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25 Results found for consumption tax

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It may do us well to review what our Founding Fathers conceived as a just and suitable federal tax plan
It may do us well to review what our Founding Fathers conceived as a just and suitable federal tax plan
 
In 1886, Sir Edward Clarke delivered a speech in the U.K. House of Commons and in polite way of insulting someone, he said: "The mind was indeed so open that it had nothing in it at all."
In 1886, Sir Edward Clarke delivered a speech in the U.K. House of Commons and in polite way of insulting someone, he said: "The mind was indeed so open that it had nothing in it at all."
 
Should you ever be taxed on "income" that is not, in any meaningful sense, yours
 
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.
 
Over the last few years, ever since the tax reform of 2013 took hold in North Carolina, there has been a steady push to expand the sales tax to services in an attempt to make it a more pure consumption tax.
Over the last few years, ever since the tax reform of 2013 took hold in North Carolina, there has been a steady push to expand the sales tax to services in an attempt to make it a more pure consumption tax.
 
Over the last few years, ever since the tax reform of 2013 took hold in North Carolina, there has been a steady push to expand the sales tax to services in an attempt to make it a more pure consumption tax
Over the last few years, ever since the tax reform of 2013 took hold in North Carolina, there has been a steady push to expand the sales tax to services in an attempt to make it a more pure consumption tax
 
North Carolina residents could receive a larger personal income tax exemption if the General Assembly's 2016 short session follows the lead of state Sen. Bob Rucho, R-Mecklenburg, who has led the Senate's tax reform efforts since Republicans took control of that body
North Carolina residents could receive a larger personal income tax exemption if the General Assembly's 2016 short session follows the lead of state Sen. Bob Rucho, R-Mecklenburg, who has led the Senate's tax reform efforts since Republicans took control of that body
 
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
 
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
 
The generation gap between Republican primary election candidates for the 14th District of the N.C. House of Representatives may not be the biggest difference between them, incumbent Rep. George Cleveland says.
The generation gap between Republican primary election candidates for the 14th District of the N.C. House of Representatives may not be the biggest difference between them, incumbent Rep. George Cleveland says.
 
It's doubtful that any of the participants in a recent legislative debate meant to offer a free advertisement for the John Locke Foundation's proposed Unlimited Savings Allowance, or USA, Consumption Tax.
It's doubtful that any of the participants in a recent legislative debate meant to offer a free advertisement for the John Locke Foundation's proposed Unlimited Savings Allowance, or USA, Consumption Tax.
 
ne hundred years of affliction is a long time. The time has come for tax reform.... No, the time has come for a tax revolution.
ne hundred years of affliction is a long time. The time has come for tax reform.... No, the time has come for a tax revolution.
 
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
 
The event's featured speaker, however, was none other than Glenn Beck, who delivered a riveting speech outlining exactly what is at stake in the government's concerted scheme to shut down political opposition.
The event's featured speaker, however, was none other than Glenn Beck, who delivered a riveting speech outlining exactly what is at stake in the government's concerted scheme to shut down political opposition.
 
Members of the House Finance Committee heard the details of the House tax reform plan this week.
Members of the House Finance Committee heard the details of the House tax reform plan this week.
 
For months, North Carolina's political establishment has been lying in wait for the state's new Republican leaders to act on their long-promised initiative...
For months, North Carolina's political establishment has been lying in wait for the state's new Republican leaders to act on their long-promised initiative...
 
As the new General Assembly gets under way, there are lots of issues to be considered. Repaying the unemployment insurance debt owed to the federal government...
As the new General Assembly gets under way, there are lots of issues to be considered. Repaying the unemployment insurance debt owed to the federal government...
 
For months, North Carolina politicians, lobbyists, policy analysts, and journalists have been buzzing about the possibility that fundamental tax reform might top the state agenda in the coming year.
For months, North Carolina politicians, lobbyists, policy analysts, and journalists have been buzzing about the possibility that fundamental tax reform might top the state agenda in the coming year.
 
As you may know, the John Locke Foundation has just published a new book - First in Freedom: Transforming Ideas into Consequences for North Carolina - that proposes a new tax system for our state.
As you may know, the John Locke Foundation has just published a new book - First in Freedom: Transforming Ideas into Consequences for North Carolina - that proposes a new tax system for our state.
 
Efforts are under way to make North Carolina the first state since Alaska in 1980 to eliminate taxes on total personal income.
Efforts are under way to make North Carolina the first state since Alaska in 1980 to eliminate taxes on total personal income.
 
Gov. Pat McCrory's budget director distanced the Republican chief executive from a proposal to eliminate income taxes in North Carolina and expressed his own "great concerns" with the concept being floated by leading GOP lawmakers.
Gov. Pat McCrory's budget director distanced the Republican chief executive from a proposal to eliminate income taxes in North Carolina and expressed his own "great concerns" with the concept being floated by leading GOP lawmakers.
 
Any tax-reform bill that might move through the North Carolina General Assembly will address only state-level taxes. So the topic of my column today is unlikely to lead to any legislative action in the short run.
Any tax-reform bill that might move through the North Carolina General Assembly will address only state-level taxes. So the topic of my column today is unlikely to lead to any legislative action in the short run.
 
Politicians in Raleigh and DC, aided and abetted by our oft-clueless media, are railing about how the only way to fix our economic mess is to get the 'guv-mint' MO' revenue.
Politicians in Raleigh and DC, aided and abetted by our oft-clueless media, are railing about how the only way to fix our economic mess is to get the 'guv-mint' MO' revenue.
 
I don't find the structure of North Carolina's tax code to be at all surprising. I find it confusing, destructive, unfair, and absurd, as do most folks who have ever studied it. But no one should ever be surprised that tax systems are screwy.
I don't find the structure of North Carolina's tax code to be at all surprising. I find it confusing, destructive, unfair, and absurd, as do most folks who have ever studied it. But no one should ever be surprised that tax systems are screwy.
 
Reading the News & Observer these days, you can almost sense the panic among the stenographers in the newsroom. Just yesterday, the paper ran an item about Pat McCrory's tax plan with a headline containing the word "nebulous." No, the item was NOT in the op-ed section. It was a "News" item.
Reading the News & Observer these days, you can almost sense the panic among the stenographers in the newsroom. Just yesterday, the paper ran an item about Pat McCrory's tax plan with a headline containing the word "nebulous." No, the item was NOT in the op-ed section. It was a "News" item.
 
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