Bloomberg has an interesting piece on blue states going after taxes of fleeing wealthy residents who move on to states with no or low-income taxes. This is nothing new, of course. ... Keep Reading
income tax
North Carolina Voters Approve Tax Cap Amendment
North Carolina taxpayers received some good news yesterday. With 98 of 100 counties reporting, North Carolinians approved a constitutional amendment to reduce the maximum ... Keep Reading
The Most Misleading Thing in the N&O’s Latest Tax Cap Opposition
Recently, the N&O published an editorial opposing the measure to lower the state's constitutional cap on income taxes from the current 10% to 7%. There is much to criticize, ... Keep Reading
More Faulty Tax Cap Arguments from Big Government Promoters
The N&O published an oped by Richard Nordan, a Raleigh attorney and CPA, opposing the tax cap amendment slated to be on ballots next month. Big government apologists must be ... Keep Reading
Lessons from Small Business Owners
In the most recent quarterly Gallup Polling Small Business Index survey results, optimism among small business owners was at an all-time high. Although it is a national poll, North ... Keep Reading
FLASH POLL: Voters Support Voter ID, Income Tax Caps, & More
RALEIGH, N.C. – Civitas Poll has just released voter approval of five potential constitutional amendments. Covering a wide array of issues, voters were asked if they supported or ... Keep Reading
Musings for Tax Day
It seems to me not enough people complain about taxes, especially at the federal level. I've always liked these words from Samuel Johnson, the great 18th century English ... 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
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
Bad Bill of the Week: ‘Soak the Rich,’ Drown the Poor
North Carolina’s historic 2013 tax reform drastically improved our state’s tax climate, making the Tar Heel State far more competitive for job and investment growth. The Tax ... Keep Reading