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Results found for "tax cap"


A three-judge panel has upheld North Carolina's 2018 state constitutional amendments mandating voter ID and lowering the state's income tax cap.
A three-judge panel has upheld North Carolina's 2018 state constitutional amendments mandating voter ID and lowering the state's income tax cap.
 
extreme tax increases, and abominable unrealized capital gains tax
Published: Thursday, August 29th, 2024 @ 12:38 pm By: John Steed
extreme tax increases, and abominable unrealized capital gains tax
 
A five-year-old lawsuit challenging North Carolina's voter ID and tax cap state constitutional amendments will head to a three-judge panel.
A five-year-old lawsuit challenging North Carolina's voter ID and tax cap state constitutional amendments will head to a three-judge panel.
 
After years of taxing California citizens to capacity and still not having enough in the state budget, Governor Gavin Newsom has proposed a brand new tax on people who live in Florida.
Published: Monday, January 30th, 2023 @ 9:08 am By: Babylon Bee
After years of taxing California citizens to capacity and still not having enough in the state budget, Governor Gavin Newsom has proposed a brand new tax on people who live in Florida.
 
The N.C. NAACP is seeking a "writ of mandamus" from the N.C. Supreme Court. It would speed up action in a case targeting state constitutional amendments for voter ID and a lower income tax cap.
The N.C. NAACP is seeking a "writ of mandamus" from the N.C. Supreme Court. It would speed up action in a case targeting state constitutional amendments for voter ID and a lower income tax cap.
 
With a 4-3 party-line vote, Democrats on the N.C. Supreme Court agreed that two voter-approved state constitutional amendments could be thrown out. They have sent the case back to a trial judge to make that decision.
With a 4-3 party-line vote, Democrats on the N.C. Supreme Court agreed that two voter-approved state constitutional amendments could be thrown out. They have sent the case back to a trial judge to make that decision.
 
Entrepreneur Elon Musk slammed Democrats in a tweet on Monday over a proposal they are considering that would tax unrealized capital gains.
Published: Sunday, August 21st, 2022 @ 3:08 pm By: Daily Wire
Entrepreneur Elon Musk slammed Democrats in a tweet on Monday over a proposal they are considering that would tax unrealized capital gains.
 
Treasury Secretary Janet Yellen told CNN’s Jake Tapper on Sunday that Senate Democrats are considering a proposal to impose a tax on unrealized capital gains of the wealthiest Americans.
Published: Wednesday, August 10th, 2022 @ 7:01 pm By: Daily Wire
Treasury Secretary Janet Yellen told CNN’s Jake Tapper on Sunday that Senate Democrats are considering a proposal to impose a tax on unrealized capital gains of the wealthiest Americans.
 
Tilman Fertitta, the owner of the Houston Rockets and several other businesses, warned during an interview this week that if Democrats pass a tax on unrealized capital gains that it would destroy capitalism in the United States.
Published: Wednesday, August 10th, 2022 @ 2:22 pm By: Daily Wire
Tilman Fertitta, the owner of the Houston Rockets and several other businesses, warned during an interview this week that if Democrats pass a tax on unrealized capital gains that it would destroy capitalism in the United States.
 
The fate of two approved amendments to North Carolina’s Constitution now sits in the hands of the state Supreme Court. The court spent an hour Monday morning questioning lawyers who argued for and against the amendments.
The fate of two approved amendments to North Carolina’s Constitution now sits in the hands of the state Supreme Court. The court spent an hour Monday morning questioning lawyers who argued for and against the amendments.
 
In a split 2-1 ruling, the N.C. Court of Appeals has reinstated voter-approved state constitutional amendments to require voter ID and to cap the state’s income tax rate.
In a split 2-1 ruling, the N.C. Court of Appeals has reinstated voter-approved state constitutional amendments to require voter ID and to cap the state’s income tax rate.
 
North Carolina needs to reform its approach to taxing capital gains. As I have noted in a previous analysis for the John Locke Foundation, the current system ignores the fundamental nature of capital gains taxes.
North Carolina needs to reform its approach to taxing capital gains. As I have noted in a previous analysis for the John Locke Foundation, the current system ignores the fundamental nature of capital gains taxes.
 
More North Carolina voters support than oppose a constitutional amendment reducing the state’s income tax to a maximum allowable rate of 7 percent, the latest Civitas Institute poll finds
More North Carolina voters support than oppose a constitutional amendment reducing the state’s income tax to a maximum allowable rate of 7 percent, the latest Civitas Institute poll finds
 
Rob Christensen, the venerable political reporter for the News & Observer, offers a future vision of North Carolina as Illinois, with out-of-control spending leading to failing government and bad credit
Rob Christensen, the venerable political reporter for the News & Observer, offers a future vision of North Carolina as Illinois, with out-of-control spending leading to failing government and bad credit
 
Legislators and policy advocates debated Tuesday in Gastonia over a proposed constitutional amendment which would lower the cap on state income tax rates from 10 to 7 percent
Legislators and policy advocates debated Tuesday in Gastonia over a proposed constitutional amendment which would lower the cap on state income tax rates from 10 to 7 percent
 
This November, North Carolina voters will decide on a constitutional amendment to lower the state's income tax cap from 10 percent to 7 percent
This November, North Carolina voters will decide on a constitutional amendment to lower the state's income tax cap from 10 percent to 7 percent
 
It's doubtful that many of you readers would recommend raising income tax rates by 90 percent to help communities coping with the impact of Hurricane Florence
It's doubtful that many of you readers would recommend raising income tax rates by 90 percent to help communities coping with the impact of Hurricane Florence
 
State legislators are returning today to Raleigh to write short descriptors for the six constitutional amendments slated to be on the ballot this fall
State legislators are returning today to Raleigh to write short descriptors for the six constitutional amendments slated to be on the ballot this fall
 
State Treasurer Dale Folwell announced today that North Carolina received AAA bond ratings from all three major bond rating agencies. North Carolina is one of only 13 states with that distinction
State Treasurer Dale Folwell announced today that North Carolina received AAA bond ratings from all three major bond rating agencies. North Carolina is one of only 13 states with that distinction
 
It's common for the N.C. General Assembly to end legislative sessions amid a flurry of last-minute filings and maneuvering
It's common for the N.C. General Assembly to end legislative sessions amid a flurry of last-minute filings and maneuvering
 
The Republican-led General Assembly seemed poised to cut the top income-tax rate the state can charge, but the House and Senate can't agree on what that rate should be
The Republican-led General Assembly seemed poised to cut the top income-tax rate the state can charge, but the House and Senate can't agree on what that rate should be
 
Voters will decide this fall whether North Carolina taxpayers should receive protection in the state constitution against the state taxing more than 7 percent of their personal income
Voters will decide this fall whether North Carolina taxpayers should receive protection in the state constitution against the state taxing more than 7 percent of their personal income
 
If you're having trouble keeping up with the number of constitutional amendments North Carolinians may be asked to vote on this November, you're not alone
Published: Monday, July 9th, 2018 @ 3:57 pm By: Civitas Insitute
If you're having trouble keeping up with the number of constitutional amendments North Carolinians may be asked to vote on this November, you're not alone
 
A bill that would change the state constitution to lower the cap on the income tax rate is scheduled for consideration by the House Rules committee today
A bill that would change the state constitution to lower the cap on the income tax rate is scheduled for consideration by the House Rules committee today
 
SurveyUSA, along with the Civitas Institute, a nonprofit conservative public policy organization, released findings from a flash poll showing a majority of voters support several constitutional amendments proposed this year
SurveyUSA, along with the Civitas Institute, a nonprofit conservative public policy organization, released findings from a flash poll showing a majority of voters support several constitutional amendments proposed this year
 
On many different occasions, I have argued that, from an economics perspective, North Carolina should abolish its tax on capital gains
On many different occasions, I have argued that, from an economics perspective, North Carolina should abolish its tax on capital gains
 
any discussion of public policy, I think it is impossible to talk intelligently about questions like "good enough" or "fair enough" without asking first "by what standard?"
any discussion of public policy, I think it is impossible to talk intelligently about questions like "good enough" or "fair enough" without asking first "by what standard?"
 
A couple of weeks ago, I argued that North Carolina’s legislature should “one-up” Congress and the Trump administration when it comes to tax reform by abolishing the state’s capital gains tax.
A couple of weeks ago, I argued that North Carolina’s legislature should “one-up” Congress and the Trump administration when it comes to tax reform by abolishing the state’s capital gains tax.
 
The ink is dry, but the howling from the Left continues. The 2017 tax reform law is in place and working as advertised - lower personal and corporate taxes, more money in the pockets of Americans, repatriation of billions of dollars of corporate profit, and an economy that will be robust
The ink is dry, but the howling from the Left continues. The 2017 tax reform law is in place and working as advertised - lower personal and corporate taxes, more money in the pockets of Americans, repatriation of billions of dollars of corporate profit, and an economy that will be robust
 
Recent tax reform passed by Republicans in Congress and enthusiastically signed by President Trump, went a long way toward fixing what had become a federal tax system that was discouraging work effort, investment, and entrepreneurship
Recent tax reform passed by Republicans in Congress and enthusiastically signed by President Trump, went a long way toward fixing what had become a federal tax system that was discouraging work effort, investment, and entrepreneurship
 
The tax reform legislation approved by Congress and signed by President Trump Wednesday makes sweeping reforms to the national tax landscape, but an influential Washington-based think tank says the new law should have minimal impact on North Carolina's tax structure
The tax reform legislation approved by Congress and signed by President Trump Wednesday makes sweeping reforms to the national tax landscape, but an influential Washington-based think tank says the new law should have minimal impact on North Carolina's tax structure
 
North Carolina has already accomplished what Republicans in Washington want to pass - historic tax reform that caps or eliminates special-interest deductions, cuts tax rates, and encourages investment, business formation, and job creation
North Carolina has already accomplished what Republicans in Washington want to pass - historic tax reform that caps or eliminates special-interest deductions, cuts tax rates, and encourages investment, business formation, and job creation
 
The state Senate has given its approval to a proposed constitutional amendment capping the income tax rate at 5.5 percent, but one lawmaker has a better idea
The state Senate has given its approval to a proposed constitutional amendment capping the income tax rate at 5.5 percent, but one lawmaker has a better idea
 
Grover Norquist is using his considerable influence to push North Carolina lawmakers toward reforming restrictive laws governing craft beer
Grover Norquist is using his considerable influence to push North Carolina lawmakers toward reforming restrictive laws governing craft beer
 
Even if you've never had any interest in doing it yourself, you should want North Carolina to be a great place to start a new business.
Even if you've never had any interest in doing it yourself, you should want North Carolina to be a great place to start a new business.
 
State Sen. Jerry Tillman, R-Randolph, said the Senate will push again in the next legislative session to pass a constitutional amendment lowering the cap on the personal income tax rate from 10 percent to 5.5 percent.
State Sen. Jerry Tillman, R-Randolph, said the Senate will push again in the next legislative session to pass a constitutional amendment lowering the cap on the personal income tax rate from 10 percent to 5.5 percent.
 
North Carolina policymakers should boost entrepreneurship and economic growth by focusing their next round of tax reform on capital gains
North Carolina policymakers should boost entrepreneurship and economic growth by focusing their next round of tax reform on capital gains
 
Like a recovering addict on the verge of a major binge, some North Carolina lawmakers are on the brink of falling back into the black hole of tax credits
Like a recovering addict on the verge of a major binge, some North Carolina lawmakers are on the brink of falling back into the black hole of tax credits
 
Arguably, the Clintons are the most Capitalistic couple who have ever been in the White House, tax free foundations
Arguably, the Clintons are the most Capitalistic couple who have ever been in the White House, tax free foundations
 
North Carolina's tax code penalizes savings and investment by double taxing their returns - specifically interest, dividends, and capital gains. These biases can only be eliminated by removing savings and investment from the tax base, or by eliminating the returns to saving; for example...
North Carolina's tax code penalizes savings and investment by double taxing their returns - specifically interest, dividends, and capital gains. These biases can only be eliminated by removing savings and investment from the tax base, or by eliminating the returns to saving; for example...
 

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