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North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
 
The North Carolina Department of Health and Human Services today released the NC Comprehensive Cancer Control Action Plan 2020-2025 to address the cancer challenges and issues that affect North Carolinians.
The North Carolina Department of Health and Human Services today released the NC Comprehensive Cancer Control Action Plan 2020-2025 to address the cancer challenges and issues that affect North Carolinians.
 
HBO probably never expected one of its high-profile dramas to deliver a message about overly burdensome occupational licensing.
HBO probably never expected one of its high-profile dramas to deliver a message about overly burdensome occupational licensing.
 
North Carolina’s economy has been devastated by the decisions of Gov. Roy Cooper and state and local officials in their attempt to ameliorate the effects of COVID-19.
North Carolina’s economy has been devastated by the decisions of Gov. Roy Cooper and state and local officials in their attempt to ameliorate the effects of COVID-19.
 
Uncertainty clouds the discussion of how the U.S. should fight the spread of the COVID-19, the flu-like respiratory disease that originated in China in December and was first reported in the U.S. in late January.
Uncertainty clouds the discussion of how the U.S. should fight the spread of the COVID-19, the flu-like respiratory disease that originated in China in December and was first reported in the U.S. in late January.
 
Here’s bad news for college students: A Princeton University study says financial stress can make you less smart.
Here’s bad news for college students: A Princeton University study says financial stress can make you less smart.
 
If North Carolina’s nebulous criminal code isn’t confusing enough, the “elephant” metaphors lawmakers use to describe them are even less enlightening.
If North Carolina’s nebulous criminal code isn’t confusing enough, the “elephant” metaphors lawmakers use to describe them are even less enlightening.
 
Student loan debt has reached the dizzying level of nearly $1.6 trillion—largely due to ever-soaring tuition prices and students taking on financial burdens that far outweigh their earning potential.
Student loan debt has reached the dizzying level of nearly $1.6 trillion—largely due to ever-soaring tuition prices and students taking on financial burdens that far outweigh their earning potential.
 
In North Carolina and across the country, rank-and-file Democrats are counting on a big blue wave to wash over congressional, legislative, and local elections this year, as well as over gubernatorial contests in the majority of states that, unlike ours, elect their governors in non-presidential year
In North Carolina and across the country, rank-and-file Democrats are counting on a big blue wave to wash over congressional, legislative, and local elections this year, as well as over gubernatorial contests in the majority of states that, unlike ours, elect their governors in non-presidential year
 
As a result of historic tax reform signed into law by Governor Pat McCrory, North Carolina's tax climate has improved to 11th, up from 44th in 2013, according to this year's State Business Tax Climate Index by the Tax Foundation.
As a result of historic tax reform signed into law by Governor Pat McCrory, North Carolina's tax climate has improved to 11th, up from 44th in 2013, according to this year's State Business Tax Climate Index by the Tax Foundation.
 
I doubt that many people think of college professors as harried and overburdened to the point where they're putting their very health at risk, but [...]
I doubt that many people think of college professors as harried and overburdened to the point where they're putting their very health at risk, but [...]
 
North Carolina was lauded for "impressive reforms" curtailing its regulatory burdens on businesses and individuals, and national policy analysts discussed methods of further reducing costly restrictions during a June 22 teleconference call
North Carolina was lauded for "impressive reforms" curtailing its regulatory burdens on businesses and individuals, and national policy analysts discussed methods of further reducing costly restrictions during a June 22 teleconference call
 
Over the past five years, North Carolina has become a more attractive place to work, live, invest, and do business.
Over the past five years, North Carolina has become a more attractive place to work, live, invest, and do business.
 
Late last week, the Tax Foundation - the nation's leading independent tax policy research organization since 1937 - released its book "North Carolina Illustrated: A Visual Guide to Tax Reform."
Late last week, the Tax Foundation - the nation's leading independent tax policy research organization since 1937 - released its book "North Carolina Illustrated: A Visual Guide to Tax Reform."
 
This report is an attempt to identify the scope and cost of regulations in the state of North Carolina in a manner more comprehensive than the surveys offered by business climate indices. By these measures, North Carolina's record is mixed in terms of regulatory burden depending on the measure used.
This report is an attempt to identify the scope and cost of regulations in the state of North Carolina in a manner more comprehensive than the surveys offered by business climate indices. By these measures, North Carolina's record is mixed in terms of regulatory burden depending on the measure used.
 
Last week's newsletter mentioned in passing something that this week's entry will explore further. It discussed my new report promoting a state REINS Act for North Carolina, in light of findings by Beacon Hill economists that the regulatory burden imposed by North Carolina on the private sector...
Last week's newsletter mentioned in passing something that this week's entry will explore further. It discussed my new report promoting a state REINS Act for North Carolina, in light of findings by Beacon Hill economists that the regulatory burden imposed by North Carolina on the private sector...
 
If leaders of the North Carolina House of Representatives are right that the state needs a 6.3 percent increase in General Fund spending for the coming year, then they were wrong two years ago when they helped craft an historic tax-reform package to boost North Carolina's economic competitiveness.
If leaders of the North Carolina House of Representatives are right that the state needs a 6.3 percent increase in General Fund spending for the coming year, then they were wrong two years ago when they helped craft an historic tax-reform package to boost North Carolina's economic competitiveness.
 
This week brought every American's favorite day: April 15. Most of us knew that we were required to file and pay taxes by the Wednesday deadline. But do you know exactly how long it took you to complete enough work to pay for those taxes? If we add up every tax you have to pay...
This week brought every American's favorite day: April 15. Most of us knew that we were required to file and pay taxes by the Wednesday deadline. But do you know exactly how long it took you to complete enough work to pay for those taxes? If we add up every tax you have to pay...
 
While last-minute filers across the country rush to a post office or computer terminal to file their 2014 income tax returns, North Carolinians are within 24 hours of reaching an important date for this year - Tax Freedom Day.
While last-minute filers across the country rush to a post office or computer terminal to file their 2014 income tax returns, North Carolinians are within 24 hours of reaching an important date for this year - Tax Freedom Day.
 
If North Carolina's tax burden has no effect on business decisions and the performance of the economy, as left-of-center politicians and editorialists have repeatedly insisted, then why are they so enamored with targeted tax breaks?
If North Carolina's tax burden has no effect on business decisions and the performance of the economy, as left-of-center politicians and editorialists have repeatedly insisted, then why are they so enamored with targeted tax breaks?
 
When my grandfather was president of Campbell College I remember his stories of students who paid tuitions with hams, cabbages or produce from their family's farm.
When my grandfather was president of Campbell College I remember his stories of students who paid tuitions with hams, cabbages or produce from their family's farm.
 
The left has been howling about how the new voter reform law will discriminate against minority and young voters. Being a politically active college student myself, I decided to find out how hard it is to register to vote.
The left has been howling about how the new voter reform law will discriminate against minority and young voters. Being a politically active college student myself, I decided to find out how hard it is to register to vote.
 
According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
 
On the corner of South Elm Street and Lee Street on the south side of downtown Greensboro lies a seven-acre empty lot.
On the corner of South Elm Street and Lee Street on the south side of downtown Greensboro lies a seven-acre empty lot.
 
During the Great Recession and its aftermath, few issues in North Carolina politics have been as contentious as fiscal policy. According to a literature survey of recent studies examining the relationship between public policy and economic performance at the state and local level, it is clear...
During the Great Recession and its aftermath, few issues in North Carolina politics have been as contentious as fiscal policy. According to a literature survey of recent studies examining the relationship between public policy and economic performance at the state and local level, it is clear...
 
When politicians admit they don't know something, that makes me respect them more. Admitted ignorance is a sign of maturity, of a willingness to learn. It can be remedied with facts. What really does grave damage is when politicians think they know something and act on it - even when...
When politicians admit they don't know something, that makes me respect them more. Admitted ignorance is a sign of maturity, of a willingness to learn. It can be remedied with facts. What really does grave damage is when politicians think they know something and act on it - even when...
 
The use of sunset laws and periodic review can prove effective in reducing a state's regulatory burden. A bill before the General Assembly, House Bill 74...
The use of sunset laws and periodic review can prove effective in reducing a state's regulatory burden. A bill before the General Assembly, House Bill 74...
 
The local annual tax and fee burden now tops more than $2,000 per person in seven of North Carolina's largest cities. Mooresville ended Charlotte's 11-year run as the...
The local annual tax and fee burden now tops more than $2,000 per person in seven of North Carolina's largest cities. Mooresville ended Charlotte's 11-year run as the...
 
Gov. Pat McCrory hopes to inject market-based solutions into the state's costly Medicaid system, shifting the burden of controlling systemic budget overruns from...
Gov. Pat McCrory hopes to inject market-based solutions into the state's costly Medicaid system, shifting the burden of controlling systemic budget overruns from...
 
In response to four years of massive federal deficits, tax cuts scheduled to expire this month, and lackluster economic growth.
In response to four years of massive federal deficits, tax cuts scheduled to expire this month, and lackluster economic growth.
 
North Carolina residents pay nearly 10 percent of their income in taxes, placing the state squarely among the 20th-most taxed in the nation, said the nonprofit Tax Foundation in its most recent Annual State-Local Tax Burden Ranking (PDF download here).
North Carolina residents pay nearly 10 percent of their income in taxes, placing the state squarely among the 20th-most taxed in the nation, said the nonprofit Tax Foundation in its most recent Annual State-Local Tax Burden Ranking (PDF download here).
 
As Democrats and Republicans in this election year continue to debate the optimal level, type, and distribution of the tax burden, they are paying insufficient attention to what I believe is a greater impediment to economic growth: the rising burden of regulations.
As Democrats and Republicans in this election year continue to debate the optimal level, type, and distribution of the tax burden, they are paying insufficient attention to what I believe is a greater impediment to economic growth: the rising burden of regulations.
 
Taxation is the taking of property and earnings in exchange for governmentally provided goods and services or for redistribution. Legislators may also structure taxes as a policy tool to manipulate constituent actions for or against particular goods or services.
Taxation is the taking of property and earnings in exchange for governmentally provided goods and services or for redistribution. Legislators may also structure taxes as a policy tool to manipulate constituent actions for or against particular goods or services.
 
Did you venture out to purchase school supplies for your aspiring young scholar during our state's tax-free weekend? Or, perhaps your child's school days have long passed and you simply wanted to acquire a new computer without incurring a sales tax.
Did you venture out to purchase school supplies for your aspiring young scholar during our state's tax-free weekend? Or, perhaps your child's school days have long passed and you simply wanted to acquire a new computer without incurring a sales tax.
 
I see that some politicians and government officials are continuing to cite magazine rankings that paint North Carolina's business climate in a favorable light. [Sigh]
I see that some politicians and government officials are continuing to cite magazine rankings that paint North Carolina's business climate in a favorable light. [Sigh]
 
Consider these two facts. First, most net job creation in any modern economy comes from new companies, typically small firms that grow quickly.
Consider these two facts. First, most net job creation in any modern economy comes from new companies, typically small firms that grow quickly.
 
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