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43 Results found for zero tax bracket

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North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
 
Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
 
We’ve heard the characterization plenty of times over the years: Republicans are the party of the rich and Democrats are the party of the working class.
We’ve heard the characterization plenty of times over the years: Republicans are the party of the rich and Democrats are the party of the working class.
 
Things are quiet this week on Jones Street in Raleigh, even as work on a state budget plan, which the governor may or may not sign, looms in the legislature.
Things are quiet this week on Jones Street in Raleigh, even as work on a state budget plan, which the governor may or may not sign, looms in the legislature.
 
Gov. Roy Cooper opposes tax cuts for North Carolinians earning more than $200,000 a year.
Gov. Roy Cooper opposes tax cuts for North Carolinians earning more than $200,000 a year.
 
Senate Bill 105 will require a second vote Friday morning.
 
Overall spending growth will be below GOP's self-imposed spending limitation of population plus inflation increases
Overall spending growth will be below GOP's self-imposed spending limitation of population plus inflation increases
 
It has been four years since the legislature last passed a significant tax reform.
It has been four years since the legislature last passed a significant tax reform.
 
When defending their pay-as-you-go statewide school construction plan, Republican legislators sometimes appear perplexed.
When defending their pay-as-you-go statewide school construction plan, Republican legislators sometimes appear perplexed.
 
A week ago, the state Senate passed its version of a $23.9 billion General Fund budget for the next fiscal year. The Senate and House still must resolve their differences in a conference report, pass it, and send it to Gov. Roy Cooper.
A week ago, the state Senate passed its version of a $23.9 billion General Fund budget for the next fiscal year. The Senate and House still must resolve their differences in a conference report, pass it, and send it to Gov. Roy Cooper.
 
Every one of us could find some productive use of an extra $20. Those at the lower end of the income scale are most likely to notice whether that money ends up in their wallet or with the N.C. Department of Revenue.
Every one of us could find some productive use of an extra $20. Those at the lower end of the income scale are most likely to notice whether that money ends up in their wallet or with the N.C. Department of Revenue.
 
North Carolina continues to attract national attention for the success of its state-level tax reforms.
North Carolina continues to attract national attention for the success of its state-level tax reforms.
 
We will offer this allotment of three with more to come; some old, most new, but all quite informative, and, moreover, necessary to understanding that in North Carolina, there is a wiser path to govern ourselves and our People.
We will offer this allotment of three with more to come; some old, most new, but all quite informative, and, moreover, necessary to understanding that in North Carolina, there is a wiser path to govern ourselves and our People.
 
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
 
As we go into the 2018 election season, there is a great deal of talk among Republicans, both in the White House and in Congress, to pursue what is being referred to as "tax cuts 2.0."
As we go into the 2018 election season, there is a great deal of talk among Republicans, both in the White House and in Congress, to pursue what is being referred to as "tax cuts 2.0."
 
The Democratic governor suggests Republican leaders of the N.C. General Assembly favor those groups over people with lower incomes. But the facts show that the governor bears responsibility for trying to divide North Carolinians by income level
The Democratic governor suggests Republican leaders of the N.C. General Assembly favor those groups over people with lower incomes. But the facts show that the governor bears responsibility for trying to divide North Carolinians by income level
 
Most reports about the recently passed federal tax plan have included a line about the near doubling of the standard personal income tax deduction
Most reports about the recently passed federal tax plan have included a line about the near doubling of the standard personal income tax deduction
 
"If we want to renew our prosperity, restore our opportunity, and reestablish our economic dominance - which is what we should be doing - then we need tax reform that is pro-growth, pro-jobs, pro-worker, pro-family, and, yes, pro-American."
"If we want to renew our prosperity, restore our opportunity, and reestablish our economic dominance - which is what we should be doing - then we need tax reform that is pro-growth, pro-jobs, pro-worker, pro-family, and, yes, pro-American."
 
Ever since North Carolina enacted a major tax reform package in 2013, left-of-center politicians and pundits have lamented the disappearance of a progressive income tax
Ever since North Carolina enacted a major tax reform package in 2013, left-of-center politicians and pundits have lamented the disappearance of a progressive income tax
 
The 2017 legislative long session is over. Kind of. In the wee hours of June 30, on the eve of the new fiscal year, the General Assembly adjourned, only to schedule encore sessions in August and September
The 2017 legislative long session is over. Kind of. In the wee hours of June 30, on the eve of the new fiscal year, the General Assembly adjourned, only to schedule encore sessions in August and September
 
N.C. House budget writers' decision to mirror the Senate's overall goal of $22.9 billion in General Fund spending next year should pave the way for relatively quick agreement between the House and Senate on budget details
N.C. House budget writers' decision to mirror the Senate's overall goal of $22.9 billion in General Fund spending next year should pave the way for relatively quick agreement between the House and Senate on budget details
 
If you are a North Carolina taxpayer and you think something looks familiar about President Trump’s tax reform plan, you are right
If you are a North Carolina taxpayer and you think something looks familiar about President Trump’s tax reform plan, you are right
 
"Government shouldn't pick winners and losers."
 
True, longtime Raleigh News & Observer political columnist Rob Christensen might have written his latest piece before reading last week’s Carolina Journal Daily Journal on recent progressive changes to North Carolina’s personal income tax
True, longtime Raleigh News & Observer political columnist Rob Christensen might have written his latest piece before reading last week’s Carolina Journal Daily Journal on recent progressive changes to North Carolina’s personal income tax
 
The state Senate has given its approval to a proposed constitutional amendment capping the income tax rate at 5.5 percent, but one lawmaker has a better idea
The state Senate has given its approval to a proposed constitutional amendment capping the income tax rate at 5.5 percent, but one lawmaker has a better idea
 
As legislative Republicans return to Raleigh, additional tax reforms will be on their agenda
As legislative Republicans return to Raleigh, additional tax reforms will be on their agenda
 
Over the last six years, bold, courageous North Carolina leaders have been willing to take risks, push the envelope, and offer unlimited opportunities for education freedom, for financial security, and for transformational reforms
Over the last six years, bold, courageous North Carolina leaders have been willing to take risks, push the envelope, and offer unlimited opportunities for education freedom, for financial security, and for transformational reforms
 
Top legislative budget and tax writers say the N.C. General Assembly isn't likely to tackle more extensive tax reform next year. Nor are major spending changes in the works
Top legislative budget and tax writers say the N.C. General Assembly isn't likely to tackle more extensive tax reform next year. Nor are major spending changes in the works
 
There are few aspects of the 2013 tax reform in North Carolina that have drawn more criticism from Democrats and progressives than elimination of the Earned Income Tax Credit
There are few aspects of the 2013 tax reform in North Carolina that have drawn more criticism from Democrats and progressives than elimination of the Earned Income Tax Credit
 
The N.C. General Assembly's 2016-17 short session is over, the legislature has adjourned, and everyone is back in his or her district - either planning retirement or campaigning
The N.C. General Assembly's 2016-17 short session is over, the legislature has adjourned, and everyone is back in his or her district - either planning retirement or campaigning
 
Government requires money to do its work. Anarchists disagree. But for the vast majority of us, the real debates involve, first, how much money government needs and, second, how government ought to collect that money
Government requires money to do its work. Anarchists disagree. But for the vast majority of us, the real debates involve, first, how much money government needs and, second, how government ought to collect that money
 
Political progressives aren't the only ones who see value in adding more "progressivity" to the state's personal income tax. A Republican-sponsored bill that won unanimous support last week in the N.C. Senate would accomplish that goal
Political progressives aren't the only ones who see value in adding more "progressivity" to the state's personal income tax. A Republican-sponsored bill that won unanimous support last week in the N.C. Senate would accomplish that goal
 
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
 
One of the architects of North Carolina's recent tax reforms wants to lower the maximum rate of personal income tax allowed by the state constitution
One of the architects of North Carolina's recent tax reforms wants to lower the maximum rate of personal income tax allowed by the state constitution
 
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