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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.
 
The Tax Foundation, a Washington D.C. based nonpartisan tax policy research organization, has released its 2024 State Business Tax Climate Index.
The Tax Foundation, a Washington D.C. based nonpartisan tax policy research organization, has released its 2024 State Business Tax Climate Index.
 
This week, absent Governor Cooper's signature, the NC General Assembly's 2023-24/2024-25 biennium budget recommendations became law.
This week, absent Governor Cooper's signature, the NC General Assembly's 2023-24/2024-25 biennium budget recommendations became law.
 
In a Tuesday evening press conference at the N.C. General Assembly, Senate Leader Phil Berger, R-Rockingham, and House Speaker Tim Moore, R-Cleveland, announced an agreement to abandon, for now, efforts to legalize casinos through the state budget.
In a Tuesday evening press conference at the N.C. General Assembly, Senate Leader Phil Berger, R-Rockingham, and House Speaker Tim Moore, R-Cleveland, announced an agreement to abandon, for now, efforts to legalize casinos through the state budget.
 
After a month-long break for some, state lawmakers are getting back to work this week. Here is a preview of a few things North Carolinians might see in Raleigh this week:
After a month-long break for some, state lawmakers are getting back to work this week. Here is a preview of a few things North Carolinians might see in Raleigh this week:
 
State budget negotiations are stalled as House and Senate lawmakers are too far apart to reach a deal. Reportedly, there will not be a budget agreement until likely September, following what had initially been a June 30 deadline.
State budget negotiations are stalled as House and Senate lawmakers are too far apart to reach a deal. Reportedly, there will not be a budget agreement until likely September, following what had initially been a June 30 deadline.
 
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
 
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
 
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 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 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.
 
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
 
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.
 
Hello, I’m your Lt. Governor Mark Robinson and it’s my honor to address you tonight
Hello, I’m your Lt. Governor Mark Robinson and it’s my honor to address you tonight
 
The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days of the budgeting process to inform lawmakers of the state of the economy.
The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days of the budgeting process to inform lawmakers of the state of the economy.
 
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.
 
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.
 
North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
 
North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
 
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.
 
Some argue that minimum wage increases would create more wealth for those with the greatest need in North Carolina
Some argue that minimum wage increases would create more wealth for those with the greatest need in North Carolina
 
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.
 
Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
 
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.
 
British Prime Minister Liz Truss may be ousted six weeks into her tenure after she and fellow ministers caved on most portions of an aggressive economic reform package.
British Prime Minister Liz Truss may be ousted six weeks into her tenure after she and fellow ministers caved on most portions of an aggressive economic reform package.
 
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