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The above question was posed recently by Cato Institute fiscal policy expert Chris Edwards.
The above question was posed recently by Cato Institute fiscal policy expert Chris Edwards.
 
State Treasurer Dale Folwell is drawing attention to North Carolina’s No. 2 ranking in a new assessment of states’ economic outlook. The Tar Heel State trails only Utah in the ranking from the American Legislative Exchange Council.
State Treasurer Dale Folwell is drawing attention to North Carolina’s No. 2 ranking in a new assessment of states’ economic outlook. The Tar Heel State trails only Utah in the ranking from the American Legislative Exchange Council.
 
North Carolina Soars to No. 2 Ranking on Key National Economic Outlook Index; State Debt Set to Fall Over 60% in 8-Year Period
North Carolina Soars to No. 2 Ranking on Key National Economic Outlook Index; State Debt Set to Fall Over 60% in 8-Year Period
 
The COVID-19 pandemic has thrown a huge blow at the economies of many states, with North Carolina falling about the middle of the pack; better than most, but worse than others.
The COVID-19 pandemic has thrown a huge blow at the economies of many states, with North Carolina falling about the middle of the pack; better than most, but worse than others.
 
N.C. House Speaker Tim Moore, R-Cleveland, was joined by House budget chairs Monday, Aug. 9, for a news conference outlining the chamber’s biennial proposal.
N.C. House Speaker Tim Moore, R-Cleveland, was joined by House budget chairs Monday, Aug. 9, for a news conference outlining the chamber’s biennial proposal.
 
As another year draws to a close, a year of Democratic resurgence in both national and local politics, I offer this challenge to incumbent and newly elected lawmakers alike
As another year draws to a close, a year of Democratic resurgence in both national and local politics, I offer this challenge to incumbent and newly elected lawmakers alike
 
Tax reform is always a work in progress as legislators seek to raise revenue for the government without impeding the economy
Tax reform is always a work in progress as legislators seek to raise revenue for the government without impeding the economy
 
The $23.9 billion state General Fund budget proposal reduces personal and corporate income taxes and increases education spending by nearly $700 million
The $23.9 billion state General Fund budget proposal reduces personal and corporate income taxes and increases education spending by nearly $700 million
 
Try as I might, I can't see the wisdom behind this proposed "transformative" projects expansion. I can't. It's terrible
Try as I might, I can't see the wisdom behind this proposed "transformative" projects expansion. I can't. It's terrible
 
Senate leaders are proposing a $1 billion middle class tax reduction plan that would lower personal and corporate income taxes, increase mortgage interest deductions, and allow for unlimited medical and charitable tax deductions
Senate leaders are proposing a $1 billion middle class tax reduction plan that would lower personal and corporate income taxes, increase mortgage interest deductions, and allow for unlimited medical and charitable tax deductions
 
Top legislative budget and tax writers say the N.C. General Assembly isn't likely to tackle more extensive tax reform next year. Nor are major spending changes in the works
Top legislative budget and tax writers say the N.C. General Assembly isn't likely to tackle more extensive tax reform next year. Nor are major spending changes in the works
 
If Roy Cooper and North Carolina Democrats regain control of state government in Raleigh, where would they get the money to pay for all the spending promises they are making?
If Roy Cooper and North Carolina Democrats regain control of state government in Raleigh, where would they get the money to pay for all the spending promises they are making?
 
Reversing a trend, North Carolina has experienced ten consecutive quarters of per capita income growth equal to or greater than the national average, the latest data show
Reversing a trend, North Carolina has experienced ten consecutive quarters of per capita income growth equal to or greater than the national average, the latest data show
 
In the video clip below, being touted by the McCrory for Governor campaign, Governor Pat McCrory tells business leaders at the NC Chamber of Commerce that the way to keep North Carolina "moving forward" economically is to pass the North Carolina Competes legislation - basically an expansion of...
In the video clip below, being touted by the McCrory for Governor campaign, Governor Pat McCrory tells business leaders at the NC Chamber of Commerce that the way to keep North Carolina "moving forward" economically is to pass the North Carolina Competes legislation - basically an expansion of...
 
If leaders of the North Carolina House of Representatives are right that the state needs a 6.3 percent increase in General Fund spending for the coming year, then they were wrong two years ago when they helped craft an historic tax-reform package to boost North Carolina's economic competitiveness.
If leaders of the North Carolina House of Representatives are right that the state needs a 6.3 percent increase in General Fund spending for the coming year, then they were wrong two years ago when they helped craft an historic tax-reform package to boost North Carolina's economic competitiveness.
 
When I tell audiences that I have always been a committed Marxist, I usually get a combination of disbelieving snorts and knowing chuckles. The cleverest response goes something like this: "I can believe you've been a committed Marxist, but I can't believe they'd ever let you out!"
When I tell audiences that I have always been a committed Marxist, I usually get a combination of disbelieving snorts and knowing chuckles. The cleverest response goes something like this: "I can believe you've been a committed Marxist, but I can't believe they'd ever let you out!"
 
As the John Locke Foundation celebrates its 25th anniversary this month, it can look back on a quarter century of change, change in the state and in the organization itself.
As the John Locke Foundation celebrates its 25th anniversary this month, it can look back on a quarter century of change, change in the state and in the organization itself.
 
The writer of Ecclesiastes was correct. For everything there is a season and a time for every purpose under heaven.
The writer of Ecclesiastes was correct. For everything there is a season and a time for every purpose under heaven.
 
Taxes are the primary source of income for the state of North Carolina. While many of us focus on the larger taxes, such as personal income, we must remember there are multiple sources of tax income the state uses to fund its daily functions.
Taxes are the primary source of income for the state of North Carolina. While many of us focus on the larger taxes, such as personal income, we must remember there are multiple sources of tax income the state uses to fund its daily functions.
 
McDowell County Commissioner Michael Lavender is used to running campaigns after 12 years on the board, but his current run for state Senate against incumbent Ralph Hise is a little more complicated.
McDowell County Commissioner Michael Lavender is used to running campaigns after 12 years on the board, but his current run for state Senate against incumbent Ralph Hise is a little more complicated.
 
North Carolina's new tax reforms help set the stage for long-term economic growth in the state.
 
For decades North Carolina's tax system has needed a major overhaul. A model of hodgepodge tax policy, it has featured high rates for most taxpayers and special exemptions for the few. It has penalized economic growth and discouraged job creation.
For decades North Carolina's tax system has needed a major overhaul. A model of hodgepodge tax policy, it has featured high rates for most taxpayers and special exemptions for the few. It has penalized economic growth and discouraged job creation.
 
North Carolina's new tax reforms help set the stage for long-term economic growth in the state. That's the assessment of the John Locke Foundation's top tax expert, who analyzes the reforms and suggests future improvements in a new Spotlight report.
North Carolina's new tax reforms help set the stage for long-term economic growth in the state. That's the assessment of the John Locke Foundation's top tax expert, who analyzes the reforms and suggests future improvements in a new Spotlight report.
 
At both the federal and state levels, debates about tax reform often devolve quickly into wildly conflicting claims about winners and losers.
At both the federal and state levels, debates about tax reform often devolve quickly into wildly conflicting claims about winners and losers.
 
Pundits, partisans and politicos have offered their views on the tax plan passed this week, ranging from praise to please.
Pundits, partisans and politicos have offered their views on the tax plan passed this week, ranging from praise to please.
 
North Carolina's tax reform package, cutting the personal income tax rate, is the most significant plan likely to be approved in 2013, an analyst with...
North Carolina's tax reform package, cutting the personal income tax rate, is the most significant plan likely to be approved in 2013, an analyst with...
 
Governor Pat McCrory, Senate President Pro Tempore Phil Berger (R-Rockingham) and House Speaker Thom Tillis (R-Mecklenburg) announced late this afternoon they have reached a historic agreement on tax reform.
Governor Pat McCrory, Senate President Pro Tempore Phil Berger (R-Rockingham) and House Speaker Thom Tillis (R-Mecklenburg) announced late this afternoon they have reached a historic agreement on tax reform.
 
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
 
Before the January start of this legislative session leaders of both houses proclaimed major overhaul of North Carolina’s tax codes to be among their highest priorities.
Before the January start of this legislative session leaders of both houses proclaimed major overhaul of North Carolina’s tax codes to be among their highest priorities.
 
Sen. Bob Rucho began his presentation of a proposed tax overhaul by asking the lobbyists in attendance at Thursday's Senate Finance Committee meeting to raise their hands.
Sen. Bob Rucho began his presentation of a proposed tax overhaul by asking the lobbyists in attendance at Thursday's Senate Finance Committee meeting to raise their hands.
 
Governor Pat McCrory released the following statement this afternoon concerning the latest tax reform bills discussed in committee.
Governor Pat McCrory released the following statement this afternoon concerning the latest tax reform bills discussed in committee.
 
A resolution is not a bill. A bill introduced is not a bill enacted. And a bill enacted is not necessarily a major policy change that will affect the everyday lives of North Carolinians.
A resolution is not a bill. A bill introduced is not a bill enacted. And a bill enacted is not necessarily a major policy change that will affect the everyday lives of North Carolinians.
 
NC Representative Michael Speciale speaks directly to his 3rd District Constituents here in this April month of the general assembly's long session.
NC Representative Michael Speciale speaks directly to his 3rd District Constituents here in this April month of the general assembly's long session.
 
A pro-growth tax reform including elimination of state personal and corporate income taxes has garnered significant attention in North Carolina over the last several weeks.
A pro-growth tax reform including elimination of state personal and corporate income taxes has garnered significant attention in North Carolina over the last several weeks.
 
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