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Results found for "tax rates"


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.
Published: Sunday, October 26th, 2025 @ 6:07 pm By: Tom Campbell
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.
 
Tax Increases are coming to Washington behind your back.
Published: Thursday, April 27th, 2023 @ 2:26 pm By: Gary Ceres
Tax Increases are coming to Washington behind your back.
 
My latest piece at the American Institute for Economic Research discusses the particularly harmful impact progressive income taxes have on productivity and the poor.
My latest piece at the American Institute for Economic Research discusses the particularly harmful impact progressive income taxes have on productivity and the poor.
 
New York City has imploded, with crime soaring and homeless people everywhere. Every day brings a new tale of an attack against an innocent person on the city’s street or subway.
New York City has imploded, with crime soaring and homeless people everywhere. Every day brings a new tale of an attack against an innocent person on the city’s street or subway.
 
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
 
The Federal Reserve controls the economy, prints trillions of dollars so they can make you poorer without taxing you, and raises interest rates on things because of reasons. Sound like something you'd be interested in?
The Federal Reserve controls the economy, prints trillions of dollars so they can make you poorer without taxing you, and raises interest rates on things because of reasons. Sound like something you'd be interested in?
 
I keep thinking no administration can be this incompetent. It must be intentional. Americans aren’t debating marginal tax rates. Instead, parents are desperately searching for baby formula.
I keep thinking no administration can be this incompetent. It must be intentional. Americans aren’t debating marginal tax rates. Instead, parents are desperately searching for baby formula.
 
The House of Representatives faced backlash late this week over a plan to use taxpayer money to give staffers in Washington, D.C., and in district offices across the country, free Peloton memberships while the American people feel the pain of soaring inflation rates.
Published: Monday, May 16th, 2022 @ 11:29 pm By: Daily Wire
The House of Representatives faced backlash late this week over a plan to use taxpayer money to give staffers in Washington, D.C., and in district offices across the country, free Peloton memberships while the American people feel the pain of soaring inflation rates.
 
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.
 
North Carolina is among the top five states in the nation on metrics such as tax rates, size of state government, and income transfer programs, according to a new report from the American Legislative Exchange Council.
North Carolina is among the top five states in the nation on metrics such as tax rates, size of state government, and income transfer programs, according to a new report from the American Legislative Exchange Council.
 
The eye-popping potential top marginal tax rates on taxpayers under Joe Biden’s tax plan in states like New York recently made national headlines.
The eye-popping potential top marginal tax rates on taxpayers under Joe Biden’s tax plan in states like New York recently made national headlines.
 
Residents in Wilson, Salisbury, Mooresville, Davidson, and Morganton were being hit with higher taxes and even electricity and water rates as their cities were bleeding money. Why?
Residents in Wilson, Salisbury, Mooresville, Davidson, and Morganton were being hit with higher taxes and even electricity and water rates as their cities were bleeding money. Why?
 
Alexandria Ocasio-Cortez deserves a big "Thank you." In calling for top marginal tax rates of 70 percent, the freshman U.S. representative from New York is attracting attention to often-neglected issues linked to federal tax policy.
Alexandria Ocasio-Cortez deserves a big "Thank you." In calling for top marginal tax rates of 70 percent, the freshman U.S. representative from New York is attracting attention to often-neglected issues linked to federal tax policy.
 
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
 
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
 
It's wrong to suggest a proposed state constitutional amendment would block North Carolina from adopting a system of graduated tax rates
It's wrong to suggest a proposed state constitutional amendment would block North Carolina from adopting a system of graduated tax rates
 
Gov. Roy Cooper unveiled a $24.5 billion state General Fund budget for 2018-19 that freezes scheduled drops in corporate and some personal income tax rates
Gov. Roy Cooper unveiled a $24.5 billion state General Fund budget for 2018-19 that freezes scheduled drops in corporate and some personal income tax rates
 
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
 
If the beneficial effects of the Trump tax cut result in the North Carolina Utilities Commission deciding to lower electricity rates, that will be good news for electricity consumers
If the beneficial effects of the Trump tax cut result in the North Carolina Utilities Commission deciding to lower electricity rates, that will be good news for electricity consumers
 
North Carolina, among many other states, are in a tizzy trying to land the reported “second headquarters” of Amazon
North Carolina, among many other states, are in a tizzy trying to land the reported “second headquarters” of Amazon
 
Every few days, I see another story. They're always the same
Every few days, I see another story. They're always the same
 
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
 
With the national debate about tax reform heating up, you'll be hearing a lot about the difference between marginal and average tax rates
With the national debate about tax reform heating up, you'll be hearing a lot about the difference between marginal and average tax rates
 
Stark differences in conservative Republican and liberal Democratic fiscal priorities were clearly on display during a Senate Finance Committee meeting Wednesday at which a $1 billion tax cut package was approved by voice vote
Stark differences in conservative Republican and liberal Democratic fiscal priorities were clearly on display during a Senate Finance Committee meeting Wednesday at which a $1 billion tax cut package was approved by voice vote
 
Tuesday's edition of the Raleigh News & Observer included a fact-free editorial by a staffer of the George Soros-funded Budget & Tax Center - a project of the NC Justice Center.
Tuesday's edition of the Raleigh News & Observer included a fact-free editorial by a staffer of the George Soros-funded Budget & Tax Center - a project of the NC Justice Center.
 
"North Carolina's recent, major changes in economic policy have resulted, thus far, in sizable increases in economic growth, employment, and salaries, and reductions in unemployment rates."
"North Carolina's recent, major changes in economic policy have resulted, thus far, in sizable increases in economic growth, employment, and salaries, and reductions in unemployment rates."
 
Civitas Action has released its annual Conservative Effectiveness Rankings of North Carolina state lawmakers for 2016.
Civitas Action has released its annual Conservative Effectiveness Rankings of North Carolina state lawmakers for 2016.
 
Governor Pat McCrory announced today that North Carolina ended the fiscal year with strong revenue growth, meaning business tax rates will be lower in 2017.
Governor Pat McCrory announced today that North Carolina ended the fiscal year with strong revenue growth, meaning business tax rates will be lower in 2017.
 
Existing businesses in North Carolina are taxed at rates below the national average, and new firms generally benefit from tax rates beneath national norms, making the Tar Heel State an attractive place to do business, a new study concluded.
Existing businesses in North Carolina are taxed at rates below the national average, and new firms generally benefit from tax rates beneath national norms, making the Tar Heel State an attractive place to do business, a new study concluded.
 
The North Carolina Senate has approved a Taxpayer Protection Act by the required three-fifths vote. The measure approves amending the North Carolina Constitution to place caps on income-tax rates and spending growth while requiring lawmakers to set aside money in a rainy-day fund to guard against...
The North Carolina Senate has approved a Taxpayer Protection Act by the required three-fifths vote. The measure approves amending the North Carolina Constitution to place caps on income-tax rates and spending growth while requiring lawmakers to set aside money in a rainy-day fund to guard against...
 
Amid the uncertainty of state budget negotiations, one fact still holds: North Carolina's corporate tax rates will continue to drop, and those cuts will improve the state's standing in an index from the Tax Foundation in Washington, D.C., ranking state business climates.
Amid the uncertainty of state budget negotiations, one fact still holds: North Carolina's corporate tax rates will continue to drop, and those cuts will improve the state's standing in an index from the Tax Foundation in Washington, D.C., ranking state business climates.
 
The news that state revenue collections are coming in at $400 million above projections could signal a cut in the corporate tax rate for next year.
The news that state revenue collections are coming in at $400 million above projections could signal a cut in the corporate tax rate for next year.
 
Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
 
Last week I reported that, based on this quote, the actions of the Governor and many state legislators in pushing new corporate welfare schemes were at odds with the Republican Party Platform. I was wrong. Shortly after my newsletter went out, I received an email telling me that, in the latest...

My Bad

 
Last week I reported that, based on this quote, the actions of the Governor and many state legislators in pushing new corporate welfare schemes were at odds with the Republican Party Platform. I was wrong. Shortly after my newsletter went out, I received an email telling me that, in the latest...
 
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.
 
If you’ve ever made a bad deal you understand how people in the 51 North Carolina public power communities feel.
Published: Friday, August 1st, 2014 @ 2:56 pm By: Tom Campbell
If you’ve ever made a bad deal you understand how people in the 51 North Carolina public power communities feel.
 
Last year's state tax reform lowered income tax rates for all working North Carolinians.
Last year's state tax reform lowered income tax rates for all working North Carolinians.
 
An impatient Gov. Pat McCrory used his bully pulpit and a wall of white coats Wednesday to push for immediate legislative action on his administration's stalled proposal to run the state's Medicaid program using an Accountable Care Organization system operated by doctors and hospitals...
An impatient Gov. Pat McCrory used his bully pulpit and a wall of white coats Wednesday to push for immediate legislative action on his administration's stalled proposal to run the state's Medicaid program using an Accountable Care Organization system operated by doctors and hospitals...
 
Progressive protesters, including "Moral Monday" demonstrators, have for roughly the past year voiced their opposition to a supposed state "tax increase" passed last year. Specifically, they gripe that the landmark 2013 North Carolina tax reform - which lowered income tax rates on all income...
Progressive protesters, including "Moral Monday" demonstrators, have for roughly the past year voiced their opposition to a supposed state "tax increase" passed last year. Specifically, they gripe that the landmark 2013 North Carolina tax reform - which lowered income tax rates on all income...
 
Gov. Pat McCrory's budget calls for teachers and state employees to get raises, the environmental police to add 19 positions to monitor coal ash, and budget authors to keep the state's spending plan structurally sound.
Gov. Pat McCrory's budget calls for teachers and state employees to get raises, the environmental police to add 19 positions to monitor coal ash, and budget authors to keep the state's spending plan structurally sound.
 
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
 

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