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President Joe Biden’s son, Hunter Biden, was hit with numerous felony charges on Thursday night stemming from a federal investigation into his taxes.
Published: Thursday, December 28th, 2023 @ 3:44 pm
By: Daily Wire
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Research shows millions of dollars in eligible credits go unclaimed each year
Published: Monday, January 30th, 2023 @ 10:11 am
By: Governor's Office
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The federal government’s budget is in such disarray that balancing the books would require a 30% spending cut or a 40% increase in taxes, a recent study found.
Published: Sunday, January 8th, 2023 @ 11:57 am
By: Daily Wire
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Federal prosecutors have reportedly gathered enough information to charge President Joe Biden’s son, Hunter Biden, with multiple crimes related to taxes and lying to investigators about a firearm purchase.
Published: Monday, October 10th, 2022 @ 1:51 pm
By: Daily Wire
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The federal government drastically overestimates income inequality in the United States by failing to account for certain welfare programs and income taxes on the wealthiest earners, according to a study released on Tuesday by the Cato Institute.
Published: Monday, September 26th, 2022 @ 9:45 am
By: Daily Wire
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Local man Bob Bean, who pays 39% of his income to the Federal Government, celebrated his status as a free man living in America this weekend.
Published: Friday, July 8th, 2022 @ 8:25 am
By: Babylon Bee
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President Biden has asked Congress to implement a federal gas tax holiday to help Americans deal with rising gas prices. If implemented, Americans can look forward to saving 18.4 cents a gallon on gas. We'll all be rich!
Published: Sunday, July 3rd, 2022 @ 7:59 am
By: Babylon Bee
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Families should visit ChildTaxCredit.gov for tools, help filing
Published: Wednesday, February 9th, 2022 @ 7:56 am
By: Governor's Office
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Congress has begun its year-end sprint, and the debate over rising taxes is as hot as ever.
Published: Thursday, November 11th, 2021 @ 12:19 pm
By: Luka Laden
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This week, U.S. Senator Thom Tillis (R-NC) and a group of Senators introduced the bipartisan, bicameral Disaster Mitigation and Tax Parity Act, a bill that would make rebates that homeowners receive for making natural disaster mitigation improvements to their homes exempt from federal taxes.
Published: Thursday, August 12th, 2021 @ 8:47 pm
By: Thom Tillis
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Since Governor Pat McCrory entered office in January 2013, North Carolina's economy added 300,000 new jobs, the state experienced one of the largest drops in unemployment in the country, $2.6 billion in debt for federal unemployment insurance was paid off, personal income and business taxes were cut
Published: Monday, January 9th, 2017 @ 6:16 pm
By: McCrory Communications
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In North Carolina, the federal government owns 1.7 million acres, or 7.7 percent of the state. Federal land is found in nearly half of the state's counties, yet the majority of the federally owned land is concentrated in the western part of the state. Counties derive the majority of their...
Published: Tuesday, August 4th, 2015 @ 9:30 pm
By: John Locke Foundation
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The federal government spends more money each year than it collects in taxes and other revenue. That means annual spending deficits. Each deficit drives up the federal debt. Nick Dranias, president and executive director of the Compact for America Educational Foundation, has an interesting idea...
Published: Wednesday, May 27th, 2015 @ 10:30 am
By: John Locke Foundation
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The federal government spends more money each year than it collects in taxes and other revenue. That means annual spending deficits. Each deficit drives up the federal debt. Nick Dranias, president and executive director of the Compact for America Educational Foundation, has an interesting idea for
Published: Monday, May 25th, 2015 @ 7:12 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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State Rep. Michael Wray, a Democrat from Gaston who serves as deputy minority leader in the state House of Representatives, owes more than $100,000 in past-due federal, state, and local taxes, according to public records on file in Northampton and Halifax Counties.
Published: Friday, June 27th, 2014 @ 5:53 pm
By: John Locke Foundation
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The weather is getting warmer, the plants are in bloom, and people are starting to spend more time outside. Yes, it's springtime, and as we get more comfortable with the season change, one thing continues to put a damper on things - tax day. April 15 arrived today, but do you know exactly...
Published: Thursday, April 17th, 2014 @ 11:27 pm
By: John Locke Foundation
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I've had my disagreements with Duke Energy, both historically and recently. But the company got a bum rap in a new story stumbling its way through media circles: that Duke Energy uses abusive tax loopholes to avoid paying its fair share of federal income taxes.
Published: Friday, March 7th, 2014 @ 1:11 am
By: John Locke Foundation
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Although it may not seem obvious at first, there is a common denominator between two separate dramas playing out in Washington and Raleigh right now. Nationally, the top story in domestic policy is the impending implementation of the Affordable Care Act a.k.a. Obamacare.
Published: Thursday, September 26th, 2013 @ 3:28 pm
By: John Locke Foundation
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The Competitive Enterprise Institute - an excellent organization based in DC that fights the good fight for the free market - is suing on behalf of some small businesses and individuals to challenge the federal government's authority to collect taxes from the states to finance ObamaCare.
Published: Tuesday, June 4th, 2013 @ 7:42 pm
By: Brant Clifton
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One of the state's largest business organizations is keeping a close eye on two federal lawsuits challenging the authority of the IRS to collect Obamacare taxes in states, including North Carolina, that did not set up state-run health insurance exchanges.
Published: Tuesday, June 4th, 2013 @ 1:12 pm
By: John Locke Foundation
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Although I do not see any way to escape using state and federal grants as the most direct means of recapturing local taxes unfortunately sent to Raleigh and Washington, DC, I have strongly argued against matching grants to local businesses which are funded by additional burdens on local taxpayers.
Published: Sunday, May 19th, 2013 @ 6:05 pm
By: Warren Smith
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