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State lawmakers voted unanimously Wednesday to block an automatic tax increase on employers. Senate Bill 311 would maintain the state’s current tax for funding unemployment insurance.
Published: Sunday, November 28th, 2021 @ 8:44 am
By: Carolina Journal
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Since Governor Pat McCrory entered office in January 2013, North Carolina's economy added 300,000 new jobs, the state experienced one of the largest drops in unemployment in the country, $2.6 billion in debt for federal unemployment insurance was paid off, personal income and business taxes were cut
Published: Monday, January 9th, 2017 @ 6:16 pm
By: McCrory Communications
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Unemployment insurance (UI) reform in North Carolina continues to be the gift that keeps on giving. The 2013 UI reform, made possible by the Republican-dominated General Assembly and Governor Pat McCrory, will enable $240 million in tax savings for state employers in 2016 alone, thanks to a...
Published: Wednesday, January 20th, 2016 @ 12:40 pm
By: Civitas Insitute
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Progressive critics of North Carolina's historic 2013 tax reforms are quick to seize on topline unemployment rate figures in an attempt to discredit the rate cuts. But a closer look shows that in fact our state has enjoyed stellar job growth since taxes were cut.
Published: Friday, January 8th, 2016 @ 11:54 am
By: Civitas Insitute
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Gov. Pat McCrory on Thursday announced that the state's unemployment reserve fund has ballooned to $1 billion, meaning that businesses across North Carolina will see the surcharges on their state unemployment taxes drop in January, resulting in more than a half-billion dollars in tax relief
Published: Wednesday, January 6th, 2016 @ 2:25 am
By: John Locke Foundation
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In 2013, North Carolina's unemployment insurance (UI) program was in terrible shape. Like most states, North Carolina borrowed funds from the federal government to cover increased unemployment benefits during the great recession. The Tar Heel State owed Washington $2.75 billion. As a result, the sta
Published: Thursday, October 15th, 2015 @ 4:12 am
By: Civitas Insitute
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Governor Pat McCrory announced today North Carolina has paid off the unemployment insurance debt owed to the federal government. That debt was as high as $2.8 billion and stood at $2.5 billion when Governor McCrory took office in January 2013.
Published: Wednesday, May 6th, 2015 @ 9:08 pm
By: Chris Downey
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When Governor McCrory Was Elected: North Carolina had an unemployment rate of 8.8%, the 5th highest in the nation...
Published: Thursday, February 5th, 2015 @ 9:39 pm
By: Chris Downey
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Governor Pat McCrory announced today that North Carolina’s unemployment insurance debt to the federal government has dropped from more than $2.5 billion to $980 million during the past 18 months.
Published: Tuesday, June 17th, 2014 @ 10:48 pm
By: Christopher Maye
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The debate about recent economic growth in North Carolina has a peculiar dynamic. Democrats who think President Barack Obama's economic policies have succeeded are simultaneously claiming that the economic policies of North Carolina's legislature and Gov. Pat McCrory are failing. Republicans who...
Published: Thursday, June 12th, 2014 @ 3:47 pm
By: John Locke Foundation
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How serious are our state leaders about economic growth and long-term recovery? Are they committed to broadening the base of taxpayers so that everyone pays something and nearly everyone pays less? Will they stand strong to continue the reforms that are turning the state around?
Published: Saturday, May 31st, 2014 @ 10:14 pm
By: John Locke Foundation
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Although hostilities have been underway for some time, I hereby issue a formal Declaration of War against silly, uninformed talking points repeated endlessly in North Carolina politics.
Published: Sunday, May 18th, 2014 @ 1:11 pm
By: John Locke Foundation
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When Republicans took control of the legislature in January 2011, North Carolina's economy was struggling, the unemployment rate was 10.4%, citizens and businesses were burdened with a 1930s Depression-era tax code, and the state owed the federal government $2.5 billion.
Published: Sunday, February 9th, 2014 @ 10:51 am
By: Stan Deatherage
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I've devoted several recent columns to the subject of unemployment insurance (UI) and North Carolina's labor market. That's because the topic is an important and timely one, both within the state and outside it.
Published: Sunday, February 9th, 2014 @ 9:05 am
By: John Locke Foundation
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Under the Bureau of Labor Statistics definition, discouraged workers are those who would otherwise be in the labor force but have gone so long without finding a job that they have stopped looking. According to critics of North Carolina's July 2013 exit from extended benefits under the...
Published: Saturday, January 18th, 2014 @ 2:22 am
By: John Locke Foundation
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According to official government estimates, paying people not to work for extended periods of time is good for the economy, because it encourages consumer spending. This is an excellent reason why you should not take official government estimates all that seriously.
Published: Wednesday, January 1st, 2014 @ 9:48 am
By: John Locke Foundation
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In state politics, most people cite the unemployment rate as a proxy for the performance of North Carolina's economy. They also tend to describe...
Published: Sunday, June 9th, 2013 @ 5:55 pm
By: John Locke Foundation
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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.
Published: Tuesday, March 5th, 2013 @ 8:38 am
By: Stan Deatherage
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Gov. Pat McCrory Tuesday signed into law a bill that would rework the state's unemployment insurance system.
Published: Wednesday, February 20th, 2013 @ 11:39 pm
By: John Locke Foundation
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We've said our peace in opposition to the NC General Assembly's campaign to increase unemployment taxes for employers across the state. We've received SOME criticism over that position -- even from alleged conservatives -- sniffing that the increase is a mere "pittance"
Published: Friday, February 8th, 2013 @ 1:01 pm
By: Brant Clifton
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Our state has been suffering with high unemployment and sluggish economic growth since the 2008 financial crisis primarily because of an inadequate educational system, high taxes and poor investments by state government.
Published: Wednesday, February 6th, 2013 @ 1:41 am
By: Civitas Insitute
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Well, the NC General Assembly is seriously considering jacking up unemployment taxes across The Tar Heel State. Meanwhile, The Commonwealth of Virginia is seriously contemplating eliminating its gasoline tax.
Published: Tuesday, February 5th, 2013 @ 8:48 am
By: Brant Clifton
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Our state has been suffering with high unemployment and sluggish economic growth since the 2008 financial crisis primarily because of an inadequate educational system, high taxes and poor investments by state government.
Published: Saturday, February 2nd, 2013 @ 3:45 pm
By: Civitas Insitute
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Let's recap. We have record unemployment, and one of the highest gas tax burdens in America.
Published: Saturday, December 15th, 2012 @ 12:17 pm
By: Brant Clifton
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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.
Published: Thursday, December 6th, 2012 @ 5:48 pm
By: John Locke Foundation
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The need to reform North Carolina's tax structure is urgent. Our state's economy continues to struggle, suffering from a 9.7 unemployment rate - fifth highest in the nation
Published: Monday, October 22nd, 2012 @ 2:28 pm
By: Civitas Insitute
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North Carolina's February unemployment rate dropped in both seasonally adjusted and unadjusted measures, the state's Department of Commerce reported today.
Published: Sunday, April 1st, 2012 @ 3:10 pm
By: John Locke Foundation
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With all the government hand outs, freebies, special interests, debt, and unemployment one would think no sane politician would still be trying to raise taxes.
Published: Sunday, March 4th, 2012 @ 8:22 am
By: Hood Richardson
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