An academic paper released this week by the Cato Institute examines the impact of state corporate taxes on retail prices. The findings? We find an elasticity of retail price to ... Keep Reading
corporate taxes
Is North Carolina Renting Honeywell?
There was a good deal of fanfare last week as the North Carolina General Assembly passed Senate Bill 820 - High-Pay JDIG Job Cap Modification – which was quickly followed by the ... Keep Reading
MYTHS and FACTS about the Corporate Income Tax and Why the Rate Should Be Zero!
This commentary was originally published by Paul Stam on January 24 at http://paulstam.info/myths-and-facts-about-the-corporate-income-tax/ January 2018 Paul ... Keep Reading
House GOP Tax Reform Encourages Growth While Simplifying the Code
House Republicans today unveiled its tax reform plan, touted as perhaps the most significant tax reform since the 1986 Tax Reform Act. The plan includes several significant ... Keep Reading
New Year Brings More Tax Cuts
Several new tax cuts went into effect on Jan. 1, making North Carolina even more competitive for jobs and investment. The corporate tax rate is dropping in North Carolina, ... Keep Reading
Comparing the Senate and House Econ Incentive Bills
Some tension is mounting between the NC Senate and Gov. McCrory's office over differences between their competing economic development plans. McCrory's plan was largely captured by ... Keep Reading
State House Offers Corporate Tax Relief That Differs From Senate Plan
A week ago, I outlined the most significant pieces of tax reform legislation coming from the state Senate. The pattern from the Senate appears to be to introduce "placeholder" ... Keep Reading
New Legislation Provides More Tax Reform Details
Two more bills filed yesterday help to inform us where tax reform may be headed in North Carolina. The Wilmington Star-News has a summary: The legislation filed Tuesday would ... Keep Reading
NC’s Corporate Tax: An Obstacle to Jobs, Investment and Higher Wages
Per the News & Observer, Gov. Perdue and state Commerce Secretary Keith Crisco are visiting Japan - with Crisco also planning a two-day swing to China - in order to recruit ... Keep Reading