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1,283 Results found for income tax

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The North Carolina House, Senate, and governor have each released their budget proposals for the upcoming biennium
 
North Carolina Gov. Roy Cooper took to a live streamed YouTube event on Monday to declare a statewide “emergency” over K-12 public school education funding.
North Carolina Gov. Roy Cooper took to a live streamed YouTube event on Monday to declare a statewide “emergency” over K-12 public school education funding.
 
Former Vice President Mike Pence has officially launched his 2024 presidential campaign, just days after officially filing to run.
Former Vice President Mike Pence has officially launched his 2024 presidential campaign, just days after officially filing to run.
 
former federal prosecutor calls out corrupt Merrick Garland DOJ
former federal prosecutor calls out corrupt Merrick Garland DOJ
 
On Monday, North Carolina Senate leaders unveiled their proposed state budget. Governor Cooper will be under pressure to sign the final version because Medicaid expansion, a bill he signed earlier this year, is tied to passing a budget.
On Monday, North Carolina Senate leaders unveiled their proposed state budget. Governor Cooper will be under pressure to sign the final version because Medicaid expansion, a bill he signed earlier this year, is tied to passing a budget.
 
Taking private property from one owner to convey it to another private owner should be stopped
Taking private property from one owner to convey it to another private owner should be stopped
 
North Carolina Secretary of State Elaine Marshall announced during this month’s small business week that new business filings are still at near-record levels in North Carolina.
North Carolina Secretary of State Elaine Marshall announced during this month’s small business week that new business filings are still at near-record levels in North Carolina.
 
The North Carolina Senate released its biennium budget proposal this week as scheduled, with the expectation of meeting with the state House to establish a conference budget before the current fiscal year ends on June 30
The North Carolina Senate released its biennium budget proposal this week as scheduled, with the expectation of meeting with the state House to establish a conference budget before the current fiscal year ends on June 30
 
Leftist allies of Chicago’s new Mayor Brandon Johnson have proposed a budget plan that would tax the rich and businesses, and would effectively defund police in a city already nearly crippled by crime.
Leftist allies of Chicago’s new Mayor Brandon Johnson have proposed a budget plan that would tax the rich and businesses, and would effectively defund police in a city already nearly crippled by crime.
 
Residents of several cities in the United States require a salary much higher than $100,000 to feel as if they are earning six figures due to elevated costs of living and aggressive taxes, according to a recent analysis from SmartAsset.
Residents of several cities in the United States require a salary much higher than $100,000 to feel as if they are earning six figures due to elevated costs of living and aggressive taxes, according to a recent analysis from SmartAsset.
 
The federal government wasted as much as $247 billion in payment errors during fiscal year 2022, according to a report from the Government Accountability Office released at the end of last month.
The federal government wasted as much as $247 billion in payment errors during fiscal year 2022, according to a report from the Government Accountability Office released at the end of last month.
 
Taxes collected from all the people should be spent only for the benefit of all of the people, not selected groups.
Taxes collected from all the people should be spent only for the benefit of all of the people, not selected groups.
 
The North Carolina Senate Health Care Committee held a discussion Wednesday on a bill that would help those affected by medical debt, and members are hoping that the second time is the charm.
The North Carolina Senate Health Care Committee held a discussion Wednesday on a bill that would help those affected by medical debt, and members are hoping that the second time is the charm.
 
It’s budget season in the Tar Heel State. We have high hopes that this biennium budget can allow for substantial benefits to North Carolinians.
It’s budget season in the Tar Heel State. We have high hopes that this biennium budget can allow for substantial benefits to North Carolinians.
 
Three electric utility companies in California proposed a fixed-rate billing plan under which high-income households would pay more than low-income households.
Three electric utility companies in California proposed a fixed-rate billing plan under which high-income households would pay more than low-income households.
 
Pay no attention to the tax rate. The issue is how much more are they going to spend.
Pay no attention to the tax rate. The issue is how much more are they going to spend.
 
The difference between Republican governance and Democrat tax and spend
The difference between Republican governance and Democrat tax and spend
 
In 2013, the new General Assembly held the sales tax at 4.75%, while expanding the base. Consumption-based taxes like the sales tax are more stable and less economically destructive than income taxes which discourage savings and investment.
In 2013, the new General Assembly held the sales tax at 4.75%, while expanding the base. Consumption-based taxes like the sales tax are more stable and less economically destructive than income taxes which discourage savings and investment.
 
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.
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.
 
The N.C. Supreme Court will look much different in 2023. Voters decided in November to oust one incumbent Democrat from the state’s highest court.
The N.C. Supreme Court will look much different in 2023. Voters decided in November to oust one incumbent Democrat from the state’s highest court.
 
Ten years ago, in July of 2013, the Republican-led General Assembly enacted historic tax reforms. Perhaps most notably, lawmakers overhauled the state’s personal income tax, moving from a progressive multi-tiered structure to a flat, simple rate.
Ten years ago, in July of 2013, the Republican-led General Assembly enacted historic tax reforms. Perhaps most notably, lawmakers overhauled the state’s personal income tax, moving from a progressive multi-tiered structure to a flat, simple rate.
 
The American Legislative Exchange Council (ALEC), along with Dr. Arthur B. Laffer, just released their 2023 annual report of Rich States, Poor States.
The American Legislative Exchange Council (ALEC), along with Dr. Arthur B. Laffer, just released their 2023 annual report of Rich States, Poor States.
 
The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
 
It's about money: $4.6 billion in cash. But it's also about the role this company should play in our state.
It's about money: $4.6 billion in cash. But it's also about the role this company should play in our state.
 
The NC Senate signaled their intentions Wednesday to aggressively lower the state’s personal income tax rate.
The NC Senate signaled their intentions Wednesday to aggressively lower the state’s personal income tax rate.
 
The progressive left often argues that the rich do not pay enough in taxes. The tax code is not progressive enough, they say. But, the tax code is much more progressive than they would like to admit. See the below graph from The Heritage Foundation.
The progressive left often argues that the rich do not pay enough in taxes. The tax code is not progressive enough, they say. But, the tax code is much more progressive than they would like to admit. See the below graph from The Heritage Foundation.
 
The North Carolina House released its biennium budget proposal this week as scheduled, and the North Carolina Senate is scheduled to release its version next before the two chambers meet to establish a conference budget
The North Carolina House released its biennium budget proposal this week as scheduled, and the North Carolina Senate is scheduled to release its version next before the two chambers meet to establish a conference budget
 
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.
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.
 
My latest piece at the American Institute for Economic Research discusses the particularly harmful impact progressive income taxes have on productivity and the poor.
My latest piece at the American Institute for Economic Research discusses the particularly harmful impact progressive income taxes have on productivity and the poor.
 
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.
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.
 
Senate Republicans introduce a relatively weak version of the universal school choice bills enacted in other states
Senate Republicans introduce a relatively weak version of the universal school choice bills enacted in other states
 
Passage appears greased by Medicaid expansion...i.e. you scratch my back and I'll scratch yours
Passage appears greased by Medicaid expansion...i.e. you scratch my back and I'll scratch yours
 
Republican Lt. Gov. Mark Robinson said that he doesn’t consider himself a politician but rather a public servant, as he delivered the Republican response to Gov. Roy Cooper’s final State of the State address on Monday night.
Republican Lt. Gov. Mark Robinson said that he doesn’t consider himself a politician but rather a public servant, as he delivered the Republican response to Gov. Roy Cooper’s final State of the State address on Monday night.
 
Governor Cooper released his recommended budget for the biennium today. The General Assembly has already begun budget writing, and the Governor’s recommendations, in this case, are purely political.
Governor Cooper released his recommended budget for the biennium today. The General Assembly has already begun budget writing, and the Governor’s recommendations, in this case, are purely political.
 
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