SUMMARY: Over the past decade, North Carolina’s Republican-led legislature has severely underfunded public services, notably education, where per-student spending ranks 48th nationally. This decline results from substantial regressive state income tax cuts favoring wealthy individuals and corporations, shrinking state revenues by over 20% since 2009 despite population growth. The recent federal tax cuts will worsen funding shortfalls. Local governments, reliant on property taxes, face growing pressure as rising home values increase taxes on seniors and fixed-income residents, forcing difficult budget choices. With reduced state and federal support, counties have raised property taxes, shifting funding burdens onto vulnerable homeowners, highlighting a broader fiscal irresponsibility.

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