Since the beginning of his candidacy and now as the North Carolina District 12 Senator, Ron Rabin’s primary focus has been on jobs and the economy. Based on his business experience, Ron has often said:
“Neither I nor any other politician can create jobs. We can only create an environment that is business friendly and helps local, small businesses grow”.
He has learned from experience that jobs are created by resolving issues regarding six interrelated factors which create the “business friendly” environments we need to spur economic growth and create jobs. Three of these are basic economic factors:
1) Lower taxes
2) Less spending
3) Reduced regulation
Three other factors directly support economic growth:
4) Improved Education
5) Modern infrastructure
6) Upgraded quality of life
Ron’s plan targets issues and legislation related to these six factors, which he believes, will make our economy move forward and create jobs.
Lowering taxes (personal, corporate, sales, etc.) plays a major role in Senator Rabin’s plan to get our economy moving towards growth. In addition to contributing to a positive business environment, lowering the individual income tax rate will put more money into taxpayers’ pockets to use and spend how they see fit. Ron also believes reducing the corporate income tax rate is equally important. When businesses, just like taxpayers, have more money in their pockets they will choose to grow and expand, which translates into more jobs for North Carolinians.
Since Ron has been appointed to the Senate Finance Committee, which works on tax issues, he has been deeply involved in modernizing NC’s 1930’s–based progressive tax system.
The research is clear: states with a modern, consumption based tax system have more robust economies than ours and he is working on legislation to move North Carolina in that direction. As a result, income taxes will be reduced over the next several years to a fair, broader-based system, free of loopholes. Ron believes this will make NC more competitive regionally, nationally, internationally and in the next two or three years, put about $2.5-billion back in the hands of NC’s taxpayers to spend and/or invest as they wish to fuel the economy.
Less spending by and for bigger government is a key objective in Ron’s plan to grow our economy. Governments do not produce products to earn the dollars they spend. He knows it is your tax dollars that fund government spending to fund entitlements and burgeoning bureaucracy. Ron Rabin believes that one benefit of reducing the size of government and the amount it spends is that in so doing we also reduce the amount of taxes that must be raised.
Other avenues Senator Rabin will pursue to reduce government size include: Reducing the number of regulations that the government enforces and tracks like those that restrain business growth and take teachers out of classrooms to write unnecessary reports; reducing the number of regulators, and make real efforts to eliminate waste, fraud and abuse.
Reducing government regulations that stifle business growth and restrict our entrepreneurial business development is a must in Senator Rabin’s economic plan. North Carolina has a history of small businesses, entrepreneurial success and the benefits from jobs and tax revenues they provide.
While Ron is sensitive to environmental issues, he believes that excessive based regulation issues should not be placed as roadblocks to business and job growth. A good example is the potential positive economic impact of hydraulic fracturing in Lee County; District 12; and the state. Hydraulic fracturing has a 50-year history of zero adverse environmental impact. Ron Rabin thinks we should not let “maybes” hold development back. Some anecdotal evidence suggests that this industry would create over 100, 000 jobs in NC, which would have a remarkable on jobs and the economy in our state.
Senator Rabin is a member of the Senate Education and Higher Education Committee and has an extensive background in training and education. He knows that Education is the core of our society and our economy. Ron believes the “three R’s” (the good old basics of “readin’; ‘ritin’ and; ‘rithmetic”) are key to a productive, responsible future for our children and grandchildren and should be the primary focus of our education resources at the K-12 level. He understands the important role parental and local community involvement play in the education process as back up to the vital role of the classroom teacher. Ron wants better teacher compensation and will push for it – as soon as the state’s fiscal situation allows. Between 2009 and 2011, democrat-controlled NCGAs and Governor slashed the education budget by about $700-thousand. Since winning the NCGA majority, the republican-controlled NCGA has restored over $600-thousandof these cuts and Ron will work to continue this trend.
Ron Rabin advocates competition in education. In his view, the children’s education must always be the center of our attention. Ron understands that not every kid is the same and asks: “ why make all public schools the same?” Some children will thrive at public schools; some at charter schools; some at parochial/private schools and some at home schools. Senator Rabin wants parents and children to have options that will provide the best opportunity for success, but he insists the playing fields be equal in terms of measuring achievement.
Infrastructure could become our economic “Achilles Heel”. Senator Rabin believes North Carolina needs a modern infrastructure to support economic development. To thrive and grow businesses large and small we need a support system of roads, airfields, navigable waterways and deep water ports, telecommunications, potable water, medical facilities; a well educated and qualified workforce; etc. Senator Rabin is aware of this need and will do his best to insure that North Carolina stays “ahead of the power curve in this regard” through timely planning for the future. An example is the need to begin now to get ready to get the products of hydraulic fracturing to market.
In recent polling, upgraded quality of life issues ranked high on the list of items some corporations evaluate when considering relocating or expanding. In Ron’s view, this could be the “tie breaker” in their decision process. While the good people of North Carolina are the basic ingredient, Senator Rabin believes they must be augmented by a amenities such as solid law enforcement and first responder capability; responsible local government; high quality schools and teachers low taxes and livable housing. Ron will do his best to be sure that standards are enforced and they are upgraded to the extent possible, given fiscal constraints.