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The eye-popping potential top marginal tax rates on taxpayers under Joe Biden’s tax plan in states like New York recently made national headlines.
The eye-popping potential top marginal tax rates on taxpayers under Joe Biden’s tax plan in states like New York recently made national headlines.
 
It's wrong to suggest a proposed state constitutional amendment would block North Carolina from adopting a system of graduated tax rates
It's wrong to suggest a proposed state constitutional amendment would block North Carolina from adopting a system of graduated tax rates
 
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
 
North Carolina, among many other states, are in a tizzy trying to land the reported “second headquarters” of Amazon
North Carolina, among many other states, are in a tizzy trying to land the reported “second headquarters” of Amazon
 
Every few days, I see another story. They're always the same
Every few days, I see another story. They're always the same
 
Stark differences in conservative Republican and liberal Democratic fiscal priorities were clearly on display during a Senate Finance Committee meeting Wednesday at which a $1 billion tax cut package was approved by voice vote
Stark differences in conservative Republican and liberal Democratic fiscal priorities were clearly on display during a Senate Finance Committee meeting Wednesday at which a $1 billion tax cut package was approved by voice vote
 
Civitas Action has released its annual Conservative Effectiveness Rankings of North Carolina state lawmakers for 2016.
Civitas Action has released its annual Conservative Effectiveness Rankings of North Carolina state lawmakers for 2016.
 
Existing businesses in North Carolina are taxed at rates below the national average, and new firms generally benefit from tax rates beneath national norms, making the Tar Heel State an attractive place to do business, a new study concluded.
Existing businesses in North Carolina are taxed at rates below the national average, and new firms generally benefit from tax rates beneath national norms, making the Tar Heel State an attractive place to do business, a new study concluded.
 
The North Carolina Senate has approved a Taxpayer Protection Act by the required three-fifths vote. The measure approves amending the North Carolina Constitution to place caps on income-tax rates and spending growth while requiring lawmakers to set aside money in a rainy-day fund to guard against...
The North Carolina Senate has approved a Taxpayer Protection Act by the required three-fifths vote. The measure approves amending the North Carolina Constitution to place caps on income-tax rates and spending growth while requiring lawmakers to set aside money in a rainy-day fund to guard against...
 
Last week I reported that, based on this quote, the actions of the Governor and many state legislators in pushing new corporate welfare schemes were at odds with the Republican Party Platform. I was wrong. Shortly after my newsletter went out, I received an email telling me that, in the latest...

My Bad

 
Last week I reported that, based on this quote, the actions of the Governor and many state legislators in pushing new corporate welfare schemes were at odds with the Republican Party Platform. I was wrong. Shortly after my newsletter went out, I received an email telling me that, in the latest...
 
If you’ve ever made a bad deal you understand how people in the 51 North Carolina public power communities feel.
If you’ve ever made a bad deal you understand how people in the 51 North Carolina public power communities feel.
 
Tax reform goes into effect in 2014, lowering tax rates for every individual and corporation in the state. Regular review and routine repeal of burdensome regulations will begin to loosen government's grip on businesses, signaling that North Carolina is again open for business and welcomes entrepren
Tax reform goes into effect in 2014, lowering tax rates for every individual and corporation in the state. Regular review and routine repeal of burdensome regulations will begin to loosen government's grip on businesses, signaling that North Carolina is again open for business and welcomes entrepren
 
For decades North Carolina's tax system has needed a major overhaul. A model of hodgepodge tax policy, it has featured high rates for most taxpayers and special exemptions for the few. It has penalized economic growth and discouraged job creation.
For decades North Carolina's tax system has needed a major overhaul. A model of hodgepodge tax policy, it has featured high rates for most taxpayers and special exemptions for the few. It has penalized economic growth and discouraged job creation.
 
Last week, I assessed the tax reform plan offered by Senate leader Phil Berger and his colleagues. While crediting the Senate plan for setting the proper goals...
Last week, I assessed the tax reform plan offered by Senate leader Phil Berger and his colleagues. While crediting the Senate plan for setting the proper goals...
 
Senate leaders used a Tuesday press conference to announce their long-awaited tax proposal, a proposal that would lower personal and corporate income tax...
Senate leaders used a Tuesday press conference to announce their long-awaited tax proposal, a proposal that would lower personal and corporate income tax...
 
Dr. Arthur Laffer, former economic advisor to President Reagan and commonly referred to as the father of supply-side economics sits down with Civitas to discuss how cuts in tax rates bring prosperity.
Dr. Arthur Laffer, former economic advisor to President Reagan and commonly referred to as the father of supply-side economics sits down with Civitas to discuss how cuts in tax rates bring prosperity.
 
Whether the setting is Raleigh or Washington, the tax reform debate will inevitably come down to one Big Question: Are you willing to trade current tax preferences for lower marginal tax rates?
Whether the setting is Raleigh or Washington, the tax reform debate will inevitably come down to one Big Question: Are you willing to trade current tax preferences for lower marginal tax rates?
 
Low-information America and its enablers in the mainstream media are in a snit over Phil Mickelson's complaint about the amount of taxes he is being forced to pay as a U.S. citizen and a native-born resident of California.
Low-information America and its enablers in the mainstream media are in a snit over Phil Mickelson's complaint about the amount of taxes he is being forced to pay as a U.S. citizen and a native-born resident of California.
 
The world is full of imponderables. We have been treated over the last year or so to a seemingly unending diatribe about the need for the wealthy to pay their fair share of taxes (whatever that is).
The world is full of imponderables. We have been treated over the last year or so to a seemingly unending diatribe about the need for the wealthy to pay their fair share of taxes (whatever that is).
 
Politicians in Raleigh and DC, aided and abetted by our oft-clueless media, are railing about how the only way to fix our economic mess is to get the 'guv-mint' MO' revenue.
Politicians in Raleigh and DC, aided and abetted by our oft-clueless media, are railing about how the only way to fix our economic mess is to get the 'guv-mint' MO' revenue.
 
Don't count me among those who think President Obama and Congress will spend the next month locked in a death struggle over marginal income tax rates.
Don't count me among those who think President Obama and Congress will spend the next month locked in a death struggle over marginal income tax rates.
 
While the national Democratic ticket is enjoying a modest lift in the polls after the convention in Charlotte, the party's gubernatorial nominee, Walter Dalton, remains significantly behind Republican Pat McCrory.
While the national Democratic ticket is enjoying a modest lift in the polls after the convention in Charlotte, the party's gubernatorial nominee, Walter Dalton, remains significantly behind Republican Pat McCrory.
 
North Carolina taxpayers could be out almost $9 billion if the Bush-era tax rates and a patch for the Alternative Minimum Tax aren't extended, a report by the Tax Foundation says. Nationwide, the total tax relief is estimated to be $403 billion, or about 2.7 percent of the economy.
North Carolina taxpayers could be out almost $9 billion if the Bush-era tax rates and a patch for the Alternative Minimum Tax aren't extended, a report by the Tax Foundation says. Nationwide, the total tax relief is estimated to be $403 billion, or about 2.7 percent of the economy.
 
I don't understand all the fuss about the proposed Buffet Rule. I think it should be the guiding principle for government at all levels.
I don't understand all the fuss about the proposed Buffet Rule. I think it should be the guiding principle for government at all levels.
 
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