NC Posts Another Strong Year of Income Growth, More Evidence Disproving N&Oís Narrative | Beaufort County Now

NCís rate of 3.4% is higher than the national 3.2% average, clocking in at 16th highest in the country. civitas, income growth, north carolina, news and observer, november 25, 2019
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NC Posts Another Strong Year of Income Growth, More Evidence Disproving N&Oís Narrative

Publisher's note: This post, by Brian Balfour, was originally published in Civitas's online edition.

    In further evidence contradicting the N&O's recent failed attempt to claim that North Carolina's tax cuts are "not working," the Pew Center released data showing that North Carolina's personal income growth over the past year was higher than the national average and ranked among the highest in the nation.

    NC's rate of 3.4% is higher than the national 3.2% average, clocking in at 16th highest in the country. The Tar Heel State's increase was higher than regional neighbors Virginia and Georgia, and 6th highest east of Texas.

    Compare this to the more sluggish 26th-ranked rate of personal income growth for the state from 2000-2011, before the tax reforms the N&O wants you to think are "not working."



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