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Results found for "state income taxes"


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.
 
The federal government drastically overestimates income inequality in the United States by failing to account for certain welfare programs and income taxes on the wealthiest earners, according to a study released on Tuesday by the Cato Institute.
Published: Monday, September 26th, 2022 @ 9:45 am By: Daily Wire
The federal government drastically overestimates income inequality in the United States by failing to account for certain welfare programs and income taxes on the wealthiest earners, according to a study released on Tuesday by the Cato Institute.
 
Legislators waived taxes on business loans; working people deserve the same treatment
Legislators waived taxes on business loans; working people deserve the same treatment
 
The N.C. House passed a bill by a vote of 100-5 on Wednesday to exempt military retirement pay from state income taxes.
The N.C. House passed a bill by a vote of 100-5 on Wednesday to exempt military retirement pay from state income taxes.
 
Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of the country on economy, population, and jobs
Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of the country on economy, population, and jobs
 
A last-minute change to Senate Bill 325 - which originally would have lowered state personal and business income taxes - instead became the vehicle to change early voting hours and days
A last-minute change to Senate Bill 325 - which originally would have lowered state personal and business income taxes - instead became the vehicle to change early voting hours and days
 
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
 
While North Carolina legislators and Gov. Roy Cooper haven't yet received the report on state income taxes paid or refunded by the April deadline, they shouldn't count on a positive "April surprise" to make fiscal decisions for them
While North Carolina legislators and Gov. Roy Cooper haven't yet received the report on state income taxes paid or refunded by the April deadline, they shouldn't count on a positive "April surprise" to make fiscal decisions for them
 
Since Governor Pat McCrory entered office in January 2013, North Carolina's economy added 300,000 new jobs, the state experienced one of the largest drops in unemployment in the country, $2.6 billion in debt for federal unemployment insurance was paid off, personal income and business taxes were cut
Since Governor Pat McCrory entered office in January 2013, North Carolina's economy added 300,000 new jobs, the state experienced one of the largest drops in unemployment in the country, $2.6 billion in debt for federal unemployment insurance was paid off, personal income and business taxes were cut
 
Every year the Tax Foundation publishes the State Business Tax Climate Index, which allows taxpayers, businesses, and policy makers an easy comparison of how their states' tax systems relate. This ranking of the states is based on tax policy has been very important in North Carolina over the last...
Every year the Tax Foundation publishes the State Business Tax Climate Index, which allows taxpayers, businesses, and policy makers an easy comparison of how their states' tax systems relate. This ranking of the states is based on tax policy has been very important in North Carolina over the last...
 
Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
 
Senate Republicans are pushing bills to reduce the state corporate income tax rate from 5 percent this year to 3 percent in 2017, and restructure the manner in which corporate taxes are calculated. The intent behind the legislation is to make the state more business-friendly and better able to...
Senate Republicans are pushing bills to reduce the state corporate income tax rate from 5 percent this year to 3 percent in 2017, and restructure the manner in which corporate taxes are calculated. The intent behind the legislation is to make the state more business-friendly and better able to...
 
Four years ago the State Statute required re-evaluation across NC. Our local tax office here in Beaufort County honestly told them the real estate bubble had burst and prices were going down rather than up.
Four years ago the State Statute required re-evaluation across NC. Our local tax office here in Beaufort County honestly told them the real estate bubble had burst and prices were going down rather than up.
 
The state Senate, amid a rift among the chamber's leadership, gave its initial approval Thursday to a tax reform bill that would establish a flat tax, lower personal income taxes, and phase out the corporate income tax.
The state Senate, amid a rift among the chamber's leadership, gave its initial approval Thursday to a tax reform bill that would establish a flat tax, lower personal income taxes, and phase out the corporate income tax.
 
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
 
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.
 
There is one talking point that has become the go-to objection to eliminating North Carolina's state income taxes and replacing the revenue by expanding the sales tax: "This will shift the tax burden from the rich and onto the backs of the poor!"
There is one talking point that has become the go-to objection to eliminating North Carolina's state income taxes and replacing the revenue by expanding the sales tax: "This will shift the tax burden from the rich and onto the backs of the poor!"
 
Now that state legislators have returned to work, one of their most important jobs is to approve a new state budget by July 1.
Now that state legislators have returned to work, one of their most important jobs is to approve a new state budget by July 1.
 
North Carolina's state income tax penalizes people's income-generating activities by reducing the rewards to work, saving, investment, and entrepreneurship.
North Carolina's state income tax penalizes people's income-generating activities by reducing the rewards to work, saving, investment, and entrepreneurship.
 

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