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399 Results found for income tax rate

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Former healthcare executive Jesse Thomas has announced that he is dropping out of the GOP primary race for governor in order to run for North Carolina’s secretary of state.
Former healthcare executive Jesse Thomas has announced that he is dropping out of the GOP primary race for governor in order to run for North Carolina’s secretary of state.
 
North Carolina has climbed to rank 9th in the nation for its tax climate, according to the latest study conducted by the nonprofit Tax Foundation.
North Carolina has climbed to rank 9th in the nation for its tax climate, according to the latest study conducted by the nonprofit Tax Foundation.
 
Discover the real cost of living in North Carolina for renters. Explore housing expenses, utilities, and budgeting tips.
Discover the real cost of living in North Carolina for renters. Explore housing expenses, utilities, and budgeting tips.
 
The state Revenue Department has filed a brief with North Carolina's highest court defending its decision to block a tax exemption related to equipment purchased to make asphalt.
The state Revenue Department has filed a brief with North Carolina's highest court defending its decision to block a tax exemption related to equipment purchased to make asphalt.
 
A five-year-old lawsuit challenging North Carolina's voter ID and tax cap state constitutional amendments will head to a three-judge panel.
A five-year-old lawsuit challenging North Carolina's voter ID and tax cap state constitutional amendments will head to a three-judge panel.
 
An influential staffer at the General Assembly recently described NCInnovation as a “free market approach”
An influential staffer at the General Assembly recently described NCInnovation as a “free market approach”
 
Praising North Carolina as “one of the foremost leaders in pro-growth state tax reform and relief over the past decade,” the Tax Foundation last week provided some analysis and guidance for the House and Senate tax change proposals.
Praising North Carolina as “one of the foremost leaders in pro-growth state tax reform and relief over the past decade,” the Tax Foundation last week provided some analysis and guidance for the House and Senate tax change proposals.
 
The North Carolina House, Senate, and governor have each released their budget proposals for the upcoming biennium
 
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.
 
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.
 
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
 
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.
 
The difference between Republican governance and Democrat tax and spend
The difference between Republican governance and Democrat tax and spend
 
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.
 
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.
 
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
 
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
 
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.
 
North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
 
“It is important to recognize that some of this growth in business formation is due to necessity entrepreneurship as more workers were displaced during the pandemic,” said Greg Brown
“It is important to recognize that some of this growth in business formation is due to necessity entrepreneurship as more workers were displaced during the pandemic,” said Greg Brown
 
Though the national media often fails to give them attention, state tax reforms are underway across the country.
Though the national media often fails to give them attention, state tax reforms are underway across the country.
 
In an anxious time, a rosy picture of North Carolina doesn't quite resonate
In an anxious time, a rosy picture of North Carolina doesn't quite resonate
 
The 2021 long session brought North Carolina a “First in Freedom” budget, with pro-growth tax cuts which will continue to reward taxpayers in 2023 and beyond.
The 2021 long session brought North Carolina a “First in Freedom” budget, with pro-growth tax cuts which will continue to reward taxpayers in 2023 and beyond.
 
North Carolinians will have reason to celebrate on January 1, 2023 as they see more money in their paychecks.
North Carolinians will have reason to celebrate on January 1, 2023 as they see more money in their paychecks.
 
North Carolina places 10th in the nation for its tax environment, according to new rankings from the Washington, D.C.-based Tax Foundation.
North Carolina places 10th in the nation for its tax environment, according to new rankings from the Washington, D.C.-based Tax Foundation.
 
The N.C. Supreme Court dismissed as "moot" a request to speed up proceedings in a lawsuit challenging two state constitutional amendments.
The N.C. Supreme Court dismissed as "moot" a request to speed up proceedings in a lawsuit challenging two state constitutional amendments.
 
The N.C. NAACP is seeking a "writ of mandamus" from the N.C. Supreme Court. It would speed up action in a case targeting state constitutional amendments for voter ID and a lower income tax cap.
The N.C. NAACP is seeking a "writ of mandamus" from the N.C. Supreme Court. It would speed up action in a case targeting state constitutional amendments for voter ID and a lower income tax cap.
 
The nonprofit Tax Foundation has released its State Business Tax Climate Index each year since 2003, distilling complicated tax environments into a simple and easy-to-understand ranking. The index is focused on how states generate revenue, not how much.
The nonprofit Tax Foundation has released its State Business Tax Climate Index each year since 2003, distilling complicated tax environments into a simple and easy-to-understand ranking. The index is focused on how states generate revenue, not how much.
 
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