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Results found for "tax system"


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.
 
Today the Tax Foundation released its annual State Business Tax Climate Index that highlights which states best structure their tax systems and provides a roadmap for improvement for others.
Today the Tax Foundation released its annual State Business Tax Climate Index that highlights which states best structure their tax systems and provides a roadmap for improvement for others.
 
If you think very rich people pay a lower share of their income in taxes than you do, you are very likely to vote for Democrats and to support a range of government interventions in the economy.
If you think very rich people pay a lower share of their income in taxes than you do, you are very likely to vote for Democrats and to support a range of government interventions in the economy.
 
H.R. 3151, the “Taxpayer First Act,” which makes changes to the management and oversight of the Internal Revenue Service (IRS); modernizes the IRS to help combat tax fraud and update information technology systems; and makes other changes to the Internal Revenue Code
H.R. 3151, the “Taxpayer First Act,” which makes changes to the management and oversight of the Internal Revenue Service (IRS); modernizes the IRS to help combat tax fraud and update information technology systems; and makes other changes to the Internal Revenue Code
 
North Carolina needs to reform its approach to taxing capital gains. As I have noted in a previous analysis for the John Locke Foundation, the current system ignores the fundamental nature of capital gains taxes.
North Carolina needs to reform its approach to taxing capital gains. As I have noted in a previous analysis for the John Locke Foundation, the current system ignores the fundamental nature of capital gains taxes.
 
America's workers deserve to keep more of what they earn. We will focus on making the tax system better for hardworking middle-class Americans each and every year.
America's workers deserve to keep more of what they earn. We will focus on making the tax system better for hardworking middle-class Americans each and every year.
 
The public transportation system in Wilson, as in many places, needs taxpayer subsidies to keep the buses running. The difference between the cost of operating the system and revenues, led by passenger fares, is more than $1 million a year
The public transportation system in Wilson, as in many places, needs taxpayer subsidies to keep the buses running. The difference between the cost of operating the system and revenues, led by passenger fares, is more than $1 million a year
 
State Treasurer Dale Folwell wants UNC Health Care to post a $1 billion performance bond guaranteeing medical costs would not increase for State Health Plan participants, or hit state taxpayers in the wallet, if the system enters into a proposed partnership with Carolinas HealthCare
State Treasurer Dale Folwell wants UNC Health Care to post a $1 billion performance bond guaranteeing medical costs would not increase for State Health Plan participants, or hit state taxpayers in the wallet, if the system enters into a proposed partnership with Carolinas HealthCare
 
Recent tax reform passed by Republicans in Congress and enthusiastically signed by President Trump, went a long way toward fixing what had become a federal tax system that was discouraging work effort, investment, and entrepreneurship
Recent tax reform passed by Republicans in Congress and enthusiastically signed by President Trump, went a long way toward fixing what had become a federal tax system that was discouraging work effort, investment, and entrepreneurship
 
North Carolina is urbanizing. One of its urban areas, Charlotte, has an extensive transit system that includes rail lines
North Carolina is urbanizing. One of its urban areas, Charlotte, has an extensive transit system that includes rail lines
 
President Donald J. Trump is working to reform our tax system so that Americans are treated fairly and can keep more of their hard-earned money, and companies can bring jobs back to the United States.
President Donald J. Trump is working to reform our tax system so that Americans are treated fairly and can keep more of their hard-earned money, and companies can bring jobs back to the United States.
 
Senate leaders on Tuesday began unveiling their $22.2 billion General Fund budget, including a nearly 20 percent pay boost for teachers over two years, a middle-class tax cut, and a tuition freeze for UNC system students
Senate leaders on Tuesday began unveiling their $22.2 billion General Fund budget, including a nearly 20 percent pay boost for teachers over two years, a middle-class tax cut, and a tuition freeze for UNC system students
 
Every year the Tax Foundation publishes the State Business Tax Climate Index, which allows taxpayers, businesses, and policy makers an easy comparison of how their states' tax systems relate. This ranking of the states is based on tax policy has been very important in North Carolina over the last...
Every year the Tax Foundation publishes the State Business Tax Climate Index, which allows taxpayers, businesses, and policy makers an easy comparison of how their states' tax systems relate. This ranking of the states is based on tax policy has been very important in North Carolina over the last...
 
If you ever thought that complaining about the tax system was a modern phenomenon, I can disabuse you of the notion in two sentences.
If you ever thought that complaining about the tax system was a modern phenomenon, I can disabuse you of the notion in two sentences.
 
Republican state senators want to make North Carolina's income tax system more progressive.
Republican state senators want to make North Carolina's income tax system more progressive.
 
It seemed appropriate that, on the eve of the April 15 tax filing deadline, Guilford County Board of Education member Jeff Belton would take a moment to provide a cautionary tale about government and taxes.
It seemed appropriate that, on the eve of the April 15 tax filing deadline, Guilford County Board of Education member Jeff Belton would take a moment to provide a cautionary tale about government and taxes.
 
Senate Majority Leader Harry Brown (R-Onslow) introduced legislation on Monday to reform the state sales tax system. The state levies a 4.75 percent sales tax, while counties levy an additional two percent. The two percent is the focus of the bill, and is currently composed of three different...
Senate Majority Leader Harry Brown (R-Onslow) introduced legislation on Monday to reform the state sales tax system. The state levies a 4.75 percent sales tax, while counties levy an additional two percent. The two percent is the focus of the bill, and is currently composed of three different...
 
A few days a week, I ride a Triangle Transit 301 bus to and from the palatial Civitas HQ in the Warehouse District of Raleigh. But even as a transit rider, my blood runs cold when I hear government planners are plotting ways to bring throw taxpayers' money at light-rail systems and commuter rail...
A few days a week, I ride a Triangle Transit 301 bus to and from the palatial Civitas HQ in the Warehouse District of Raleigh. But even as a transit rider, my blood runs cold when I hear government planners are plotting ways to bring throw taxpayers' money at light-rail systems and commuter rail...
 
Before Wake County asks taxpayers to pay for more buildings, the school system needs to ensure its population estimates are accurate.
Before Wake County asks taxpayers to pay for more buildings, the school system needs to ensure its population estimates are accurate.
 
State budget writers looking for ways to save taxpayers’ dollars should continue to examine the University of North Carolina system.
State budget writers looking for ways to save taxpayers’ dollars should continue to examine the University of North Carolina system.
 
In 2013 North Carolina instituted sweeping tax reform and began the process of making its tax system more efficient and more consistent with liberty.
In 2013 North Carolina instituted sweeping tax reform and began the process of making its tax system more efficient and more consistent with liberty.
 
Critics of a just-passed Senate bill complain that it limits the ability of Wake, Guilford, and Forsyth counties to raise sales taxes to fund proposed rail transit systems in the Triangle and Triad.
Critics of a just-passed Senate bill complain that it limits the ability of Wake, Guilford, and Forsyth counties to raise sales taxes to fund proposed rail transit systems in the Triangle and Triad.
 
Taxpayers and motorists would be better served if the proposed Monroe Connector/Bypass were judged on a merit-based system adopted last year rather than the old system that typically rewarded political influence and geography, a top transportation planner said.
Taxpayers and motorists would be better served if the proposed Monroe Connector/Bypass were judged on a merit-based system adopted last year rather than the old system that typically rewarded political influence and geography, a top transportation planner said.
 
The year 2013 has seen significant reforms in North Carolina - to our tax system, job-killing regulations, transportation and infrastructure priorities, and education. The result will be substantive and meaningful changes in North Carolina. We will be positioned to recover from the recession more
The year 2013 has seen significant reforms in North Carolina - to our tax system, job-killing regulations, transportation and infrastructure priorities, and education. The result will be substantive and meaningful changes in North Carolina. We will be positioned to recover from the recession more
 
College degrees are not created equal. Would you buy your child just any old degree? A folk art and artisanry degree? A dance degree? A psychology degree?
College degrees are not created equal. Would you buy your child just any old degree? A folk art and artisanry degree? A dance degree? A psychology degree?
 
For decades North Carolina's tax system has needed a major overhaul. A model of hodgepodge tax policy, it has featured high rates for most taxpayers and special exemptions for the few. It has penalized economic growth and discouraged job creation.
For decades North Carolina's tax system has needed a major overhaul. A model of hodgepodge tax policy, it has featured high rates for most taxpayers and special exemptions for the few. It has penalized economic growth and discouraged job creation.
 
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
Published: Tuesday, July 9th, 2013 @ 10:29 pm By: Diane Rufino
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
 
All across our state North Carolina families are working hard to make ends meet. But an outdated, archaic tax system that excessively taxes income stands in the way of our state's economic recovery and penalizes our citizens' hard work and success.
All across our state North Carolina families are working hard to make ends meet. But an outdated, archaic tax system that excessively taxes income stands in the way of our state's economic recovery and penalizes our citizens' hard work and success.
 
North Carolina's auto insurance system imposes a special tax on all drivers that helps subsidize rates for high-risk drivers. That tax is part of a system designed to guarantee profits for insurers.
North Carolina's auto insurance system imposes a special tax on all drivers that helps subsidize rates for high-risk drivers. That tax is part of a system designed to guarantee profits for insurers.
 
Whether the setting is Raleigh or Washington, the tax reform debate will inevitably come down to one Big Question: Are you willing to trade current tax preferences for lower marginal tax rates?
Whether the setting is Raleigh or Washington, the tax reform debate will inevitably come down to one Big Question: Are you willing to trade current tax preferences for lower marginal tax rates?
 
Some Triangle politicians continue to push for a new taxpayer-funded regional passenger rail system. Adrian Moore, vice president for policy at the Reason Foundation, says passenger rail makes no sense for most American communities, including North Carolina's Triangle region.
Some Triangle politicians continue to push for a new taxpayer-funded regional passenger rail system. Adrian Moore, vice president for policy at the Reason Foundation, says passenger rail makes no sense for most American communities, including North Carolina's Triangle region.
 
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
 
As you may know, the John Locke Foundation has just published a new book - First in Freedom: Transforming Ideas into Consequences for North Carolina - that proposes a new tax system for our state.
As you may know, the John Locke Foundation has just published a new book - First in Freedom: Transforming Ideas into Consequences for North Carolina - that proposes a new tax system for our state.
 
North Carolina spends $12 million in state tax dollars every year on a program called Customized Training. Run by the state community college system, it provides job training for employees of particular firms.
North Carolina spends $12 million in state tax dollars every year on a program called Customized Training. Run by the state community college system, it provides job training for employees of particular firms.
 
You know the old saying -- you have to spend money to make money. That's the message N.C. Department of Revenue Secretary David Hoyle wants to send as the department puts the finishing touches on its new Tax Information Management System.
You know the old saying -- you have to spend money to make money. That's the message N.C. Department of Revenue Secretary David Hoyle wants to send as the department puts the finishing touches on its new Tax Information Management System.
 
Two of the top issues facing new North Carolina Gov. Pat McCrory and the General Assembly in 2013 are tax reform and education reform. For the performance of North Carolina's economy to improve significantly in the short run, we need a more competitive tax system.
Two of the top issues facing new North Carolina Gov. Pat McCrory and the General Assembly in 2013 are tax reform and education reform. For the performance of North Carolina's economy to improve significantly in the short run, we need a more competitive tax system.
 
North Carolina has a public (meaning taxpayer-financed) campaign financing system for appellate court judges and three Council of State positions: Auditor, Commissioner of Insurance, and Superintendent of Public Instruction.
North Carolina has a public (meaning taxpayer-financed) campaign financing system for appellate court judges and three Council of State positions: Auditor, Commissioner of Insurance, and Superintendent of Public Instruction.
 
I don't find the structure of North Carolina's tax code to be at all surprising. I find it confusing, destructive, unfair, and absurd, as do most folks who have ever studied it. But no one should ever be surprised that tax systems are screwy.
I don't find the structure of North Carolina's tax code to be at all surprising. I find it confusing, destructive, unfair, and absurd, as do most folks who have ever studied it. But no one should ever be surprised that tax systems are screwy.
 
If you're a North Carolina taxpayer, public school teacher, government employee, or anyone with a vested interest in the state's pension system, beware: State Treasurer Janet Cowell could be gambling with your money (and, potentially, your retirement) to satisfy a political agenda.
If you're a North Carolina taxpayer, public school teacher, government employee, or anyone with a vested interest in the state's pension system, beware: State Treasurer Janet Cowell could be gambling with your money (and, potentially, your retirement) to satisfy a political agenda.
 

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