The Tax Foundation, a Washington D.C. based nonpartisan tax policy research organization, has released its 2024 State Business Tax Climate Index.
Published: Sunday, March 3rd, 2024 @ 12:49 pm
By: John Locke Foundation
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Former President Donald Trump courted his donors at Mar-a-Lago last week, calling on them to pitch in their financial support for a fellow Republican and promising them he would cut their taxes if he’s re-elected in 2024.
Published: Sunday, January 14th, 2024 @ 9:59 am
By: Daily Wire
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North Carolina benefitted from the COVID-19 pandemic in terms of small business migration. That’s according to a new Bureau of Labor Statistics report.
Published: Monday, July 31st, 2023 @ 1:05 pm
By: Carolina Journal
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The N.C. Revenue Department accuses tobacco manufacturer Philip Morris of misreading state law in a legal dispute over an $8.7 million tax bill. The dispute sits with the N.C. Supreme Court.
Published: Friday, July 21st, 2023 @ 4:43 pm
By: Carolina Journal
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The difference between Republican governance and Democrat tax and spend
Published: Monday, May 15th, 2023 @ 8:09 am
By: Beaufort Observer Editorial Team
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In 2013, the new Republican-led General Assembly took steps to foster economic growth by lowering the state’s corporate income tax rate. The corporate income tax is a burden that ultimately falls on workers.
Published: Thursday, May 11th, 2023 @ 2:23 pm
By: John Locke Foundation
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Small businesses impacted by the current economic tumult are filing for bankruptcy at levels last witnessed at the outset of the lockdown-induced recession, even as President Joe Biden touts an uptick in new business ventures.
Published: Thursday, April 20th, 2023 @ 2:27 am
By: Daily Wire
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House Republicans sent letters to protect faith-based entities from discrimination in the federal budget due to their views on traditional marriage.
Published: Saturday, April 15th, 2023 @ 2:07 pm
By: Daily Wire
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Higher spending and lower revenue intake produced a $1.1 trillion budget deficit in the first six months of fiscal year 2023, according to a report released Monday by the Congressional Budget Office.
Published: Thursday, April 13th, 2023 @ 8:02 am
By: Daily Wire
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For the second year in a row, President Biden has snubbed Hungary, excluding them from his “Summit for Democracy,” which has a guest list of 120 countries.
Published: Monday, April 10th, 2023 @ 12:46 pm
By: Daily Wire
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Democrat Gov. Roy Cooper unveiled what he called his “First in Opportunity” budget at a press conference Wednesday, proposing to spend $32.95 billion in the first year of the biennium and $34.23 billion in the second year.
Published: Monday, April 10th, 2023 @ 7:56 am
By: Carolina Journal
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North Carolina Democrat Gov. Roy Cooper gave his fourth and final State of the State address Monday night to what appeared to be, at times, a divided room between Democrats and Republicans.
Published: Thursday, March 23rd, 2023 @ 6:27 pm
By: Carolina Journal
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The showdown over the future of the federal budget is taking shape as President Joe Biden releases his fiscal year 2024 spending proposal and House Republicans prepare to leverage their new majority to block the plan.
Published: Sunday, March 19th, 2023 @ 5:51 pm
By: Daily Wire
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The budget proposal submitted by the White House on Thursday would add roughly $43 billion in funding to the Internal Revenue Service, also known as the IRS, months after the tax enforcement agency received $80 billion through the Inflation Reduction Act.
Published: Sunday, March 19th, 2023 @ 9:53 am
By: Daily Wire
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Republican lawmakers denounced the fiscal year 2024 budget proposal released by President Joe Biden on Thursday.
Published: Sunday, March 19th, 2023 @ 9:12 am
By: Daily Wire
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President Joe Biden unveiled record spending and several new tax increases on Thursday in his budget proposal for fiscal year 2024.
Published: Sunday, March 19th, 2023 @ 5:03 am
By: Daily Wire
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Republican lawmakers proposed a bill to replace the income, payroll, and estate taxes with a national sales tax while abolishing the IRS.
Published: Tuesday, January 31st, 2023 @ 4:12 am
By: Daily Wire
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North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
Published: Thursday, January 26th, 2023 @ 9:05 am
By: John Locke Foundation
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North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
Published: Monday, January 23rd, 2023 @ 12:47 pm
By: Carolina Journal
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The Tax Foundation releases annual list of best states for businesses in terms of tax benefits
Published: Tuesday, January 17th, 2023 @ 10:25 am
By: John Locke Foundation
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The GOP Establishment has never liked the House Freedom Caucus. In fact, they have spent years slandering every iteration of the group as a cadre of nutcases cobbled together to cause chaos — and that’s to put it lightly.
Published: Wednesday, January 11th, 2023 @ 9:17 am
By: Daily Wire
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The states with the most severe business taxes in the new year are primarily located in the Northeast, while those with environments most welcoming to companies and entrepreneurs are generally in the Great Plains and the South.
Published: Wednesday, January 11th, 2023 @ 7:44 am
By: Daily Wire
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North Carolinians will have reason to celebrate on January 1, 2023 as they see more money in their paychecks.
Published: Sunday, December 25th, 2022 @ 9:02 am
By: Carolina Journal
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The stars of “Chrisley Knows Best” were sentenced on Monday to federal prison after being convicted for a slew of financial crimes in June.
Published: Monday, November 28th, 2022 @ 9:56 pm
By: Daily Wire
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British Prime Minister Liz Truss may be ousted six weeks into her tenure after she and fellow ministers caved on most portions of an aggressive economic reform package.
Published: Monday, November 14th, 2022 @ 12:18 pm
By: Daily Wire
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The International Monetary Fund (IMF) cautioned the British government on Tuesday as officials moved to cut taxes and regulations, arguing that the agenda will worsen inflationary pressures.
Published: Tuesday, November 1st, 2022 @ 10:29 pm
By: Daily Wire
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British Prime Minister Liz Truss argued in a Saturday opinion piece for an economic agenda centered upon tax cuts and deregulation.
Published: Sunday, October 23rd, 2022 @ 10:49 am
By: Daily Wire
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British Prime Minister Liz Truss is drawing comparisons to Margaret Thatcher and Ronald Reagan with her pursuit of lower taxes and higher economic growth.
Published: Sunday, October 23rd, 2022 @ 3:17 am
By: Daily Wire
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The above question was posed recently by Cato Institute fiscal policy expert Chris Edwards.
Published: Wednesday, October 19th, 2022 @ 10:37 pm
By: John Locke Foundation
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Tyson Foods announced last week that all employees in the Chicago area would be relocated, rendering the meat and poultry company one of multiple businesses to pull operations from the Windy City in recent months.
Published: Thursday, October 13th, 2022 @ 11:32 pm
By: Daily Wire
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“It’s Joe Manchin’s America.”
Published: Friday, September 30th, 2022 @ 3:56 am
By: Daily Wire
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THE PRESIDENT: Wes, thank you for that introduction. And Wes is the real deal. (Applause.) The real deal. Folks, he’s a combat veteran. Only drawback is he’s a Rhodes Scholar.
Published: Monday, September 5th, 2022 @ 5:32 pm
By: Eastern NC NOW Staff
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The Inflation Reduction Act, which President Joe Biden is poised to sign on Tuesday, will raise taxes on companies by a net $197 billion over the next decade.
Published: Friday, August 26th, 2022 @ 11:32 am
By: Daily Wire
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By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families. President Biden is the most pro-worker, pro-union President in history, and the Inflation Reduction Act builds on that legacy.
Published: Tuesday, August 23rd, 2022 @ 1:46 am
By: Eastern NC NOW Staff
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