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Results found for "capital gains tax"


extreme tax increases, and abominable unrealized capital gains tax
Published: Thursday, August 29th, 2024 @ 12:38 pm By: John Steed
extreme tax increases, and abominable unrealized capital gains tax
 
North Carolina needs to reform its approach to taxing capital gains. As I have noted in a previous analysis for the John Locke Foundation, the current system ignores the fundamental nature of capital gains taxes.
North Carolina needs to reform its approach to taxing capital gains. As I have noted in a previous analysis for the John Locke Foundation, the current system ignores the fundamental nature of capital gains taxes.
 
On many different occasions, I have argued that, from an economics perspective, North Carolina should abolish its tax on capital gains
On many different occasions, I have argued that, from an economics perspective, North Carolina should abolish its tax on capital gains
 
A couple of weeks ago, I argued that North Carolina’s legislature should “one-up” Congress and the Trump administration when it comes to tax reform by abolishing the state’s capital gains tax.
A couple of weeks ago, I argued that North Carolina’s legislature should “one-up” Congress and the Trump administration when it comes to tax reform by abolishing the state’s capital gains tax.
 
Recent tax reform passed by Republicans in Congress and enthusiastically signed by President Trump, went a long way toward fixing what had become a federal tax system that was discouraging work effort, investment, and entrepreneurship
Recent tax reform passed by Republicans in Congress and enthusiastically signed by President Trump, went a long way toward fixing what had become a federal tax system that was discouraging work effort, investment, and entrepreneurship
 
Last week I discussed and endorsed the idea that, instead of trying to create a consumption tax by abolishing the income tax and reforming the sales tax, North Carolina should instead use the existing apparatus of the income tax to accomplish that same goal.
Last week I discussed and endorsed the idea that, instead of trying to create a consumption tax by abolishing the income tax and reforming the sales tax, North Carolina should instead use the existing apparatus of the income tax to accomplish that same goal.
 
North Carolina's tax code penalizes savings and investment by double taxing their returns - specifically interest, dividends, and capital gains. These biases can only be eliminated by removing savings and investment from the tax base, or by eliminating the returns to saving; for example...
North Carolina's tax code penalizes savings and investment by double taxing their returns - specifically interest, dividends, and capital gains. These biases can only be eliminated by removing savings and investment from the tax base, or by eliminating the returns to saving; for example...
 
In 2013 North Carolina instituted sweeping tax reform and began the process of making its tax system more efficient and more consistent with liberty.
In 2013 North Carolina instituted sweeping tax reform and began the process of making its tax system more efficient and more consistent with liberty.
 
We hear that figures don't lie - but we all know (or should know) that liars figure. So be careful. In places like MN and IA it would seem that the so called "figuring" is really simply counting (or is it mis-counting??).
Published: Sunday, April 15th, 2012 @ 9:03 am By: Jim Bispo
We hear that figures don't lie - but we all know (or should know) that liars figure. So be careful. In places like MN and IA it would seem that the so called "figuring" is really simply counting (or is it mis-counting??).
 

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