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Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
Published: Thursday, December 22nd, 2022 @ 3:15 am
By: John Locke Foundation
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Every one of us could find some productive use of an extra $20. Those at the lower end of the income scale are most likely to notice whether that money ends up in their wallet or with the N.C. Department of Revenue.
Published: Wednesday, May 22nd, 2019 @ 4:23 pm
By: Carolina Journal
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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
Published: Thursday, February 1st, 2018 @ 3:07 pm
By: Bill Cook
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Most reports about the recently passed federal tax plan have included a line about the near doubling of the standard personal income tax deduction
Published: Thursday, January 4th, 2018 @ 6:56 pm
By: John Locke Foundation
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