North Carolina’s 2013 tax reforms, instead of being a “huge windfall” for the rich as the Left claimed, in fact resulted in high-income households paying a higher share of state ... Keep Reading
tax cuts
A tale of two recessions: Conservative budgeting has NC far better prepared to weather Covid recession compared to Great Recession
North Carolina was far better positioned to weather the fiscal fallout from Gov. Cooper’s lockdown orders than most states This is in sharp contrast to how woefully unprepared ... Keep Reading
Tax Day Reminder: NC tax climate vastly improved over last decade
Instead of the traditional April 15 tax day, 2020’s tax day for North Carolina was moved to today. Due to the economic devastation caused by Gov. Cooper’s economic shutdown, ... Keep Reading
How could critics of NC tax cuts be so wrong?
Critics said NC’s historic tax reforms would cause budget shortfalls and not help the state’s economy They were proven wrong on both counts The state experienced five ... Keep Reading
How Gov. Cooper can put an end to cronyism – if he wants to
For a guy claiming to be against “tax giveaways” to corporations, Gov. Roy Cooper sure seems to be fond of doling out taxpayer dollars to corporations. Indeed, in his remarks ... Keep Reading
Celebrate 2020 with (another) state tax cut
Beginning Jan. 1, 2020, North Carolina taxpayers will receive another bit of relief. Continuing a multi-year trend of lowering the tax burden on working North Carolinians, a ... Keep Reading
N&O swings and misses with tax cut critique
Editors mislead readers with rhetoric on teacher pay and state revenue Figures they cite reveal that NC’s economic performance has actually improved since the tax cuts relative ... Keep Reading
Gov. Cooper, who claims to be against corporate tax breaks, continues to dole out corporate tax breaks
More than two months after Gov. Roy Cooper vetoed the legislatively-approved state budget proposal, he continues to hypocritically hand out targeted tax cuts and subsidies to ... Keep Reading
UNC law professor gets it wrong on taxes (again)
Controversial UNC law professor Gene Nichol is long on name-calling and moralizing, but short on substance, actual compassion and economic knowledge. The latest example is this ... Keep Reading
North Carolina revenue surplus now predicted above $190M
Earlier this year, at least 25 states were projected to face revenue shortfalls as they entered their 2018 legislative sessions. However, according to the General Assembly’s ... Keep Reading
