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Results found for "tax proposal"


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.
 
President Joe Biden unveiled record spending and several new tax increases on Thursday in his budget proposal for fiscal year 2024.
Published: Sunday, March 19th, 2023 @ 5:03 am By: Daily Wire
President Joe Biden unveiled record spending and several new tax increases on Thursday in his budget proposal for fiscal year 2024.
 
Some individuals can expect a Medicare tax increase under the new budget proposal scheduled to be unveiled this week by the Biden administration.
Published: Tuesday, March 14th, 2023 @ 7:13 pm By: Daily Wire
Some individuals can expect a Medicare tax increase under the new budget proposal scheduled to be unveiled this week by the Biden administration.
 
But All Five Local Sales Tax Proposals Were Defeated
But All Five Local Sales Tax Proposals Were Defeated
 
Small businesses across the country are in danger due to Democrats’ Net Investment Income Tax (NIIT) proposal. With this legislation, 66 percent of small businesses in North Carolina are in at risk of taking the blow from Joe Biden’s tax hike – that’s over 2.2 million jobs on the line.
Small businesses across the country are in danger due to Democrats’ Net Investment Income Tax (NIIT) proposal. With this legislation, 66 percent of small businesses in North Carolina are in at risk of taking the blow from Joe Biden’s tax hike – that’s over 2.2 million jobs on the line.
 
The Carolina Journal makes a wide sweeping evaluation of the news that most effects us most here in North Carolina, and is distilled for your clear understanding by the electronic means of video.
The Carolina Journal makes a wide sweeping evaluation of the news that most effects us most here in North Carolina, and is distilled for your clear understanding by the electronic means of video.
 
Personal income tax rates would be slashed and the corporate tax rate entirely eliminated by 2028 under a proposal rolled out on Tuesday, May 25, by N.C. Senate Republicans.
Personal income tax rates would be slashed and the corporate tax rate entirely eliminated by 2028 under a proposal rolled out on Tuesday, May 25, by N.C. Senate Republicans.
 
A bill sponsored by Sen. Wiley Nickel (D-Wake) would levy a tax on “any carbon-based fuel product sold, used, or entered into the State.” Fortunately, the bill isn’t expected to go anywhere this session.
A bill sponsored by Sen. Wiley Nickel (D-Wake) would levy a tax on “any carbon-based fuel product sold, used, or entered into the State.” Fortunately, the bill isn’t expected to go anywhere this session.
 
Every North Carolinian who pays personal income tax would see a lower rate, under a proposal from legislative Republicans.
Every North Carolinian who pays personal income tax would see a lower rate, under a proposal from legislative Republicans.
 
State legislators have sent a tax on vaping to the House.
State legislators have sent a tax on vaping to the House.
 
In his proposed budget released on Wednesday, Gov. Roy Cooper has provided the tax and spending details for his vision of a North Carolina determined to spend a lot more on state government
In his proposed budget released on Wednesday, Gov. Roy Cooper has provided the tax and spending details for his vision of a North Carolina determined to spend a lot more on state government
 
And in the North Carolina General Assembly, lawmakers start the legislative session by introducing new tax and spending proposals.
And in the North Carolina General Assembly, lawmakers start the legislative session by introducing new tax and spending proposals.
 
Legislative leaders will boost tax-paid subsidies available in the $23.9 billion 2018-19 budget proposal to induce multibillion-dollar corporations to locate in the state
Legislative leaders will boost tax-paid subsidies available in the $23.9 billion 2018-19 budget proposal to induce multibillion-dollar corporations to locate in the state
 
On November 2, House Republican leaders unveiled their tax reform plan. A number of its provisions affect higher education. While this is only a proposal, it’s worth looking into those provisions
On November 2, House Republican leaders unveiled their tax reform plan. A number of its provisions affect higher education. While this is only a proposal, it’s worth looking into those provisions
 
Today, Senator Thom Tillis (R-NC) issued the following statement after the Senate passed its tax reform proposal, the Tax Cuts and Jobs Act
Published: Tuesday, December 5th, 2017 @ 1:51 pm By: Thom Tillis
Today, Senator Thom Tillis (R-NC) issued the following statement after the Senate passed its tax reform proposal, the Tax Cuts and Jobs Act
 
Today, Senator Thom Tillis (R-NC) issued the following statement after the Senate Finance Committee released its tax reform proposal, the Tax Cuts and Jobs Act
Today, Senator Thom Tillis (R-NC) issued the following statement after the Senate Finance Committee released its tax reform proposal, the Tax Cuts and Jobs Act
 
Today, Senator Thom Tillis (R-NC) issued the following statement after the House released its tax reform proposal, the Tax Cuts and Jobs Act
Published: Friday, November 3rd, 2017 @ 1:54 pm By: Thom Tillis
Today, Senator Thom Tillis (R-NC) issued the following statement after the House released its tax reform proposal, the Tax Cuts and Jobs Act
 
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
 
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
 
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
 
Tax reform advocates have found much to like in some key provisions to a broad tax package proposed by three state Senate leaders in March.
Tax reform advocates have found much to like in some key provisions to a broad tax package proposed by three state Senate leaders in March.
 
Seven counties are seeking quarter-cent increases to their sales tax rates on the November ballot. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposals.
Seven counties are seeking quarter-cent increases to their sales tax rates on the November ballot. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposals.
 
There are six counties with quarter-cent increases to their sales taxes on the ballot in November. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposal. For others, this will be the first time on the ballot.
There are six counties with quarter-cent increases to their sales taxes on the ballot in November. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposal. For others, this will be the first time on the ballot.
 
Tax reform moved a step closer to the finish line Tuesday as the Republican-led state Senate gave its tentative approval to its modified plan by a 32-15 margin. While it's not clear whether Republican Gov. Pat McCrory backs the proposal, the GOP leader in the House says his...
Tax reform moved a step closer to the finish line Tuesday as the Republican-led state Senate gave its tentative approval to its modified plan by a 32-15 margin. While it's not clear whether Republican Gov. Pat McCrory backs the proposal, the GOP leader in the House says his...
 
Although news accounts and political chatter continue to emphasize the differences between the North Carolina House and Senate on tax reform, the latest Senate proposal took major strides toward the House position on a number of points. In reality, the two chambers are now fairly close to an agreeme
Although news accounts and political chatter continue to emphasize the differences between the North Carolina House and Senate on tax reform, the latest Senate proposal took major strides toward the House position on a number of points. In reality, the two chambers are now fairly close to an agreeme
 
Senate tax writers stepped closer Monday to reform proposals adopted by their House counterparts. The Senate Finance Committee's actions lifted hopes that a compromise could be pieced together before the General Assembly adjourns this summer.
Senate tax writers stepped closer Monday to reform proposals adopted by their House counterparts. The Senate Finance Committee's actions lifted hopes that a compromise could be pieced together before the General Assembly adjourns this summer.
 
Senate Republicans pushed ahead Wednesday with their version of tax reform as the chamber's Finance Committee gave the bill a thumbs up. The measure...
Senate Republicans pushed ahead Wednesday with their version of tax reform as the chamber's Finance Committee gave the bill a thumbs up. The measure...
 
Senate leader Phil Berger unveiled the latest tax reform plan Tuesday. It's a plan that would reduce the personal income tax, eventually eliminate...
Senate leader Phil Berger unveiled the latest tax reform plan Tuesday. It's a plan that would reduce the personal income tax, eventually eliminate...
 
Governor Pat McCrory released the following statement this afternoon concerning the latest tax reform bills discussed in committee.
Published: Friday, May 31st, 2013 @ 6:21 am By: Stan Deatherage
Governor Pat McCrory released the following statement this afternoon concerning the latest tax reform bills discussed in committee.
 
For months, North Carolina's political establishment has been lying in wait for the state's new Republican leaders to act on their long-promised initiative...
For months, North Carolina's political establishment has been lying in wait for the state's new Republican leaders to act on their long-promised initiative...
 
Senate leaders used a Tuesday press conference to announce their long-awaited tax proposal, a proposal that would lower personal and corporate income tax...
Senate leaders used a Tuesday press conference to announce their long-awaited tax proposal, a proposal that would lower personal and corporate income tax...
 
Gov. Pat McCrory recommends no tax increase in his first budget plan, a stark contrast to the most recent proposals from predecessor Beverly Perdue.
Gov. Pat McCrory recommends no tax increase in his first budget plan, a stark contrast to the most recent proposals from predecessor Beverly Perdue.
 
Reporters, legislators, analysts and the public should all be advised to be leery of the statistics in a new report criticizing tax modernization proposals.
Reporters, legislators, analysts and the public should all be advised to be leery of the statistics in a new report criticizing tax modernization proposals.
 
Replacing North Carolina's existing income, corporate, sales, and estate taxes with a new consumed-income tax dubbed the USA Tax could generate 80,500 new jobs in the first year, while boosting the state's economy by $11.76 billion.
Replacing North Carolina's existing income, corporate, sales, and estate taxes with a new consumed-income tax dubbed the USA Tax could generate 80,500 new jobs in the first year, while boosting the state's economy by $11.76 billion.
 
Laid-off workers would see their benefits decreased and about 30 percent of the state's businesses would see their unemployment insurance taxes increased under a proposal presented Wednesday to a legislative study panel.
Laid-off workers would see their benefits decreased and about 30 percent of the state's businesses would see their unemployment insurance taxes increased under a proposal presented Wednesday to a legislative study panel.
 
The three-quarter-cent sales tax centerpiece of Gov. Bev Perdue's $20.9 billion budget proposal would be used to hire more teachers and launch jobs programs, but is a "non-starter" for Republican leaders.
The three-quarter-cent sales tax centerpiece of Gov. Bev Perdue's $20.9 billion budget proposal would be used to hire more teachers and launch jobs programs, but is a "non-starter" for Republican leaders.
 
I agree with Gov. Perdue's assessment that education is key to our future. However, I cannot agree with her proposal to raise taxes. The proposal is based on a number of myths. Let's look at five of the worst.
I agree with Gov. Perdue's assessment that education is key to our future. However, I cannot agree with her proposal to raise taxes. The proposal is based on a number of myths. Let's look at five of the worst.
 

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