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202 Results found for tax foundation

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A new report from the Tax Foundation shows that tariffs have raised retail prices by approximately 4.9 percentage points.
A new report from the Tax Foundation shows that tariffs have raised retail prices by approximately 4.9 percentage points.
 
North Carolina’s Republican legislative leadership never met a tax they didn’t want to cut. Since taking control of state government in 2011, they have cut corporate tax rates from 6.9 percent to the current 2.0 percent.
North Carolina’s Republican legislative leadership never met a tax they didn’t want to cut. Since taking control of state government in 2011, they have cut corporate tax rates from 6.9 percent to the current 2.0 percent.
 
North Carolina has climbed to rank 9th in the nation for its tax climate, according to the latest study conducted by the nonprofit Tax Foundation.
North Carolina has climbed to rank 9th in the nation for its tax climate, according to the latest study conducted by the nonprofit Tax Foundation.
 
The Tax Foundation, a Washington D.C. based nonpartisan tax policy research organization, has released its 2024 State Business Tax Climate Index.
The Tax Foundation, a Washington D.C. based nonpartisan tax policy research organization, has released its 2024 State Business Tax Climate Index.
 
The Internal Revenue Service lost millions of sensitive tax records of individuals and businesses, according to a new watchdog report.
The Internal Revenue Service lost millions of sensitive tax records of individuals and businesses, according to a new watchdog report.
 
Both Locke and the Carolina Journal in the last couple of days have highlighted work by the Tax Foundation highlighting ways North Carolina could continue its pro-growth tax reform.
Both Locke and the Carolina Journal in the last couple of days have highlighted work by the Tax Foundation highlighting ways North Carolina could continue its pro-growth tax reform.
 
Praising North Carolina as “one of the foremost leaders in pro-growth state tax reform and relief over the past decade,” the Tax Foundation last week provided some analysis and guidance for the House and Senate tax change proposals.
Praising North Carolina as “one of the foremost leaders in pro-growth state tax reform and relief over the past decade,” the Tax Foundation last week provided some analysis and guidance for the House and Senate tax change proposals.
 
North Carolina benefitted from the COVID-19 pandemic in terms of small business migration. That’s according to a new Bureau of Labor Statistics report.
North Carolina benefitted from the COVID-19 pandemic in terms of small business migration. That’s according to a new Bureau of Labor Statistics report.
 
Last week, Beer Serves America reported that the beer industry contributes 75,082 jobs and brings in about $1.8 billion in taxes to the state of North Carolina.
Last week, Beer Serves America reported that the beer industry contributes 75,082 jobs and brings in about $1.8 billion in taxes to the state of North Carolina.
 
Residents of several cities in the United States require a salary much higher than $100,000 to feel as if they are earning six figures due to elevated costs of living and aggressive taxes, according to a recent analysis from SmartAsset.
Residents of several cities in the United States require a salary much higher than $100,000 to feel as if they are earning six figures due to elevated costs of living and aggressive taxes, according to a recent analysis from SmartAsset.
 
Three electric utility companies in California proposed a fixed-rate billing plan under which high-income households would pay more than low-income households.
Three electric utility companies in California proposed a fixed-rate billing plan under which high-income households would pay more than low-income households.
 
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.
 
Cook County Commissioner Brandon Johnson was elected on Tuesday as the next mayor of Chicago, defeating moderate rival and former Chicago Public Schools CEO Paul Vallas to succeed the incumbent Lori Lightfoot.
Cook County Commissioner Brandon Johnson was elected on Tuesday as the next mayor of Chicago, defeating moderate rival and former Chicago Public Schools CEO Paul Vallas to succeed the incumbent Lori Lightfoot.
 
The White House intends to cut the federal budget deficit by a total of $3 trillion over the next decade, a reduction that falls short of the $20 trillion in cuts required to balance the budget.
The White House intends to cut the federal budget deficit by a total of $3 trillion over the next decade, a reduction that falls short of the $20 trillion in cuts required to balance the budget.
 
Republican and Democratic officials preparing to negotiate spending reductions have expressed an unmitigated refusal to involve Social Security in the conversation.
Republican and Democratic officials preparing to negotiate spending reductions have expressed an unmitigated refusal to involve Social Security in the conversation.
 
Though the national media often fails to give them attention, state tax reforms are underway across the country.
Though the national media often fails to give them attention, state tax reforms are underway across the country.
 
North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
 
The Tax Foundation releases annual list of best states for businesses in terms of tax benefits
The Tax Foundation releases annual list of best states for businesses in terms of tax benefits
 
The states with the most severe business taxes in the new year are primarily located in the Northeast, while those with environments most welcoming to companies and entrepreneurs are generally in the Great Plains and the South.
The states with the most severe business taxes in the new year are primarily located in the Northeast, while those with environments most welcoming to companies and entrepreneurs are generally in the Great Plains and the South.
 
North Carolinians will have reason to celebrate on January 1, 2023 as they see more money in their paychecks.
North Carolinians will have reason to celebrate on January 1, 2023 as they see more money in their paychecks.
 
North Carolina places 10th in the nation for its tax environment, according to new rankings from the Washington, D.C.-based Tax Foundation.
North Carolina places 10th in the nation for its tax environment, according to new rankings from the Washington, D.C.-based Tax Foundation.
 
Tennessee Republican Governor Bill Lee sat down with Ben Shapiro on this week’s episode of “The Sunday Special” to discuss why American businesses and citizens across the United States have relocated to the southern state.
Tennessee Republican Governor Bill Lee sat down with Ben Shapiro on this week’s episode of “The Sunday Special” to discuss why American businesses and citizens across the United States have relocated to the southern state.
 
The nonprofit Tax Foundation has released its State Business Tax Climate Index each year since 2003, distilling complicated tax environments into a simple and easy-to-understand ranking. The index is focused on how states generate revenue, not how much.
The nonprofit Tax Foundation has released its State Business Tax Climate Index each year since 2003, distilling complicated tax environments into a simple and easy-to-understand ranking. The index is focused on how states generate revenue, not how much.
 
British Prime Minister Liz Truss may be ousted six weeks into her tenure after she and fellow ministers caved on most portions of an aggressive economic reform package.
British Prime Minister Liz Truss may be ousted six weeks into her tenure after she and fellow ministers caved on most portions of an aggressive economic reform package.
 
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that Republicans have an addiction to government spending nearly as severe as their Democratic colleagues.
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that Republicans have an addiction to government spending nearly as severe as their Democratic colleagues.
 
British Prime Minister Liz Truss argued in a Saturday opinion piece for an economic agenda centered upon tax cuts and deregulation.
British Prime Minister Liz Truss argued in a Saturday opinion piece for an economic agenda centered upon tax cuts and deregulation.
 
Tyson Foods announced last week that all employees in the Chicago area would be relocated, rendering the meat and poultry company one of multiple businesses to pull operations from the Windy City in recent months.
Tyson Foods announced last week that all employees in the Chicago area would be relocated, rendering the meat and poultry company one of multiple businesses to pull operations from the Windy City in recent months.
 
California Governor Gavin Newsom called for a special session Friday to impose another tax on oil and gas companies.
California Governor Gavin Newsom called for a special session Friday to impose another tax on oil and gas companies.
 
The United States national debt surpassed $31 trillion for the first time in history, according to data from the Treasury Department released on Monday.
The United States national debt surpassed $31 trillion for the first time in history, according to data from the Treasury Department released on Monday.
 
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
 
Nearly three-quarters of households profess to be taking financially conservative actions as recessionary pressures impact the American economy, according to a recent survey from Bankrate.
Nearly three-quarters of households profess to be taking financially conservative actions as recessionary pressures impact the American economy, according to a recent survey from Bankrate.
 
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