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Greed and personal desires take precedent over fiscal responsibility.
Published: Monday, February 17th, 2025 @ 10:00 am
By: Dave Hudson
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The state Revenue Department has filed a brief with North Carolina's highest court defending its decision to block a tax exemption related to equipment purchased to make asphalt.
Published: Saturday, December 9th, 2023 @ 8:07 am
By: Carolina Journal
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State Still Collected $3 Billion in Surplus Revenue
Published: Thursday, October 19th, 2023 @ 10:10 am
By: John Locke Foundation
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Members Give the Go-Ahead to a Host of Projects Around the State
Published: Thursday, September 14th, 2023 @ 5:10 pm
By: Eastern NC NOW Staff
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Pay no attention to the tax rate. The issue is how much more are they going to spend.
Published: Sunday, May 21st, 2023 @ 5:52 pm
By: Beaufort Observer Editorial Team
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North Carolina General Assembly lawmakers from the House and Senate met Tuesday to dig into why the state has $3.25 billion in excess revenue for the 2022-23 biennium. The revenue forecast was released last week by the Fiscal Research Division and the Office of State Budget and Management (O.S.B.M.)
Published: Saturday, March 11th, 2023 @ 11:00 am
By: Carolina Journal
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North Carolina revenue forecasts have surpassed $33 billion annually, and the state will have roughly $3.25 billion in excess for Fiscal Year 2022-23, or 10.7% more than had been previously budgeted.
Published: Saturday, March 4th, 2023 @ 10:44 pm
By: Carolina Journal
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The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days of the budgeting process to inform lawmakers of the state of the economy.
Published: Wednesday, March 1st, 2023 @ 11:29 am
By: John Locke Foundation
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Updated Forecast Reflects Historic Opportunity to Continue Making Progress for all North Carolinians
Published: Saturday, February 18th, 2023 @ 8:45 am
By: Governor's Office
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Republican lawmakers proposed a bill to replace the income, payroll, and estate taxes with a national sales tax while abolishing the IRS.
Published: Tuesday, January 31st, 2023 @ 4:12 am
By: Daily Wire
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The General Assembly continued taking up significant, and at times controversial, policy items this week.
Published: Thursday, June 9th, 2022 @ 8:55 pm
By: Stan Deatherage
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NCACC Weekly Update — May 27, 2022
Published: Monday, May 30th, 2022 @ 10:45 pm
By: Stan Deatherage
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State revenue forecasts jump from $28.4 billion to $32.6 billion in fiscal year 2021-2022.
Published: Sunday, May 15th, 2022 @ 3:41 pm
By: Carolina Journal
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My latest column for the American Institute for Economic Research, “Freedom and Whisky Go Together Like Tyranny and Oppression,” opens at a Burns Night supper in Raleigh not too long ago.
Published: Sunday, February 6th, 2022 @ 12:40 pm
By: John Locke Foundation
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A pay-as-you-go approach to capital projects sets the Senate apart from Democratic Gov. Roy Cooper, whose budget plan called for a $4.7 billion statewide bond package.
Published: Friday, June 25th, 2021 @ 6:55 am
By: Carolina Journal
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Record prize money and contestants for the world-famous fishing tournament emblematic of larger reopening economic trends across the state.
Published: Thursday, June 24th, 2021 @ 9:04 am
By: Carolina Journal
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Updated forecast confirms historic opportunity to meet the needs of North Carolina communities and ensure a shared recovery from the pandemic
Published: Wednesday, June 23rd, 2021 @ 1:25 pm
By: Governor's Office
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North Carolina has over-collected more than $6 billion in state taxes when compared to May of 2020 economic forecasts.
Published: Monday, June 21st, 2021 @ 6:58 pm
By: Carolina Journal
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A proposed tax cut from Senate Republicans would move North Carolina to fifth in the state business tax climate rankings, the Tax Foundation says.
Published: Tuesday, June 8th, 2021 @ 7:52 am
By: Carolina Journal
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When it comes to our business climate and economic prospects, North Carolinians are used to receiving accolades.
Published: Wednesday, May 26th, 2021 @ 6:00 pm
By: Carolina Journal
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NCACC Weekly Update — February 19
Published: Monday, February 22nd, 2021 @ 12:08 pm
By: Stan Deatherage
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Consensus revenue forecast shows revenues will exceed May 2020 projections by $4.1 billion
Published: Saturday, February 13th, 2021 @ 5:59 pm
By: Governor's Office
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The state budget may be spared economists’ worst fears from the COVID pandemic, according to a new tax revenue forecast.
Published: Saturday, February 13th, 2021 @ 10:13 am
By: Carolina Journal
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Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
Published: Tuesday, January 26th, 2021 @ 7:53 am
By: Carolina Journal
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North Carolina’s tax and fee collections continued to improve from a year ago, according to the latest General Fund Monthly Report from the Office of the State Controller.
Published: Sunday, December 13th, 2020 @ 8:20 pm
By: John Locke Foundation
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As Tears for Fears sang in the 1980s, everybody wants their taxes lower.
Published: Thursday, November 5th, 2020 @ 11:44 pm
By: Carolina Journal
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Tax collections for the six months from April through September continue to track closely with the same period a year ago
Published: Monday, October 19th, 2020 @ 10:21 am
By: John Locke Foundation
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