State spending per capita has quadrupled since 1970, even after accounting for inflation Pension liability suffers from a “false impression of solvency” and is likely ten times ... Keep Reading
Academic Study: NC’s Spending Growth “Unsustainable”; Pension Liability Far Larger Than Reported
A new study released by the Mercatus Center at George Mason University takes a close look at financial health of North Carolina state government. Among the findings: Real ... Keep Reading
Tax Foundation to NC Legislators: Expand Sales Tax Base, Eliminate Tax on Capital Stock
From the N&O: Legislators heard a call Tuesday to further expand sales taxes and eliminate the capital stock tax – a conservative think tank’s proposal for continuing the ... Keep Reading
NC’s Unemployment Insurance Reforms Paying Off Big In 2016
This article originally appeared in Forbes.com Unemployment insurance (UI) reform in North Carolina continues to be the gift that keeps on giving. The 2013 UI reform, made ... Keep Reading
Next Bubble to Burst: Auto Loans?
That's the question examined by this article published by the Mises Institute. The article draws comparisons to the housing bubble that burst around 2008, triggering the Great ... Keep Reading
Crony Gov’t Handouts a “Stick in the Eye”
This according to state Senator Andy Wells (R-Catawba). From the N&O A state senator from Hickory is denouncing as a political “poke in the eye with a stick” a promise of ... Keep Reading
NC Job Growth Beating National Average Since 2013 Tax Reform
Progressive critics of North Carolina’s historic 2013 tax reforms are quick to seize on topline unemployment rate figures in an attempt to discredit the rate cuts. But a closer ... Keep Reading
New Study Shows ‘Free’ Federal Funds Actually Quite Expensive
There’s no such thing as a “free” lunch. Similarly, funds from the Federal government are not “free” either. Strings attached such as matching requirements and maintenance of ... Keep Reading
See What the Tax Foundation is Saying About North Carolina
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 ... Keep Reading
NC Business Incentives Just A Cottage Crony Industry
In the face of defeat, claim victory anyway. That’s what state bureaucrats in charge of meddling with North Carolina’s economy are doing in light of a recent report that suggests ... Keep Reading