At 2.5 percent, North Carolina has the lowest corporate tax rate of any state, among states that impose one. It not only produces a tiny fraction of state revenue but represents ... Keep Reading
job growth
N&O Article Tries to Deny NC’s Economic Growth, Fails Miserably
Tuesday’s edition of the Raleigh News & Observer included a fact-free editorial by a staffer of the George Soros-funded Budget & Tax Center – a project of the NC Justice ... Keep Reading
NC’s Economy Continues Its Hot Streak
North Carolina's economy has experienced ten consecutive quarters of per capita income growth equal to or greater than the national average, the best stretch in 20 years Even ... 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
High, Progressive State Income Taxes Chasing Job Creators Away
A couple of items published in the last few days provide still more evidence that high income taxes hurt state economic growth. This article from the New York Post includes ... Keep Reading
NC’s Job Growth Continues to Lag Behind National, and Regional Trends
In contrast to Gov. Perdue's repeated touting of North Carolina's stellar business climate, a new report is out showing that North Carolina ranked a disappointing 37th in job ... Keep Reading
“Sharing the pain” far from reality.
The Rockefeller Institute in New York is reporting that overall state government employment is 2 percent below its level at the start of the recession, while private employment is ... Keep Reading
Ranking North Carolina’s 21st Century Job Growth
I've written a bit about North Carolina's private sector and state government job trends recently, and the numbers don't look pretty. But how does NC stack up against the rest of ... Keep Reading