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119 Results found for income tax

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Voters will decide this fall whether North Carolina taxpayers should receive protection in the state constitution against the state taxing more than 7 percent of their personal income
Voters will decide this fall whether North Carolina taxpayers should receive protection in the state constitution against the state taxing more than 7 percent of their personal income
 
A bill that would change the state constitution to lower the cap on the income tax rate is scheduled for consideration by the House Rules committee today
A bill that would change the state constitution to lower the cap on the income tax rate is scheduled for consideration by the House Rules committee today
 
SurveyUSA, along with the Civitas Institute, a nonprofit conservative public policy organization, released findings from a flash poll showing a majority of voters support several constitutional amendments proposed this year
SurveyUSA, along with the Civitas Institute, a nonprofit conservative public policy organization, released findings from a flash poll showing a majority of voters support several constitutional amendments proposed this year
 
North Carolina's corporate income tax currently stands at 3 percent, and it is scheduled to be reduced to 2.5 percent in January
North Carolina's corporate income tax currently stands at 3 percent, and it is scheduled to be reduced to 2.5 percent in January
 
The Democratic governor suggests Republican leaders of the N.C. General Assembly favor those groups over people with lower incomes. But the facts show that the governor bears responsibility for trying to divide North Carolinians by income level
The Democratic governor suggests Republican leaders of the N.C. General Assembly favor those groups over people with lower incomes. But the facts show that the governor bears responsibility for trying to divide North Carolinians by income level
 
Gov. Roy Cooper vetoed the $23.9 billion General Fund budget for 2018-19, warning Republicans that voters in November’s general election will reject GOP candidates and their policies
Gov. Roy Cooper vetoed the $23.9 billion General Fund budget for 2018-19, warning Republicans that voters in November’s general election will reject GOP candidates and their policies
 
What is a tax increase? Sounds like a simple question. But when politics intrudes, simple becomes complicated - or even convoluted
What is a tax increase? Sounds like a simple question. But when politics intrudes, simple becomes complicated - or even convoluted
 
Gov. Roy Cooper unveiled a $24.5 billion state General Fund budget for 2018-19 that freezes scheduled drops in corporate and some personal income tax rates
Gov. Roy Cooper unveiled a $24.5 billion state General Fund budget for 2018-19 that freezes scheduled drops in corporate and some personal income tax rates
 
When it comes to debates over tax reform or tax cuts (rarely for tax increases), it is quite typical for questions of fairness and justice to be part of the conversation
When it comes to debates over tax reform or tax cuts (rarely for tax increases), it is quite typical for questions of fairness and justice to be part of the conversation
 
North Carolina was seventh-best among states for its economic outlook, says the 2018 edition of the American Legislative Exchange Council’s Rich States, Poor States
North Carolina was seventh-best among states for its economic outlook, says the 2018 edition of the American Legislative Exchange Council’s Rich States, Poor States
 
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
 
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
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
 
It's a pretty safe bet that most N.C. voters dislike "corporate giveaways."
 
Most reports about the recently passed federal tax plan have included a line about the near doubling of the standard personal income tax deduction
Most reports about the recently passed federal tax plan have included a line about the near doubling of the standard personal income tax deduction
 
There's a valid argument against federal tax reform - an argument that didn't apply to North Carolina's path-breaking reforms - but congressional Democrats and their ideological allies are spending most of their time repeating misleading talking points about the bill
There's a valid argument against federal tax reform - an argument that didn't apply to North Carolina's path-breaking reforms - but congressional Democrats and their ideological allies are spending most of their time repeating misleading talking points about the bill
 
Late Tuesday night, the Republican Senate passed historic tax reform - a massive package of corporate tax cuts and well-sized individual tax cuts, combined with the repeal of the individual mandate and opening the Arctic National Wildlife Refuge for oil exploration
Late Tuesday night, the Republican Senate passed historic tax reform - a massive package of corporate tax cuts and well-sized individual tax cuts, combined with the repeal of the individual mandate and opening the Arctic National Wildlife Refuge for oil exploration
 
North Carolinians would experience large gains in after-tax income under the tax-reform bill released last week in Washington, according to an initial analysis by the nonpartisan Tax Foundation
North Carolinians would experience large gains in after-tax income under the tax-reform bill released last week in Washington, according to an initial analysis by the nonpartisan Tax Foundation
 
On Thursday John Buie accompanied the management team from JEB Designs to a trade show in Charlotte to inspect a $60,000 machine for his small screen-printing/embroidery company
On Thursday John Buie accompanied the management team from JEB Designs to a trade show in Charlotte to inspect a $60,000 machine for his small screen-printing/embroidery company
 
Should you ever be taxed on "income" that is not, in any meaningful sense, yours
 
A runner could make major improvements in his 5K time by starting his race at the 1,000-meter mark
A runner could make major improvements in his 5K time by starting his race at the 1,000-meter mark
 
State income tax reforms have removed thousands of North Carolinians from the income tax rolls.
State income tax reforms have removed thousands of North Carolinians from the income tax rolls.
 
It's a stark contrast: A person earning $1 million a year gets a tax break of $8,226
It's a stark contrast: A person earning $1 million a year gets a tax break of $8,226
 
While North Carolina legislators and Gov. Roy Cooper haven't yet received the report on state income taxes paid or refunded by the April deadline, they shouldn't count on a positive "April surprise" to make fiscal decisions for them
While North Carolina legislators and Gov. Roy Cooper haven't yet received the report on state income taxes paid or refunded by the April deadline, they shouldn't count on a positive "April surprise" to make fiscal decisions for them
 
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
 
True, longtime Raleigh News & Observer political columnist Rob Christensen might have written his latest piece before reading last week’s Carolina Journal Daily Journal on recent progressive changes to North Carolina’s personal income tax
True, longtime Raleigh News & Observer political columnist Rob Christensen might have written his latest piece before reading last week’s Carolina Journal Daily Journal on recent progressive changes to North Carolina’s personal income tax
 
The state Senate has given its approval to a proposed constitutional amendment capping the income tax rate at 5.5 percent, but one lawmaker has a better idea
The state Senate has given its approval to a proposed constitutional amendment capping the income tax rate at 5.5 percent, but one lawmaker has a better idea
 
State Sen. Jerry Tillman, R-Randolph, has a reputation for being plain-spoken
 
As legislative Republicans return to Raleigh, additional tax reforms will be on their agenda
As legislative Republicans return to Raleigh, additional tax reforms will be on their agenda
 
"North Carolina's recent, major changes in economic policy have resulted, thus far, in sizable increases in economic growth, employment, and salaries, and reductions in unemployment rates."
"North Carolina's recent, major changes in economic policy have resulted, thus far, in sizable increases in economic growth, employment, and salaries, and reductions in unemployment rates."
 
That's what recent tax reforms have delivered to North Carolina, according to a new academic study released today by the Civitas Institute
That's what recent tax reforms have delivered to North Carolina, according to a new academic study released today by the Civitas Institute
 
There are few aspects of the 2013 tax reform in North Carolina that have drawn more criticism from Democrats and progressives than elimination of the Earned Income Tax Credit
There are few aspects of the 2013 tax reform in North Carolina that have drawn more criticism from Democrats and progressives than elimination of the Earned Income Tax Credit
 
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
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
 
The final numbers are in on North Carolina's budget surplus. They are informative. They ought to provoke significant debate and discussion. Instead, they have gotten virtually no media coverage or public comment
The final numbers are in on North Carolina's budget surplus. They are informative. They ought to provoke significant debate and discussion. Instead, they have gotten virtually no media coverage or public comment
 
By collecting $21.3 billion in General Fund revenues during the 2015-16 fiscal year, the corporate income tax rate will drop to 3 percent in January
By collecting $21.3 billion in General Fund revenues during the 2015-16 fiscal year, the corporate income tax rate will drop to 3 percent in January
 
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