Opinion? 190 Vote(s) |
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Research shows millions of dollars in eligible credits go unclaimed each year
Published: Monday, January 30th, 2023 @ 10:11 am
By: Governor's Office
Search Terms: governor roy cooper encourage eligible claim earned income tax credit eitc federal taxes |
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The above question was posed recently by Cato Institute fiscal policy expert Chris Edwards.
Published: Wednesday, October 19th, 2022 @ 10:37 pm
By: John Locke Foundation
Search Terms: daily wire states income tax taxes cato institute chris edwards |
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Small businesses across the country are in danger due to Democrats’ Net Investment Income Tax (NIIT) proposal. With this legislation, 66 percent of small businesses in North Carolina are in at risk of taking the blow from Joe Biden’s tax hike – that’s over 2.2 million jobs on the line.
Published: Thursday, July 21st, 2022 @ 10:30 am
By: Stan Deatherage
Search Terms: rnc republican small businesses democrate net investment income tax taxes |
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The Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.
Published: Friday, February 25th, 2022 @ 3:19 am
By: Carolina Journal
Search Terms: carolina journal cj vids mitch kokai john locke foundation income tax taxes |
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Families should visit ChildTaxCredit.gov for tools, help filing
Published: Wednesday, February 9th, 2022 @ 7:56 am
By: Governor's Office
Search Terms: governor roy cooper family children taxes federal income taxes benefits child tax credit |
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The Left insists government is better poised than you to spend more of your hard-earned money.
Published: Friday, January 14th, 2022 @ 9:13 am
By: John Locke Foundation
Search Terms: john locke john locke foundation government corporate income tax revenue |
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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.
Published: Thursday, June 24th, 2021 @ 12:19 am
By: Stan Deatherage
Search Terms: house republicans new bill state income tax military retirement june 17 2021 |
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The N.C. House passed a bill by a vote of 100-5 on Wednesday to exempt military retirement pay from state income taxes.
Published: Wednesday, June 23rd, 2021 @ 8:32 am
By: Carolina Journal
Search Terms: carolina journal military retirement pay income taxes june 17 2021 |
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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.
Published: Wednesday, June 2nd, 2021 @ 8:15 am
By: Carolina Journal
Search Terms: carolina journal tax cuts income taxes senate republicans may 27 2021 |
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Every North Carolinian who pays personal income tax would see a lower rate, under a proposal from legislative Republicans.
Published: Tuesday, April 13th, 2021 @ 1:27 pm
By: Carolina Journal
Search Terms: carolina journal senate tax cut lower-income families lower rate personal income tax april 8 2021 |
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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.
Published: Sunday, April 4th, 2021 @ 11:45 pm
By: Stan Deatherage
Search Terms: general assembly state income tax military retirement pay house committee april 1 2021 |
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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.
Published: Monday, September 14th, 2020 @ 4:38 pm
By: John Locke Foundation
Search Terms: john locke foundation revenue report income taxes september 10 2020 |
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The N&O this weekend published an editorial declaring that North Carolina’s corporate income tax cuts are “not working.”
Published: Wednesday, November 20th, 2019 @ 4:31 am
By: Civitas Insitute
Search Terms: civitas news & observer tax cut critique corporate income tax november 19 2019 |
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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
Published: Wednesday, January 2nd, 2019 @ 12:48 am
By: John Locke Foundation
Search Terms: state budget north carolina income tax sales tax fiscal health |
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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
Published: Friday, December 28th, 2018 @ 7:52 am
By: Civitas Insitute
Search Terms: corporate income tax north carolina amazon corporate handouts |
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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
Published: Saturday, October 27th, 2018 @ 1:25 am
By: Civitas Insitute
Search Terms: constitutional amendment income tax cap north carolina |
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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?
Published: Thursday, October 25th, 2018 @ 9:19 am
By: John Locke Foundation
Search Terms: income tax amendment constitutional amendment north carolina income tax |
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Tax reform is always a work in progress as legislators seek to raise revenue for the government without impeding the economy
Published: Tuesday, October 9th, 2018 @ 4:44 pm
By: John Locke Foundation
Search Terms: tax reform corporate tax income tax tax policy north carolina |
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A childless married couple with $1 million in income stands to save $2,577 on its N.C. income tax bill thanks to changes that will take effect in 2019.
Published: Thursday, September 27th, 2018 @ 2:27 am
By: John Locke Foundation
Search Terms: tax cuts income tax north carolina state income tax |
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This November, North Carolina voters will decide on a constitutional amendment to lower the state's income tax cap from 10 percent to 7 percent
Published: Thursday, September 27th, 2018 @ 2:04 am
By: Civitas Insitute
Search Terms: income tax cap georgia north carolina constitutional amendment |
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Environmental concerns are real and warranted, particularly when it comes to public health
Published: Wednesday, August 29th, 2018 @ 1:28 pm
By: John Locke Foundation
Search Terms: genx chemours privacy rights opioids income tax constitutional amendment |
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It's wrong to suggest a proposed state constitutional amendment would block North Carolina from adopting a system of graduated tax rates
Published: Monday, August 27th, 2018 @ 2:00 pm
By: John Locke Foundation
Search Terms: flat tax income tax north carolina constitutional amendment tax rates |
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If there's a universe in which lowering the cap on North Carolina's income tax rate amounts to a "tax cut only for the wealthy," our universe's rules of mathematics - and language - must not apply
Published: Thursday, August 23rd, 2018 @ 11:25 pm
By: John Locke Foundation
Search Terms: constitutional amendment tax hikes north carolina income tax |
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Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of the country on economy, population, and jobs
Published: Monday, August 20th, 2018 @ 12:27 pm
By: John Locke Foundation
Search Terms: economic growth taxes north carolina sales tax income tax |
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I'd have structured it a bit differently and combined it with budget cuts. But even as is, the federal tax reform enacted by Congress and signed by President Trump will enhance economic growth for the nation as a whole, and for North Carolina in particular
Published: Tuesday, August 14th, 2018 @ 3:56 pm
By: John Locke Foundation
Search Terms: state economy tax reform income tax north carolina |
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The Republican-led General Assembly seemed poised to cut the top income-tax rate the state can charge, but the House and Senate can't agree on what that rate should be
Published: Friday, July 13th, 2018 @ 11:49 pm
By: John Locke Foundation
Search Terms: income tax cap constitutional amendment general assembly senate bill 75 |
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Voters will decide this fall whether North Carolina taxpayers should receive protection in the state constitution against the state taxing more than 7 percent of their personal income
Published: Thursday, July 12th, 2018 @ 1:21 pm
By: John Locke Foundation
Search Terms: income tax cap midterm election constitutional amendment |
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A bill that would change the state constitution to lower the cap on the income tax rate is scheduled for consideration by the House Rules committee today
Published: Friday, July 6th, 2018 @ 12:21 am
By: Civitas Insitute
Search Terms: tax cap amendment income tax senate bill 75 |
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SurveyUSA, along with the Civitas Institute, a nonprofit conservative public policy organization, released findings from a flash poll showing a majority of voters support several constitutional amendments proposed this year
Published: Monday, June 25th, 2018 @ 11:19 am
By: John Locke Foundation
Search Terms: constitutional amendments voter id law income tax state budget cap right to work |
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North Carolina's corporate income tax currently stands at 3 percent, and it is scheduled to be reduced to 2.5 percent in January
Published: Wednesday, June 20th, 2018 @ 10:45 am
By: John Locke Foundation
Search Terms: corporate tax rate north carolina 401k individual retirement account income tax |
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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
Published: Wednesday, June 20th, 2018 @ 10:09 am
By: John Locke Foundation
Search Terms: governor cooper income tax general assembly north carolina |
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Gov. Roy Cooper vetoed the $23.9 billion General Fund budget for 2018-19, warning Republicans that voters in November’s general election will reject GOP candidates and their policies
Published: Wednesday, June 20th, 2018 @ 8:59 am
By: John Locke Foundation
Search Terms: general fund state budget teacher pay income tax tax breaks general assembly |
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What is a tax increase? Sounds like a simple question. But when politics intrudes, simple becomes complicated - or even convoluted
Published: Saturday, May 19th, 2018 @ 10:47 pm
By: John Locke Foundation
Search Terms: state budget tax increase state spending taxes income tax |
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Gov. Roy Cooper unveiled a $24.5 billion state General Fund budget for 2018-19 that freezes scheduled drops in corporate and some personal income tax rates
Published: Monday, May 14th, 2018 @ 9:19 am
By: John Locke Foundation
Search Terms: general fund governor cooper state budget tax cuts income tax north carolina |
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When it comes to debates over tax reform or tax cuts (rarely for tax increases), it is quite typical for questions of fairness and justice to be part of the conversation
Published: Wednesday, May 2nd, 2018 @ 12:41 am
By: John Locke Foundation
Search Terms: taxation income tax state constitution north carolina |
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North Carolina was seventh-best among states for its economic outlook, says the 2018 edition of the American Legislative Exchange Council’s Rich States, Poor States
Published: Thursday, April 26th, 2018 @ 1:18 pm
By: John Locke Foundation
Search Terms: economic outlook north carolina economics income tax |