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On Thursday, Sen. John Cornyn (R-TX) became the first member to declare his candidacy to replace Sen. Mitch McConnell (R-KY) as leader of the Senate GOP.
On Thursday, Sen. John Cornyn (R-TX) became the first member to declare his candidacy to replace Sen. Mitch McConnell (R-KY) as leader of the Senate GOP.
 
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.
 
Nearly three months into the fiscal year, a budget bill has finally arrived
Nearly three months into the fiscal year, a budget bill has finally arrived
 
The John Locke Foundation has signed onto a letter to federal officials opposing new steel tariffs. An Ohio corporation and the United Steel Workers are petitioning to raise tariffs on tinplate steel.
The John Locke Foundation has signed onto a letter to federal officials opposing new steel tariffs. An Ohio corporation and the United Steel Workers are petitioning to raise tariffs on tinplate steel.
 
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.
 
The North Carolina House, Senate, and governor have each released their budget proposals for the upcoming biennium
 
Deputy Labor Secretary Julie Su, who President Joe Biden nominated to replace Labor Secretary Marty Walsh, will defend her previous support of a controversial law in California that cracked down on freelancers as she seeks confirmation in the Senate.
Deputy Labor Secretary Julie Su, who President Joe Biden nominated to replace Labor Secretary Marty Walsh, will defend her previous support of a controversial law in California that cracked down on freelancers as she seeks confirmation in the Senate.
 
The difference between Republican governance and Democrat tax and spend
The difference between Republican governance and Democrat tax and spend
 
Ten years ago, in July of 2013, the Republican-led General Assembly enacted historic tax reforms. Perhaps most notably, lawmakers overhauled the state’s personal income tax, moving from a progressive multi-tiered structure to a flat, simple rate.
Ten years ago, in July of 2013, the Republican-led General Assembly enacted historic tax reforms. Perhaps most notably, lawmakers overhauled the state’s personal income tax, moving from a progressive multi-tiered structure to a flat, simple rate.
 
Small businesses impacted by the current economic tumult are filing for bankruptcy at levels last witnessed at the outset of the lockdown-induced recession, even as President Joe Biden touts an uptick in new business ventures.
Small businesses impacted by the current economic tumult are filing for bankruptcy at levels last witnessed at the outset of the lockdown-induced recession, even as President Joe Biden touts an uptick in new business ventures.
 
Governor Cooper released his recommended budget for the biennium today. The General Assembly has already begun budget writing, and the Governor’s recommendations, in this case, are purely political.
Governor Cooper released his recommended budget for the biennium today. The General Assembly has already begun budget writing, and the Governor’s recommendations, in this case, are purely political.
 
General Assembly leaders agreed to a bottom-line budget number last week, kicking off the biennium budget season. Senate Leader Phil Berger (R-Rockingham) and House Speaker Tim Moore (R-Cleveland) announced that General Fund spending would increase by 6.5% in the first year
General Assembly leaders agreed to a bottom-line budget number last week, kicking off the biennium budget season. Senate Leader Phil Berger (R-Rockingham) and House Speaker Tim Moore (R-Cleveland) announced that General Fund spending would increase by 6.5% in the first year
 
It’s time to recognize that earning a living in North Carolina is a right, not a privilege. Thankfully, North Carolina senators introduced a bill last week to repeal the redundant and antiquated privilege license tax,
It’s time to recognize that earning a living in North Carolina is a right, not a privilege. Thankfully, North Carolina senators introduced a bill last week to repeal the redundant and antiquated privilege license tax,
 
Locke President Donald Bryson on Today's Medicaid Expansion Deal
 
The nation’s most influential manufacturing association said former President Donald Trump is responsible for strong performance in the industry after President Joe Biden repeatedly took credit for growth in the sector during his State of the Union address on Tuesday.
The nation’s most influential manufacturing association said former President Donald Trump is responsible for strong performance in the industry after President Joe Biden repeatedly took credit for growth in the sector during his State of the Union address on Tuesday.
 
Conservative legislators in North Carolina have notably improved our state’s tax code over the past dozen years. Significant tax cuts and reforms have enabled NC to outcompete most other states economically and make it far more attractive for job creation and investment.
Conservative legislators in North Carolina have notably improved our state’s tax code over the past dozen years. Significant tax cuts and reforms have enabled NC to outcompete most other states economically and make it far more attractive for job creation and investment.
 
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.
 
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.
 
After nearly half of a decade, Congressional Democrats finally released former President Donald J. Trump’s tax returns and you won’t believe what happened next!
After nearly half of a decade, Congressional Democrats finally released former President Donald J. Trump’s tax returns and you won’t believe what happened next!
 
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.
 
Former Republican Speaker of the House Paul Ryan called himself a “never-again-Trumper” and blamed former President Donald Trump for the GOP’s lackluster performance in the midterm elections.
Former Republican Speaker of the House Paul Ryan called himself a “never-again-Trumper” and blamed former President Donald Trump for the GOP’s lackluster performance in the midterm elections.
 
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.
 
Treasury Secretary Janet Yellen on Tuesday announced the inaugural members of her department’s Advisory Committee on Racial Equity.
 
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
 
The Office of the State Controller this week released its General Fund Monthly Financial Report for the 2021-2022 fiscal year that ended June 30th.
The Office of the State Controller this week released its General Fund Monthly Financial Report for the 2021-2022 fiscal year that ended June 30th.
 
Pres. Biden and Gov. Cooper tout government intervention to force offshore wind energy development off North Carolina beaches as a way to create jobs and grow the economy
Pres. Biden and Gov. Cooper tout government intervention to force offshore wind energy development off North Carolina beaches as a way to create jobs and grow the economy
 
By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families. President Biden is the most pro-worker, pro-union President in history, and the Inflation Reduction Act builds on that legacy.
By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families. President Biden is the most pro-worker, pro-union President in history, and the Inflation Reduction Act builds on that legacy.
 
By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families, including Asian American, Native Hawaiian, and Pacific Islander (AA and NHPI) families.
By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families, including Asian American, Native Hawaiian, and Pacific Islander (AA and NHPI) families.
 
As tax reform heats up across the country, high-tax states should take notice
 
By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families, including rural families.
By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families, including rural families.
 
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