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Results found for "tax burden"


The Democrat nominee pledged to "shift the tax burden" to "more expensive homes in richer and whiter neighborhoods."
Published: Saturday, July 5th, 2025 @ 4:52 am By: Daily Wire
The Democrat nominee pledged to "shift the tax burden" to "more expensive homes in richer and whiter neighborhoods."
 
In 2013, the new Republican-led General Assembly took steps to foster economic growth by lowering the state’s corporate income tax rate. The corporate income tax is a burden that ultimately falls on workers.
In 2013, the new Republican-led General Assembly took steps to foster economic growth by lowering the state’s corporate income tax rate. The corporate income tax is a burden that ultimately falls on workers.
 
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).
Published: Thursday, March 16th, 2023 @ 9:15 am By: Daily Wire
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).
 
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.
 
In addition to the inflation tax, the tax burden would also hit poor the hardest
In addition to the inflation tax, the tax burden would also hit poor the hardest
 
Lower access to health care, higher tax burdens add up to ‘bad medicine’ for N.C.
Lower access to health care, higher tax burdens add up to ‘bad medicine’ for N.C.
 
The rap star known as "50 Cent" has sent out a tweet endorsing President Trump due to the heavy tax burden he would have to pay under the Biden tax plan.
The rap star known as "50 Cent" has sent out a tweet endorsing President Trump due to the heavy tax burden he would have to pay under the Biden tax plan.
 
North Carolina’s economy has been devastated by the decisions of Gov. Roy Cooper and state and local officials in their attempt to ameliorate the effects of COVID-19.
North Carolina’s economy has been devastated by the decisions of Gov. Roy Cooper and state and local officials in their attempt to ameliorate the effects of COVID-19.
 
Although it may not appear so, the leaders of both major political parties in North Carolina favor lowering the tax burden of large businesses.
Although it may not appear so, the leaders of both major political parties in North Carolina favor lowering the tax burden of large businesses.
 
In North Carolina and across the country, rank-and-file Democrats are counting on a big blue wave to wash over congressional, legislative, and local elections this year, as well as over gubernatorial contests in the majority of states that, unlike ours, elect their governors in non-presidential year
In North Carolina and across the country, rank-and-file Democrats are counting on a big blue wave to wash over congressional, legislative, and local elections this year, as well as over gubernatorial contests in the majority of states that, unlike ours, elect their governors in non-presidential year
 
Does Gov. Roy Cooper believe that North Carolina's tax burden should be $3 billion higher?
Does Gov. Roy Cooper believe that North Carolina's tax burden should be $3 billion higher?
 
When it comes to regulations, it’s an invisible tax. Such taxes are especially onerous when unnecessary and over-burdensome
Published: Wednesday, April 26th, 2017 @ 9:17 pm By: Bill Cook
When it comes to regulations, it’s an invisible tax. Such taxes are especially onerous when unnecessary and over-burdensome
 
As a result of historic tax reform signed into law by Governor Pat McCrory, North Carolina's tax climate has improved to 11th, up from 44th in 2013, according to this year's State Business Tax Climate Index by the Tax Foundation.
As a result of historic tax reform signed into law by Governor Pat McCrory, North Carolina's tax climate has improved to 11th, up from 44th in 2013, according to this year's State Business Tax Climate Index by the Tax Foundation.
 
In 2013 the state of North Carolina passed and began implementing a program of sweeping tax reform meant to remove barriers to economic growth that were embedded in the state's burdensome tax code
In 2013 the state of North Carolina passed and began implementing a program of sweeping tax reform meant to remove barriers to economic growth that were embedded in the state's burdensome tax code
 
So far this year, we've had three state budget plans submitted by the three main actors in the drama: Gov. Pat McCrory, the North Carolina House, and the North Carolina Senate
So far this year, we've had three state budget plans submitted by the three main actors in the drama: Gov. Pat McCrory, the North Carolina House, and the North Carolina Senate
 
For decades, energy costs have been manipulated by state government subsidies. Just like other subsidies, whether for the film industry, automobile manufacturers, or even specific companies, special treatments transfer the tax burden from the recipients of the subsidies to others, creating unfair...
For decades, energy costs have been manipulated by state government subsidies. Just like other subsidies, whether for the film industry, automobile manufacturers, or even specific companies, special treatments transfer the tax burden from the recipients of the subsidies to others, creating unfair...
 
Over the past five years, North Carolina has become a more attractive place to work, live, invest, and do business.
Over the past five years, North Carolina has become a more attractive place to work, live, invest, and do business.
 
Late last week, the Tax Foundation - the nation's leading independent tax policy research organization since 1937 - released its book "North Carolina Illustrated: A Visual Guide to Tax Reform."
Late last week, the Tax Foundation - the nation's leading independent tax policy research organization since 1937 - released its book "North Carolina Illustrated: A Visual Guide to Tax Reform."
 
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.
 
Because of tax reform, less burdensome regulations, and a general spirit of optimism, you have confidence that North Carolina is on the right track and this is the place to invest and start a business. You leap into the world of entrepreneurship. But you fail to file a required form on time and...
Because of tax reform, less burdensome regulations, and a general spirit of optimism, you have confidence that North Carolina is on the right track and this is the place to invest and start a business. You leap into the world of entrepreneurship. But you fail to file a required form on time and...
 
This week brought every American's favorite day: April 15. Most of us knew that we were required to file and pay taxes by the Wednesday deadline. But do you know exactly how long it took you to complete enough work to pay for those taxes? If we add up every tax you have to pay...
This week brought every American's favorite day: April 15. Most of us knew that we were required to file and pay taxes by the Wednesday deadline. But do you know exactly how long it took you to complete enough work to pay for those taxes? If we add up every tax you have to pay...
 
While last-minute filers across the country rush to a post office or computer terminal to file their 2014 income tax returns, North Carolinians are within 24 hours of reaching an important date for this year - Tax Freedom Day.
While last-minute filers across the country rush to a post office or computer terminal to file their 2014 income tax returns, North Carolinians are within 24 hours of reaching an important date for this year - Tax Freedom Day.
 
If North Carolina's tax burden has no effect on business decisions and the performance of the economy, as left-of-center politicians and editorialists have repeatedly insisted, then why are they so enamored with targeted tax breaks?
If North Carolina's tax burden has no effect on business decisions and the performance of the economy, as left-of-center politicians and editorialists have repeatedly insisted, then why are they so enamored with targeted tax breaks?
 
According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
 
During the Great Recession and its aftermath, few issues in North Carolina politics have been as contentious as fiscal policy. According to a literature survey of recent studies examining the relationship between public policy and economic performance at the state and local level, it is clear...
During the Great Recession and its aftermath, few issues in North Carolina politics have been as contentious as fiscal policy. According to a literature survey of recent studies examining the relationship between public policy and economic performance at the state and local level, it is clear...
 
The past quarter-century of academic scholarship suggests state and local officials can promote economic growth by keeping overall tax and regulatory burdens as low as possible, investing effectively in public safety and the courts, and increasing productivity of spending on infrastructure and educa
The past quarter-century of academic scholarship suggests state and local officials can promote economic growth by keeping overall tax and regulatory burdens as low as possible, investing effectively in public safety and the courts, and increasing productivity of spending on infrastructure and educa
 
When politicians admit they don't know something, that makes me respect them more. Admitted ignorance is a sign of maturity, of a willingness to learn. It can be remedied with facts. What really does grave damage is when politicians think they know something and act on it - even when...
When politicians admit they don't know something, that makes me respect them more. Admitted ignorance is a sign of maturity, of a willingness to learn. It can be remedied with facts. What really does grave damage is when politicians think they know something and act on it - even when...
 
Tax reform goes into effect in 2014, lowering tax rates for every individual and corporation in the state. Regular review and routine repeal of burdensome regulations will begin to loosen government's grip on businesses, signaling that North Carolina is again open for business and welcomes entrepren
Tax reform goes into effect in 2014, lowering tax rates for every individual and corporation in the state. Regular review and routine repeal of burdensome regulations will begin to loosen government's grip on businesses, signaling that North Carolina is again open for business and welcomes entrepren
 
We should be dedicating ourselves to recapturing the state and federal tax dollars that are taken away Beaufort County residents by sourcing grants from outside our community to help fund local needs and by cutting the regulatory burdens placed on local businesses.
Published: Wednesday, July 10th, 2013 @ 5:12 am By: Warren Smith
We should be dedicating ourselves to recapturing the state and federal tax dollars that are taken away Beaufort County residents by sourcing grants from outside our community to help fund local needs and by cutting the regulatory burdens placed on local businesses.
 
Although I do not see any way to escape using state and federal grants as the most direct means of recapturing local taxes unfortunately sent to Raleigh and Washington, DC, I have strongly argued against matching grants to local businesses which are funded by additional burdens on local taxpayers.
Published: Sunday, May 19th, 2013 @ 6:05 pm By: Warren Smith
Although I do not see any way to escape using state and federal grants as the most direct means of recapturing local taxes unfortunately sent to Raleigh and Washington, DC, I have strongly argued against matching grants to local businesses which are funded by additional burdens on local taxpayers.
 
The local annual tax and fee burden now tops more than $2,000 per person in seven of North Carolina's largest cities. Mooresville ended Charlotte's 11-year run as the...
The local annual tax and fee burden now tops more than $2,000 per person in seven of North Carolina's largest cities. Mooresville ended Charlotte's 11-year run as the...
 
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!"
 
In response to four years of massive federal deficits, tax cuts scheduled to expire this month, and lackluster economic growth.
In response to four years of massive federal deficits, tax cuts scheduled to expire this month, and lackluster economic growth.
 
Let's recap. We have record unemployment, and one of the highest gas tax burdens in America.
Let's recap. We have record unemployment, and one of the highest gas tax burdens in America.
 
North Carolina residents pay nearly 10 percent of their income in taxes, placing the state squarely among the 20th-most taxed in the nation, said the nonprofit Tax Foundation in its most recent Annual State-Local Tax Burden Ranking (PDF download here).
North Carolina residents pay nearly 10 percent of their income in taxes, placing the state squarely among the 20th-most taxed in the nation, said the nonprofit Tax Foundation in its most recent Annual State-Local Tax Burden Ranking (PDF download here).
 
As Democrats and Republicans in this election year continue to debate the optimal level, type, and distribution of the tax burden, they are paying insufficient attention to what I believe is a greater impediment to economic growth: the rising burden of regulations.
As Democrats and Republicans in this election year continue to debate the optimal level, type, and distribution of the tax burden, they are paying insufficient attention to what I believe is a greater impediment to economic growth: the rising burden of regulations.
 
Taxation is the taking of property and earnings in exchange for governmentally provided goods and services or for redistribution. Legislators may also structure taxes as a policy tool to manipulate constituent actions for or against particular goods or services.
Taxation is the taking of property and earnings in exchange for governmentally provided goods and services or for redistribution. Legislators may also structure taxes as a policy tool to manipulate constituent actions for or against particular goods or services.
 
Did you venture out to purchase school supplies for your aspiring young scholar during our state's tax-free weekend? Or, perhaps your child's school days have long passed and you simply wanted to acquire a new computer without incurring a sales tax.
Did you venture out to purchase school supplies for your aspiring young scholar during our state's tax-free weekend? Or, perhaps your child's school days have long passed and you simply wanted to acquire a new computer without incurring a sales tax.
 
I see that some politicians and government officials are continuing to cite magazine rankings that paint North Carolina's business climate in a favorable light. [Sigh]
I see that some politicians and government officials are continuing to cite magazine rankings that paint North Carolina's business climate in a favorable light. [Sigh]
 
North Carolina's next set of elected leaders can boost taxpayers' job prospects, help educate their children better, and protect them from overly high taxes and burdensome regulations.
North Carolina's next set of elected leaders can boost taxpayers' job prospects, help educate their children better, and protect them from overly high taxes and burdensome regulations.
 
Consider these two facts. First, most net job creation in any modern economy comes from new companies, typically small firms that grow quickly.
Consider these two facts. First, most net job creation in any modern economy comes from new companies, typically small firms that grow quickly.
 

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