Tuesday, October 27, 2015

TV ad praising North Carolina leaders for tax reductions - News-Talk 1110 WBT


RALEIGH, N.C. (AP) -- A conservative group is running a television ad praising Gov. Pat McCrory and legislators who passed more tax cuts in this year's state budget.

American for Prosperity said Monday the group is airing commercials over the next three weeks in the state's six major TV markets.

The ad highlights $2.2 billion in net tax revenue reductions projected over the next five years, largely through individual and corporate income tax changes. The standard deduction is also higher for individual income tax filers.

"People all across North Carolina are smiling a little more. Why? Because Gov. McCrory and the General Assembly cut income taxes again," the ad's narrator says, adding the lower taxes also help with job creation: "North Carolina is on the right track."

The group's North Carolina Director Donald Bryson would not provide the cost for the ads except to say it's in six figures. The ad began airing Sunday.

The state budget also expanded the sales tax to cover more services. Bryson says elected officials produced an overall net tax cut.

The ad comes as McCrory, a Republican, is likely to soon begin his 2016 re-election campaign. At least two Democrats -- Attorney General Roy Cooper and Durham lawyer Ken Spaulding -- want to unseat him.

American Bridge 21st Century, a super PAC favoring Democratic candidates, said the state budget signed by McCrory could have spent more on public education, but Republicans chose instead to cut taxes that benefit the wealthiest the most. Americans for Prosperity is backed by billionaire brothers Charles and David Koch.

"The only people smiling are the millionaires and billionaires like the Koch brothers who are benefiting from the tax cuts at the expense of public schools," American Bridge said in a release.

TV ad praising North Carolina leaders for tax reductions - News-Talk 1110 WBT

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