GOP News

Do not be fooled by the media that continues false reporting about North Carolina hurting economically.  The Sky-Is-Falling reporting lacks facts.

Ever since the voters elected Republicans as the majority in 2010 the  legislature has implemented conservative policies and fiscal stewardship of tax dollars.  The non-partisan Tax Foundation ranked North Carolina’s tax climate the 11^th best for business in 2018.  N. C. climbed the rankings to 11^th best for business, passing 30 states in just three years after their tax relief passed.  They implemented conservative policies and fiscal stewardship of tax dollars.

Job Creation – More people are able to find employment opportunities.  Jobs are growing faster than the national averages.  The unemployment rate is down to 4.4 percent.  Incomes are rising.

Tax Reform – The legislature began a series of income tax reductions in 2013 allowing workers to keep more of their hard-earned money. Prior taxation had a three-tiered personal income tax rate of 6%, 7% and 7.75%.  The Republican legislators instituted a lower flat rate for everyone that declined each year: 5.8% for 2014, 5.75% for 2015, 5.499% for 2017 and 5.25% for 2019.

In addition, they voted against the Democratic proposal of another extension of the “temporary sales tax”.

Financial Stability – North Carolina now has a rock solid AAA bond rating, one of only 12 states to earn that rating by all three rating agencies.  Strong ratings allow the state to borrow money when needed at an extremely low interest rate.

Business Is Thriving – North Carolina is ranked fourth in the nation for attracting and expanding businesses.  Both Forbes and Site Selection magazines ranked N.C. the number two state for business climate.

We need to send a message of thanks to our Republican legislators for their conservative fiscal policies that have moved North Carolina into a thriving state.  Also, vote for them in November.

Find the list of representatives on their web site: ncleg.net/representation

JoAnne Thomas

Source:  John Locke Foundation, Carolina Journal

N.C. STATE PENSION PLAN RATED ONE OF THE TOP FIVE IN THE U.S.

North Carolina Retirement System ranks among the five highest funded pension plans in the nation thanks to our Republican-led legislature with the management of State Treasurer Dale Folwell.  This means the state is able to pay all 950,000 of the employee pensions that have been promised now and into the future for teachers, state employees, law enforcement, judicial, legislative and local fire and rescue workers. 

Many state pension funds for public employees owe more in benefits than can be covered and will soon be bankrupt.   Being fully funded was a promise made in 2014 that Republican N.C. legislators kept.

Upon taking office Treasurer Folwell launched a reform blitz which resulted in $25 million savings.  Fees paid to Wall Street investment managers were reduced by more than $60 million for a projected savings of $240 million over 4 years.  Treasurer Folwell transformed the N.C. Retirement System such that it now has AAA/Stable rating.

(Submitted by Joanne Thomas)

The 2018 HCGOP Precinct Meeting and Convention is complete – paper work and all!  First, I want to thank all of you who helped to make this a great event! I am always amazed at the many volunteers who jump in to help with the planning, execution and yes, clean-up after our important events! Then of course I earnestly thank the many Republicans who gave up their Saturday afternoon to participate and vote on important business.

To highlight the afternoon…

-HCGOP gained 4 new precinct chairs and improved precinct organization as more committees formed.