governor’s tax rally and the House’s $780 million tax hike. But as long as education gets its bailout…….
