In 2013 the state of North Carolina passed and began implementing a program of sweeping tax reform meant to remove barriers to economic growth that were embedded in the state's burdensome tax code
Published: Tuesday, September 13th, 2016 @ 3:30 pm
By: John Locke Foundation
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"North Carolina's economy is firing on all cylinders," said Governor McCrory. "North Carolina is home to one of the fastest growing economies in the nation, revenues are up above projections, unemployment is at an 8-year-low and more than 275,000 private sector jobs have been added since 2013."
Published: Sunday, July 24th, 2016 @ 8:50 am
By: McCrory Communications
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Supporting Governor Pat McCrory's efforts to increase trade and promote economic growth at our state ports, North Carolina officials welcomed the largest containership to visit the Port of Wilmington
Published: Tuesday, July 5th, 2016 @ 7:57 pm
By: McCrory Communications
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North Carolina should abandon economic development policy and completely refocus on economic growth
Published: Friday, July 1st, 2016 @ 2:01 am
By: John Locke Foundation
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The North Carolina Republican Party (NCGOP) today released the following statement on the May jobs report...
Published: Monday, June 6th, 2016 @ 1:20 pm
By: Chris Downey
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Governor Pat McCrory joined state and local leaders, transportation officials and members of the Wilmington community to unveil the newly finished Third Street Bridge, which opened to traffic in downtown Wilmington today. On his visit, Governor McCrory called to invest more than $120 million of...
Published: Sunday, May 22nd, 2016 @ 10:49 am
By: McCrory Communications
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When it comes to economic growth, North Carolina is one of the Magnificent Seven
Published: Wednesday, May 11th, 2016 @ 2:27 am
By: John Locke Foundation
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The 2016 legislative short session begins April 25. While continued uncertainty over congressional (and even legislative) district maps could cut into the General Assembly's calendar, there are a number of moves our elected officials could make this year to highlight economic growth
Published: Sunday, April 24th, 2016 @ 8:20 am
By: John Locke Foundation
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The U.S. Supreme Court today put on hold the Obama administration's federal power plan that would increase North Carolina power bills by an estimated 22 percent and threaten economic growth. Today's ruling sends a strong signal that the petitioning states, which include North Carolina, will...
Published: Sunday, February 21st, 2016 @ 4:30 am
By: McCrory Communications
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Governor Pat McCrory announced today that North Carolina received an AAA bond rating from all three major bond rating agencies, the highest rating possible. The ratings are a result of sound fiscal management and prospects for continued economic growth under the governor's leadership...
Published: Friday, February 12th, 2016 @ 4:25 pm
By: McCrory Communications
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Yesterday, ace Carolina Journal reporter Dan Way brought a fascinating yet frightening UNESCO email to my attention. The organization announced a new campaign that calls on teachers "to become advocates for education to help lobby for progress toward achieving the new sustainable development agenda.
Published: Wednesday, January 6th, 2016 @ 3:19 am
By: John Locke Foundation
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Remember the old tale about a drunken man crawling around under a lamppost? Dating at least as far back as 1924, the joke starts off with a police officer approaching the drunk to ask what he's looking for. In earlier versions of the joke, it's a dollar bill. In later versions, it's a set of car...
Published: Wednesday, September 2nd, 2015 @ 3:29 am
By: John Locke Foundation
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As the nation's sub-par economic recovery continues, tax revenues to state coffers are not rising as rapidly as in past periods of robust economic growth. Some left-leaning groups in North Carolina have attempted to seize upon this as an opportunity to criticize the state's 2013 tax cuts as a...
Published: Saturday, August 22nd, 2015 @ 4:13 am
By: McCrory Communications
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Are you an epicurean? The answer to this question reveals something about you, something about the English language, and something about the power of propaganda.
Published: Saturday, August 15th, 2015 @ 5:52 am
By: John Locke Foundation
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In his recent article titled "Fooled by GDP: Economic Activity vs Economic Growth" for the Freeman (monthly magazine of the Foundation for Economic Education), Professor Steve Horwitz of St. Lawrence University asks and answers a very important question: Does Gross Domestic Product (GDP) measure...
Published: Thursday, August 13th, 2015 @ 8:28 am
By: John Locke Foundation
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To hear some policymakers talk, one would think colleges and universities exist mainly to enhance economic growth rather than to educate.
Published: Monday, July 6th, 2015 @ 10:17 pm
By: John William Pope Center
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Momentum for Governor Pat McCrory's Connect NC bond proposal continues to build as counties across the state express official support for the initiative. Currituck, Cabarrus, Dare and Sampson Counties have all passed resolutions expressing support for placing the Connect NC bonds on the ballot in...
Published: Sunday, June 7th, 2015 @ 12:30 pm
By: Chris Downey
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As you may have heard, there is good news out of the state capital: General Fund revenue is now projected to grow significantly faster than budget officials and legislative staffers had once thought. The bad news, however, is that within minutes of this announcement, the spending lobbies and...
Published: Friday, May 15th, 2015 @ 10:35 pm
By: John Locke Foundation
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Because of tough decisions made by the General Assembly and Gov. Pat McCrory, North Carolina's payroll tax is expected to drop by about $280 million in 2016 and as much as $550 million by 2017. What you think about this sequence of events says a lot about your political philosophy and your...
Published: Friday, May 8th, 2015 @ 11:34 am
By: John Locke Foundation
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While last-minute filers across the country rush to a post office or computer terminal to file their 2014 income tax returns, North Carolinians are within 24 hours of reaching an important date for this year - Tax Freedom Day.
Published: Saturday, April 18th, 2015 @ 12:56 pm
By: John Locke Foundation
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Energy is necessary for just about everything we do. And when the cost of energy goes up, we pay more over and over and over. Residential customers pay more to keep the lights on and the refrigerator running. Business owners pay more to keep the lights on and the machines running. Consumers pay...
Published: Monday, April 13th, 2015 @ 5:18 pm
By: John Locke Foundation
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If you want to understand the debate about how best to promote growth within a capitalist society, start with the root word: capital.
Published: Tuesday, April 7th, 2015 @ 10:54 pm
By: John Locke Foundation
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If North Carolina's tax burden has no effect on business decisions and the performance of the economy, as left-of-center politicians and editorialists have repeatedly insisted, then why are they so enamored with targeted tax breaks?
Published: Tuesday, March 17th, 2015 @ 11:45 am
By: John Locke Foundation
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Over the past several weeks, I have been discussing some of the silliness surrounding the analysis of lower oil and gasoline prices. It was pointed out here and here that the main reason why lower prices, if sustained, will lead to economic growth is that they will reduce the cost of production...
Published: Wednesday, February 11th, 2015 @ 1:37 pm
By: John Locke Foundation
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Governor McCrory recognizes that our state's transportation infrastructure plays a critical role in attracting and retaining businesses, while connecting people to jobs, healthcare, education and recreation. That's why he created a 25-year vision to map our future and determine how to best...
Published: Saturday, February 7th, 2015 @ 4:54 am
By: Chris Downey
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Religious liberty - which is the first right secured in the Bill of Rights - has won again in the nation's highest court. In a unanimous decision this week (Holt v. Hobbs), the U.S. Supreme Court has held that an Arkansas state prison policy that prohibited inmates from growing beards...
Published: Sunday, January 25th, 2015 @ 10:50 am
By: John Locke Foundation
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As the 2014 election cycle draws to a close, few states have drawn so much national attention as North Carolina, thanks to the tight Hagan-Tillis race, the dramatic turn in state government from blue to red, and our status as a presidential swing state in 2008 and 2012.
Published: Friday, October 31st, 2014 @ 10:37 pm
By: John Locke Foundation
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Which picture of North Carolina's recent past is more accurate? I'll call the two alternatives Tar Heel Limbo and Tar Heel Heaven. (And, no, I'm not referring to the fake-class scandal at UNC-Chapel Hill. That's clearly Tar Heel Hell.)
Published: Friday, October 31st, 2014 @ 5:30 am
By: John Locke Foundation
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Gov. Pat McCrory and some Republican lawmakers in the General Assembly say they need more “tools” for economic development in North Carolina — by which they mean targeted tax breaks and corporate subsidies.
Published: Thursday, August 21st, 2014 @ 9:21 am
By: John Locke Foundation
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We don't know what the composition of the North Carolina General Assembly will look like after the November election. Republicans are favored to hold their majorities in both legislative chambers, to be sure, but their edge could shrink a lot, shrink a little, or stay roughly the same (a net increas
Published: Monday, August 11th, 2014 @ 11:36 am
By: John Locke Foundation
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Last year's state tax reform lowered income tax rates for all working North Carolinians.
Published: Wednesday, July 16th, 2014 @ 11:44 pm
By: Civitas Insitute
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Before an entrepreneur considers whether to expand his business or move to a new location, he typically goes through a checklist that includes most, if not all, of these items...
Published: Tuesday, July 15th, 2014 @ 10:24 am
By: John Locke Foundation
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Dean Baker is an economist who co-directs a left-wing group in Washington called the Center for Economic and Policy Research. Liberal groups in North Carolina and elsewhere often cite Baker as an authority on the effects of public policy on economic growth.
Published: Monday, July 14th, 2014 @ 2:25 pm
By: John Locke Foundation
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Despite all the talk of a "war on science" being waged by political conservatives and Republican politicians - to match their supposed wars on women, men, the young, and the old, no doubt - North Carolina now features a shrill and relentless rhetorical war on social science by political...
Published: Friday, June 13th, 2014 @ 12:18 pm
By: John Locke Foundation
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