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The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
 
North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
 
As tax reform heats up across the country, high-tax states should take notice
 
Gov. Roy Cooper’s shutdown orders have produced difficult economic times for North Carolina families and businesses.
Gov. Roy Cooper’s shutdown orders have produced difficult economic times for North Carolina families and businesses.
 
WRAL reported this weekend about a new report which ranked North Carolina as the best place to do business in the South, and 6th best nationally.
WRAL reported this weekend about a new report which ranked North Carolina as the best place to do business in the South, and 6th best nationally.
 
When defending their pay-as-you-go statewide school construction plan, Republican legislators sometimes appear perplexed.
When defending their pay-as-you-go statewide school construction plan, Republican legislators sometimes appear perplexed.
 
The nonprofit and nonpartisan organization Truth in Accounting (TIA) recently released its “Financial State of the States” report. The report ranks states based on their ability or failure to meet outstanding financial obligations
The nonprofit and nonpartisan organization Truth in Accounting (TIA) recently released its “Financial State of the States” report. The report ranks states based on their ability or failure to meet outstanding financial obligations
 
This November, North Carolina voters will decide on a constitutional amendment to lower the state's income tax cap from 10 percent to 7 percent
This November, North Carolina voters will decide on a constitutional amendment to lower the state's income tax cap from 10 percent to 7 percent
 
Voters must look beyond candidates' statements and official policy positions to find those who emulate Walter Mondale. This is especially true when considering Mondale's views about raising taxes
Voters must look beyond candidates' statements and official policy positions to find those who emulate Walter Mondale. This is especially true when considering Mondale's views about raising taxes
 
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
 
Today, North Carolina State Representative Beverly G. Boswell (R-Dare) formally announces her plan to seek re-election to the North Carolina General Assembly representing N.C. House District 6 - covering Currituck, Dare, Hyde and Pamlico counties
Today, North Carolina State Representative Beverly G. Boswell (R-Dare) formally announces her plan to seek re-election to the North Carolina General Assembly representing N.C. House District 6 - covering Currituck, Dare, Hyde and Pamlico counties
 
The $23 billion House and Senate budget compromise will include a 3.1 percent increase in spending in the 2017-18 budget year, which is higher than the two chambers agreed to several months ago when budget writing began
The $23 billion House and Senate budget compromise will include a 3.1 percent increase in spending in the 2017-18 budget year, which is higher than the two chambers agreed to several months ago when budget writing began
 
Stark differences in conservative Republican and liberal Democratic fiscal priorities were clearly on display during a Senate Finance Committee meeting Wednesday at which a $1 billion tax cut package was approved by voice vote
Stark differences in conservative Republican and liberal Democratic fiscal priorities were clearly on display during a Senate Finance Committee meeting Wednesday at which a $1 billion tax cut package was approved by voice vote
 
To assess Pat McCrory's four years as governor we must begin in 2012. McCrory was a popular, moderate Charlotte Mayor, leading the Queen City during a time of explosive growth
To assess Pat McCrory's four years as governor we must begin in 2012. McCrory was a popular, moderate Charlotte Mayor, leading the Queen City during a time of explosive growth
 
Hurricane Matthew still sits a couple of days away from the North Carolina coast, and those in its projected path root for the storm to turn to the east
Hurricane Matthew still sits a couple of days away from the North Carolina coast, and those in its projected path root for the storm to turn to the east
 
An effort to cap the state income tax rate was removed quietly from the Senate's calendar on Wednesday, one day after that body's Finance Committee gave the proposed change to the N.C. Constitution a thumbs up
An effort to cap the state income tax rate was removed quietly from the Senate's calendar on Wednesday, one day after that body's Finance Committee gave the proposed change to the N.C. Constitution a thumbs up
 
Regardless of one's opinion on HB 2, it cannot overshadow or remotely counteract what North Carolina has done legislatively over the last five years to become one of the most attractive places in the country to do business, invest, live, raise a family, and retire. Since Republicans took control...
Regardless of one's opinion on HB 2, it cannot overshadow or remotely counteract what North Carolina has done legislatively over the last five years to become one of the most attractive places in the country to do business, invest, live, raise a family, and retire. Since Republicans took control...
 
In 2013, Governor Pat McCrory and the General Assembly instituted historic tax reform by reducing the personal income tax for all North Carolinians, reducing the corporate tax rate, and eliminating the death tax
In 2013, Governor Pat McCrory and the General Assembly instituted historic tax reform by reducing the personal income tax for all North Carolinians, reducing the corporate tax rate, and eliminating the death tax
 
North Carolina lawmakers should take aim at the state's current system of depreciation, as they look for more ways to improve the tax code
North Carolina lawmakers should take aim at the state's current system of depreciation, as they look for more ways to improve the tax code
 
North Carolina lawmakers should take aim at the state's current system of depreciation, as they look for more ways to improve the tax code.
North Carolina lawmakers should take aim at the state's current system of depreciation, as they look for more ways to improve the tax code.
 
Building on transformational reforms begun in 2011, North Carolina's elected leaders continued changes in 2015 to curtail spending, instill fiscal responsibility, rein in regulations, improve education, make government open and accountable, and create the best possible conditions for economic growth
Building on transformational reforms begun in 2011, North Carolina's elected leaders continued changes in 2015 to curtail spending, instill fiscal responsibility, rein in regulations, improve education, make government open and accountable, and create the best possible conditions for economic growth
 
In recollecting 2015, I remember legendary CBS Newsman Walter Cronkite, who closed each evening's newscast by saying,
In recollecting 2015, I remember legendary CBS Newsman Walter Cronkite, who closed each evening's newscast by saying,
 
State taxpayers will pay $400 million less over the next two years if lawmakers pass a $21.735 billion state budget deal announced Monday by legislative leaders. The 2016-17 state budget also expands the sales tax base to include more repair and service work to help offset the tax rate reductions.
State taxpayers will pay $400 million less over the next two years if lawmakers pass a $21.735 billion state budget deal announced Monday by legislative leaders. The 2016-17 state budget also expands the sales tax base to include more repair and service work to help offset the tax rate reductions.
 
Senate leaders on Monday began rolling out their proposed $21.47 billion General Fund budget that has some stark differences from the spending plan put forth by their House counterparts.
Senate leaders on Monday began rolling out their proposed $21.47 billion General Fund budget that has some stark differences from the spending plan put forth by their House counterparts.
 
The news that state revenue collections are coming in at $400 million above projections could signal a cut in the corporate tax rate for next year.
The news that state revenue collections are coming in at $400 million above projections could signal a cut in the corporate tax rate for next year.
 
Tax reform advocates have found much to like in some key provisions to a broad tax package proposed by three state Senate leaders in March.
Tax reform advocates have found much to like in some key provisions to a broad tax package proposed by three state Senate leaders in March.
 
Nine Republicans are seeking to succeed 6th District U.S. Rep. Howard Coble, who's retiring after 15 terms in Washington. The winner of the May 6 GOP primary - and a possible July 15 runoff if no candidate gets at least 40 percent of the vote - will face the winner of the Democratic...
Nine Republicans are seeking to succeed 6th District U.S. Rep. Howard Coble, who's retiring after 15 terms in Washington. The winner of the May 6 GOP primary - and a possible July 15 runoff if no candidate gets at least 40 percent of the vote - will face the winner of the Democratic...
 
Last month, the U.S. Senate held a committee hearing on offshore tax evasion and published a report stating that foreign tax havens have cost the United States $150 billion a year in lost revenue. The report didn't include any information about the states' tax losses, yet states have the ability...
Last month, the U.S. Senate held a committee hearing on offshore tax evasion and published a report stating that foreign tax havens have cost the United States $150 billion a year in lost revenue. The report didn't include any information about the states' tax losses, yet states have the ability...
 
North Carolina's new tax reforms help set the stage for long-term economic growth in the state.
 
For decades North Carolina's tax system has needed a major overhaul. A model of hodgepodge tax policy, it has featured high rates for most taxpayers and special exemptions for the few. It has penalized economic growth and discouraged job creation.
For decades North Carolina's tax system has needed a major overhaul. A model of hodgepodge tax policy, it has featured high rates for most taxpayers and special exemptions for the few. It has penalized economic growth and discouraged job creation.
 
North Carolina's new tax reforms help set the stage for long-term economic growth in the state. That's the assessment of the John Locke Foundation's top tax expert, who analyzes the reforms and suggests future improvements in a new Spotlight report.
North Carolina's new tax reforms help set the stage for long-term economic growth in the state. That's the assessment of the John Locke Foundation's top tax expert, who analyzes the reforms and suggests future improvements in a new Spotlight report.
 
As the dust settles on the landmark 2013 North Carolina legislative session, conservatives can look upon the accomplishments of the state legislature and find much to celebrate.
As the dust settles on the landmark 2013 North Carolina legislative session, conservatives can look upon the accomplishments of the state legislature and find much to celebrate.
 
After a highly productive legislative long session, the North Carolina Senate concluded its substantive business early Friday morning after passing many long-overdue reforms to improve North Carolina's public schools, rebuild our economy and restore our place as a leader in job growth.
After a highly productive legislative long session, the North Carolina Senate concluded its substantive business early Friday morning after passing many long-overdue reforms to improve North Carolina's public schools, rebuild our economy and restore our place as a leader in job growth.
 
Senate tax writers stepped closer Monday to reform proposals adopted by their House counterparts. The Senate Finance Committee's actions lifted hopes that a compromise could be pieced together before the General Assembly adjourns this summer.
Senate tax writers stepped closer Monday to reform proposals adopted by their House counterparts. The Senate Finance Committee's actions lifted hopes that a compromise could be pieced together before the General Assembly adjourns this summer.
 
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