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A bill to end payroll dues deductions for all public employees In North Carolina was introduced earlier this week.
Published: Saturday, March 4th, 2023 @ 3:29 pm
By: John Locke Foundation
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Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
Published: Thursday, December 22nd, 2022 @ 3:15 am
By: John Locke Foundation
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If the FBI thinks its reputation was restored by John Durham’s latest – and likely last – courtroom defeat as special counsel, its powers of deduction are no better than when it launched a probe into whether ex-President Trump was a Russian asset
Published: Monday, October 24th, 2022 @ 2:53 pm
By: Daily Wire
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Jason Furman, the former chairman of former President Barack Obama’s Council of Economic Advisers (CEA), slammed Democrats on Tuesday for reportedly closing in on a deal that would repeal the cap on the deduction for state and local taxes (SALT), which would amount to a tax cut for the ultrawealthy.
Published: Friday, August 19th, 2022 @ 4:44 pm
By: Daily Wire
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Every one of us could find some productive use of an extra $20. Those at the lower end of the income scale are most likely to notice whether that money ends up in their wallet or with the N.C. Department of Revenue.
Published: Wednesday, May 22nd, 2019 @ 4:23 pm
By: Carolina Journal
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Since I and other Republicans gained control of the General Assembly in 2011, the Assembly has championed the philosophy of cutting taxes - thus a lower sales tax rate, personal income tax rate and corporate tax rate on North Carolina families and businesses, while raising the standard deduction for
Published: Thursday, February 1st, 2018 @ 3:07 pm
By: Bill Cook
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Tax policy is as much about regulation as it is the efficiency and simplicity of raising revenues to pay for government activity
Published: Saturday, January 20th, 2018 @ 4:17 am
By: John Locke Foundation
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Most reports about the recently passed federal tax plan have included a line about the near doubling of the standard personal income tax deduction
Published: Thursday, January 4th, 2018 @ 6:56 pm
By: John Locke Foundation
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North Carolina has already accomplished what Republicans in Washington want to pass - historic tax reform that caps or eliminates special-interest deductions, cuts tax rates, and encourages investment, business formation, and job creation
Published: Thursday, November 23rd, 2017 @ 10:14 pm
By: John Locke Foundation
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A new report from State Auditor Beth Wood says the agency has not been able to certify that the North Carolina Association of Educators meets statutory membership (G.S. 143B-426.40(g) requirements to permit the state to perform payroll dues deductions
Published: Wednesday, November 15th, 2017 @ 2:39 am
By: Civitas Insitute
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Should you ever be taxed on "income" that is not, in any meaningful sense, yours
Published: Tuesday, October 24th, 2017 @ 10:22 am
By: John Locke Foundation
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Senate leaders are proposing a $1 billion middle class tax reduction plan that would lower personal and corporate income taxes, increase mortgage interest deductions, and allow for unlimited medical and charitable tax deductions
Published: Monday, March 20th, 2017 @ 8:58 pm
By: John Locke Foundation
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Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
Published: Friday, May 1st, 2015 @ 1:51 am
By: John Locke Foundation
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North Carolina's state income tax penalizes people's income-generating activities by reducing the rewards to work, saving, investment, and entrepreneurship.
Published: Friday, May 30th, 2014 @ 12:01 pm
By: John Locke Foundation
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GOP Gov. Pat McCrory called a tax reform compromise reached with legislative leaders "another historic step to ensure what I refer to often as a Carolina comeback." House Speaker Thom Tillis, R-Mecklenburg, said it was proof that that reports of the death of cooperation between the House and the...
Published: Tuesday, July 16th, 2013 @ 2:41 pm
By: John Locke Foundation
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A spokesman for House Speaker Thom Tillis said Wednesday that Republican caucus members have come to an agreement on tax reform and will move forward...
Published: Saturday, June 8th, 2013 @ 8:09 am
By: John Locke Foundation
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A House GOP-sponsored tax reform package got out of that chamber's Finance Committee on Tuesday, but not before it was tweaked to remove a cap that had been placed on deductions for mortgage interest, local property taxes and charitable contributions.
Published: Thursday, June 6th, 2013 @ 7:06 am
By: John Locke Foundation
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