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With dozens of veterans looking on in the House Gallery, the North Carolina House of Representatives voted 100-5 on Wednesday to approve bipartisan legislation to eliminate the state income tax on military retirement pay.
With dozens of veterans looking on in the House Gallery, the North Carolina House of Representatives voted 100-5 on Wednesday to approve bipartisan legislation to eliminate the state income tax on military retirement pay.
 
The N.C. House passed a bill by a vote of 100-5 on Wednesday to exempt military retirement pay from state income taxes.
The N.C. House passed a bill by a vote of 100-5 on Wednesday to exempt military retirement pay from state income taxes.
 
Personal income tax rates would be slashed and the corporate tax rate entirely eliminated by 2028 under a proposal rolled out on Tuesday, May 25, by N.C. Senate Republicans.
Personal income tax rates would be slashed and the corporate tax rate entirely eliminated by 2028 under a proposal rolled out on Tuesday, May 25, by N.C. Senate Republicans.
 
Gov. Roy Cooper’s Department of Revenue did not do enough to get “Extra Credit” grants to low-income families eligible for them, a new audit finds.
Gov. Roy Cooper’s Department of Revenue did not do enough to get “Extra Credit” grants to low-income families eligible for them, a new audit finds.
 
Families at the lower end of the income scale could end up among the biggest winners if lawmakers adopt the N.C. Senate’s latest tax package.
Families at the lower end of the income scale could end up among the biggest winners if lawmakers adopt the N.C. Senate’s latest tax package.
 
Every North Carolinian who pays personal income tax would see a lower rate, under a proposal from legislative Republicans.
Every North Carolinian who pays personal income tax would see a lower rate, under a proposal from legislative Republicans.
 
Today, the House Finance Committee gave a favorable report to bipartisan legislation (House Bill 83) that will eliminate the state income tax on military retirement pay.
Today, the House Finance Committee gave a favorable report to bipartisan legislation (House Bill 83) that will eliminate the state income tax on military retirement pay.
 
The San Francisco Chronicle detailed a report in late January displaying how minority children and those from low-income families have been academically harmed by the pandemic more than wealthier, white students.
The San Francisco Chronicle detailed a report in late January displaying how minority children and those from low-income families have been academically harmed by the pandemic more than wealthier, white students.
 
Applying for these programs online is easy and convenient, as well as safe and helps people socially distance.
Applying for these programs online is easy and convenient, as well as safe and helps people socially distance.
 
The full picture for 2019 income taxes is now available, but it does not provide much clarity about the revenue picture for the rest of FY2020-21.
The full picture for 2019 income taxes is now available, but it does not provide much clarity about the revenue picture for the rest of FY2020-21.
 
Statement from Lt. Governor Forest on the Cooper Administration proposing to defund the Opportunity Scholarship program for low-income families:
Statement from Lt. Governor Forest on the Cooper Administration proposing to defund the Opportunity Scholarship program for low-income families:
 
On Tuesday, August 11, 2020, a column written by John Locke Foundation CEO Amy O. Cooke appeared in the Bladen Journal.
On Tuesday, August 11, 2020, a column written by John Locke Foundation CEO Amy O. Cooke appeared in the Bladen Journal.
 
hese figures are a strong indication of how North Carolina’s robust economy has attracted workers seeking opportunity.
hese figures are a strong indication of how North Carolina’s robust economy has attracted workers seeking opportunity.
 
Without revenue from the NCAA Final Four tournament and other sources of income, it is clear that the intercollegiate athletics industry faces difficult choices from the consequences of the coronavirus.
Without revenue from the NCAA Final Four tournament and other sources of income, it is clear that the intercollegiate athletics industry faces difficult choices from the consequences of the coronavirus.
 
North Carolina’s poor school districts are getting shortchanged on funding.
North Carolina’s poor school districts are getting shortchanged on funding.
 
Over at PoliticsNC.com, former political consultant Thomas Mills re-runs the old trope about how low-income North Carolinians pay a higher share of their income in taxes relative to high-income earners.
Over at PoliticsNC.com, former political consultant Thomas Mills re-runs the old trope about how low-income North Carolinians pay a higher share of their income in taxes relative to high-income earners.
 
Over at PoliticsNC.com, former political consultant Thomas Mills re-runs the old trope about how low-income North Carolinians pay a higher share of their income in taxes relative to high-income earners.
Over at PoliticsNC.com, former political consultant Thomas Mills re-runs the old trope about how low-income North Carolinians pay a higher share of their income in taxes relative to high-income earners.
 
The University of North Carolina system boasts a diverse set of institutions.
 
Presenting data without appropriate interpretation or context can lead to faulty conclusions, and ultimately policies that make worse the problem you presumably want to solve.
Presenting data without appropriate interpretation or context can lead to faulty conclusions, and ultimately policies that make worse the problem you presumably want to solve.
 
A new report out by Pew Research shows that 94 of 100 North Carolina counties saw their per capita incomes grow between 2016 and 2018 (adjusted for inflation).
A new report out by Pew Research shows that 94 of 100 North Carolina counties saw their per capita incomes grow between 2016 and 2018 (adjusted for inflation).
 
The North Carolina Department of Health and Human Services will begin accepting applications through county social services departments for the state's Low-Income Energy Assistance Program on Monday, Dec. 2, 2019.
The North Carolina Department of Health and Human Services will begin accepting applications through county social services departments for the state's Low-Income Energy Assistance Program on Monday, Dec. 2, 2019.
 
NC’s rate of 3.4% is higher than the national 3.2% average, clocking in at 16th highest in the country.
NC’s rate of 3.4% is higher than the national 3.2% average, clocking in at 16th highest in the country.
 
The N&O this weekend published an editorial declaring that North Carolina’s corporate income tax cuts are “not working.”
The N&O this weekend published an editorial declaring that North Carolina’s corporate income tax cuts are “not working.”
 
So far this decade, North Carolina’s economy — as measured by inflation-adjusted gross domestic product — has expanded by an average of 1.7 percent a year. That’s a bit faster than the Southeastern average but slower than the national one.
So far this decade, North Carolina’s economy — as measured by inflation-adjusted gross domestic product — has expanded by an average of 1.7 percent a year. That’s a bit faster than the Southeastern average but slower than the national one.
 
With a headline unemployment rate of 4 percent and a healthy 2.8 percent jump in inflation-adjusted median household income last year, North Carolinians are better off economically than they have been in many years.
With a headline unemployment rate of 4 percent and a healthy 2.8 percent jump in inflation-adjusted median household income last year, North Carolinians are better off economically than they have been in many years.
 
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.
 
The project started in 2017 at the state’s aquariums as a joint initiative between the North Carolina Departments of Natural and Cultural Resources and Health and Human Services and was inspired by the national Museums for All program.
The project started in 2017 at the state’s aquariums as a joint initiative between the North Carolina Departments of Natural and Cultural Resources and Health and Human Services and was inspired by the national Museums for All program.
 
Today, U.S. Senators introduced bipartisan legislation that would provide free, accessible legal assistance for seniors who need help reporting abuse and neglect, threats to income security, difficulty accessing and affording health care and other violations
Today, U.S. Senators introduced bipartisan legislation that would provide free, accessible legal assistance for seniors who need help reporting abuse and neglect, threats to income security, difficulty accessing and affording health care and other violations
 
The North Carolina Division of Social Services is seeking public comment on the proposed Low-Income Home Energy Assistance Program waiver.
The North Carolina Division of Social Services is seeking public comment on the proposed Low-Income Home Energy Assistance Program waiver.
 
North Carolinians struggling to pay heating costs have until March 29 to apply for help
North Carolinians struggling to pay heating costs have until March 29 to apply for help
 
College is expensive. Even in today's deeply divided political climate, all Americans seem to agree on that
 
Given the legislative logjams created by a divided federal government, it's safe to say that the chances of major health care reform in Congress are very low.
Given the legislative logjams created by a divided federal government, it's safe to say that the chances of major health care reform in Congress are very low.
 
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.
 
State budget writers have more challenges than normal as they prepare for the next biennium. First, there are economic headwinds from tariff and trade wars and a broader concern about when the next recession will arrive
State budget writers have more challenges than normal as they prepare for the next biennium. First, there are economic headwinds from tariff and trade wars and a broader concern about when the next recession will arrive
 
States and municipalities courting of large corporations such as Amazon and Apple has brought the folly of economic development tax incentives into the public awareness
States and municipalities courting of large corporations such as Amazon and Apple has brought the folly of economic development tax incentives into the public awareness
 
Now that Democrats have erased the GOP's veto-proof majorities for the 2019 legislative session, Republican lawmakers could try to rush initiatives through a lame duck legislative session scheduled for Nov. 27, a top political observer says
Now that Democrats have erased the GOP's veto-proof majorities for the 2019 legislative session, Republican lawmakers could try to rush initiatives through a lame duck legislative session scheduled for Nov. 27, a top political observer says
 
More North Carolina voters support than oppose a constitutional amendment reducing the state’s income tax to a maximum allowable rate of 7 percent, the latest Civitas Institute poll finds
More North Carolina voters support than oppose a constitutional amendment reducing the state’s income tax to a maximum allowable rate of 7 percent, the latest Civitas Institute poll finds
 
If your taxable income is greater than $60,000, then you are at least a bit better off than the average North Carolinian. But does that make you wealthy?
If your taxable income is greater than $60,000, then you are at least a bit better off than the average North Carolinian. But does that make you wealthy?
 
Rob Christensen, the venerable political reporter for the News & Observer, offers a future vision of North Carolina as Illinois, with out-of-control spending leading to failing government and bad credit
Rob Christensen, the venerable political reporter for the News & Observer, offers a future vision of North Carolina as Illinois, with out-of-control spending leading to failing government and bad credit
 
Legislators and policy advocates debated Tuesday in Gastonia over a proposed constitutional amendment which would lower the cap on state income tax rates from 10 to 7 percent
Legislators and policy advocates debated Tuesday in Gastonia over a proposed constitutional amendment which would lower the cap on state income tax rates from 10 to 7 percent
 
Walmart has low prices for all kinds of products, from clothing to shoes to groceries and almost everything in between
Walmart has low prices for all kinds of products, from clothing to shoes to groceries and almost everything in between
 
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