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Hood exposes the ever increasing county government spending
Hood exposes the ever increasing county government spending
 
National groups representing manufacturers, small businesses, and major corporations are urging the U.S. Supreme Court to take up a sales tax dispute from North Carolina.
National groups representing manufacturers, small businesses, and major corporations are urging the U.S. Supreme Court to take up a sales tax dispute from North Carolina.
 
Taxes collected from all the people should be spent only for the benefit of all of the people, not selected groups.
Taxes collected from all the people should be spent only for the benefit of all of the people, not selected groups.
 
How This Harms Taxpayers and What NC is Doing About It
 
The difference between Republican governance and Democrat tax and spend
The difference between Republican governance and Democrat tax and spend
 
In 2013, the new General Assembly held the sales tax at 4.75%, while expanding the base. Consumption-based taxes like the sales tax are more stable and less economically destructive than income taxes which discourage savings and investment.
In 2013, the new General Assembly held the sales tax at 4.75%, while expanding the base. Consumption-based taxes like the sales tax are more stable and less economically destructive than income taxes which discourage savings and investment.
 
A national group of tax lawyers is asking the U.S. Supreme Court to take up a case from North Carolina dealing with sales taxes and out-of-state transactions.
A national group of tax lawyers is asking the U.S. Supreme Court to take up a case from North Carolina dealing with sales taxes and out-of-state transactions.
 
With Tax Day rapidly approaching, Ukrainian President Volodymyr Zelensky issued a helpful reminder to all American taxpayers of the importance of paying their taxes in a timely manner while tearing through the war-torn streets of Kyiv in a brand new Ferrari F430.
With Tax Day rapidly approaching, Ukrainian President Volodymyr Zelensky issued a helpful reminder to all American taxpayers of the importance of paying their taxes in a timely manner while tearing through the war-torn streets of Kyiv in a brand new Ferrari F430.
 
A Wisconsin-based company is urging the U.S. Supreme Court to take up a tax dispute involving the N.C. Department of Revenue.
A Wisconsin-based company is urging the U.S. Supreme Court to take up a tax dispute involving the N.C. Department of Revenue.
 
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.
 
Tax Increases are coming to Washington behind your back.
Tax Increases are coming to Washington behind your back.
 
Following his indictment on Thursday, former President Donald Trump is likely to stand before a familiar face in the trial related to his alleged hush money payments to adult film actress Stormy Daniels.
Following his indictment on Thursday, former President Donald Trump is likely to stand before a familiar face in the trial related to his alleged hush money payments to adult film actress Stormy Daniels.
 
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.
 
Swiss investment bank Credit Suisse has helped American families hide at least $700 million from tax authorities over the past nine years in violation of a plea agreement with regulators, Senate investigators said Wednesday.
Swiss investment bank Credit Suisse has helped American families hide at least $700 million from tax authorities over the past nine years in violation of a plea agreement with regulators, Senate investigators said Wednesday.
 
The Pine Tree State has a poverty rate of about 10.6% but nonetheless, the ol’ moonbats in Maine want to bring in more impoverished people from around the globe by offering taxpayer-funded healthcare to even more illegal aliens over the age of 21.
The Pine Tree State has a poverty rate of about 10.6% but nonetheless, the ol’ moonbats in Maine want to bring in more impoverished people from around the globe by offering taxpayer-funded healthcare to even more illegal aliens over the age of 21.
 
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.
 
Tobacco manufacturer Philip Morris is taking a dispute over $7.2 million in state tax credits to the N.C. Court of Appeals.
Tobacco manufacturer Philip Morris is taking a dispute over $7.2 million in state tax credits to the N.C. Court of Appeals.
 
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.
 
Artificial intelligence software development firm OpenAI released GPT-4, its latest AI language model, with a massive array of new capabilities.
Artificial intelligence software development firm OpenAI released GPT-4, its latest AI language model, with a massive array of new capabilities.
 
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.
 
There are moments in history when our nation's elected leaders have had to truly prove their worth during trying times. Today, just such a moment occurred, when members of Congress somberly paused sending all of our tax dollars to Ukraine so they could send them to Silicon Valley
There are moments in history when our nation's elected leaders have had to truly prove their worth during trying times. Today, just such a moment occurred, when members of Congress somberly paused sending all of our tax dollars to Ukraine so they could send them to Silicon Valley
 
After spending billions to bail out Silicon Valley billionaire tech entrepreneurs, the Biden Administration is vowing to tax all taxpayer money they gave to Silicon Valley.
After spending billions to bail out Silicon Valley billionaire tech entrepreneurs, the Biden Administration is vowing to tax all taxpayer money they gave to Silicon Valley.
 
Gov. Cooper Proposes Historic Investments in Education, Economic Development, and Workforce Without Raising Taxes
Gov. Cooper Proposes Historic Investments in Education, Economic Development, and Workforce Without Raising Taxes
 
Republican lawmakers denounced the fiscal year 2024 budget proposal released by President Joe Biden on Thursday.
Republican lawmakers denounced the fiscal year 2024 budget proposal released by President Joe Biden on Thursday.
 
President Joe Biden unveiled record spending and several new tax increases on Thursday in his budget proposal for fiscal year 2024.
President Joe Biden unveiled record spending and several new tax increases on Thursday in his budget proposal for fiscal year 2024.
 
As North Carolina looks poised to pass Medicaid Expansion, the administration is looking to raise taxes
As North Carolina looks poised to pass Medicaid Expansion, the administration is looking to raise taxes
 
Former U.S. Centers for Disease Control and Prevention director Dr. Robert Redfield said Wednesday that American tax dollars funded gain of function research at the Wuhan Institute of Virology that created COVID.
Former U.S. Centers for Disease Control and Prevention director Dr. Robert Redfield said Wednesday that American tax dollars funded gain of function research at the Wuhan Institute of Virology that created COVID.
 
The tax burden from illegal immigration at the federal, state, and local levels is roughly $150.7 billion per year, according to an analysis published on Wednesday by the Federation for American Immigration Reform (FAIR).
The tax burden from illegal immigration at the federal, state, and local levels is roughly $150.7 billion per year, according to an analysis published on Wednesday by the Federation for American Immigration Reform (FAIR).
 
It’s time to recognize that earning a living in North Carolina is a right, not a privilege. Thankfully, North Carolina senators introduced a bill last week to repeal the redundant and antiquated privilege license tax,
It’s time to recognize that earning a living in North Carolina is a right, not a privilege. Thankfully, North Carolina senators introduced a bill last week to repeal the redundant and antiquated privilege license tax,
 
Some individuals can expect a Medicare tax increase under the new budget proposal scheduled to be unveiled this week by the Biden administration.
Some individuals can expect a Medicare tax increase under the new budget proposal scheduled to be unveiled this week by the Biden administration.
 
North Carolina would face a new limit on state government spending growth under the Taxpayer Protection Act legislation filed Monday in the N.C. House.
North Carolina would face a new limit on state government spending growth under the Taxpayer Protection Act legislation filed Monday in the N.C. House.
 
Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement on Biden’s $6.9 trillion tax-and-spending spree:
Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement on Biden’s $6.9 trillion tax-and-spending spree:
 
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