Financing the Future: Debating State Tax Reform

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debating state tax reform for north carolina

Tuesday, May 7, 11:45 a.m.
Emerging Issues Commons, James B. Hunt, Jr. Library
NC State University 

North Carolina’s economy and population have changed dramatically over the last century, yet our financial systems have remained relatively stagnant. As our population and infrastructure needs change, so too, must our tax system. Tax reform is a complicated and often contentious issue, and North Carolina has once again begun weighing the prospect of reforming the State’s tax system. The Institute for Emerging Issues, in partnership with the Civitas Institute and the NC Budget and Tax Center, will host a debate on this issue, featuring national experts on the subject of taxation and finance. Central to the debate is the future ability of North Carolina to retain talent, recruit industry, and finance needed infrastructure.  This debate will dig deeply in to these issues with the goal of helping attendees understand how North Carolina’s tax reform initiative fits into the broader National discussion on economic growth and sustainability.

A limited number of free student tickets are available. For more information about these tickets or about the event in general, please contact Donnie Charleston at donnie_charleston@ncsu.edu.

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meet the moderator and panelists

Content table

Kelly McCullen – moderator

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Kelly McCullen
is a Senior Correspondent and lead political anchor/reporter for UNC-TV. He travels the State providing coverage of issues and human interest stories for North Carolina Now. Kelly McCullen was born and raised in Clinton, NC. After starting his career, in radio, at Clinton’s WRRZ-AM, he attended North Carolina State University and launched his television career at UNC-TV as an intern in the audio department.

His on-camera career started in Greenville, Mississippi, with WXVT-TV’s news department where Kelly eventually became nightly news anchor and assistant news director for four years. The journey returns him to UNC-TV, Legislative Week in Review and to his North Carolina roots.

When the legislature isn’t in session, Kelly reports for the nightly newsmagazine “North Carolina Now.” He enjoys picking his guitar, reading, small-scale home improvement projects and spending time with family and friends

Jared Bernstein

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Jared Bernstein is a Senior Fellow at the Center on Budget and Policy Priorities. From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joseph Biden in the Obama Administration.

Bernstein’s areas of expertise include federal and state economic and fiscal policies, income inequality and mobility, trends in employment and earnings, international comparisons, and the analysis of financial and housing markets.

Prior to joining the Obama administration, Bernstein was a senior economist and the director of the Living Standards Program at the Economic Policy Institute in Washington, D.C.  Between 1995 and 1996, he held the post of deputy chief economist at the U.S. Department of Labor.

He is the author and coauthor of numerous books for both popular and academic audiences, including “Crunch: Why Do I Feel So Squeezed?” and nine editions of “The State of Working America.”  Bernstein has published extensively in various venues, including The New York Times, Washington Post, Financial Times, and Research in Economics and Statistics.  He is an on-air commentator for the cable stations CNBC and MSNBC and hosts jaredbernsteinblog.com.

Elizabeth Malm

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Elizabeth Malm
is an Economist with the Center for State Tax Policy at the Tax Foundation. She earned a B.S in Economics and B.A. in History while at the University of Wyoming, and holds an M.A. in Economics from Duke University. During her tenure at Duke, her research interests included applied microeconomics, mechanism design, and competitive pricing in health insurance markets. Liz also interned for the Wyoming Taxpayers Association where she contributed to the Wyoming Tax Roundup quarterly publication on topics such as state mineral trust funds, education and retirement financing, and the effect of healthcare reform on state finance.

Liz is the co-author of the Annual State-Local Tax Burden Ranking report. Her work has appeared in five states and over 20 news publications. Outlets such as Yahoo! News, MSNBC News, the Hill, the Advocate, the Dayton Daily News, Democrat and Chronicle, and the International Business Times have sought out her work on State-Local Tax Burden Ranking, gambling taxes, and film tax credits.

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the history of tax reform in nc

North Carolina required much-needed infrastructure investments in the 1920s, but the state’s tax system could not support such investments. Watch this historical video below to see how our state has handled tax restructuring in the early part of the 20th century.
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Visit the Emerging Issues Commons to watch both historical and modern videos like the one above, dig into tax rate data and learn more about existing tax reform ideas

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Learn more

About North Carolina’s current tax system.
About IEI’s Emerging Issues Program on Financing the Future.

Interested in trying your hand at balancing North Carolina’s budget?

Try using the North Carolina State Tax Calculator.

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partners

We’d like to extend a special thank you to our partners in this event.

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NCJusticeCenterlogo

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