Tax Reform, Revenue Adequacy, and Early Childhood Education in North Carolina
Extensive changes to North Carolina’s tax code adopted in 2013 profoundly impacted state revenue and thus limited the state’s ability to fund numerous essential services, including early childhood education (ECE). These changes came just as the state was beginning to restore ECE services and funding lost during the recession. Additional tax cuts passed during the 2015 state legislative session reduced state revenue by another $1 billion. On the spending side, no progress was made toward restoring lost funding support for in ECE.
Author(s): Kelly O'Donnell, Ph.D.
Publication Date: November 2015
Publication Type: Policy Brief
Publication Topic: Financing
Financing Early Care and Education: Options for South Carolina
Despite recent funding increases, less than one third of South Carolina’s low income young children receive publicly subsidized early care…