The real formula for disaster for the states
RALEIGH — Get ready. I'm about to sound like a broken record.
Just who is Taxpayers United of America, and why should any North Carolinian give a hoot about what they think about the state pension fund?
Not long ago, I asked that same question about the great Washington anti-tax guru Grover Norquist after he graced North Carolinians with some wisdom regarding how the state should rework its tax structure.
To answer my own question, Taxpayers United of America is a group based in Illinois that, for three decades, was content to weigh in on tax and pension issues in that state. A couple of years ago, it changed its name and decided to tell folks in other states what their state pension polices ought to look like.
It recently decided to focus on North Carolina's $75 billion pension fund, ...