A new report out by Pew Charitable Trusts examines several factors impacting the fiscal health of states. Among the findings include NC's high ranking in income growth and ... Keep Reading
tax cuts
Major Tax Cuts to Become Law
The Tax Cuts and Jobs Act will reduce income taxes for 80 percent of taxpayers Lowering the corporate tax rate will benefit workers – mostly middle class President Trump is ... Keep Reading
Tax Reform to Be Approved Today?
The House is scheduled to vote on the federal tax reform package today, with a Senate vote expected either later today or tomorrow. The bill is expected to pass largely on party ... Keep Reading
Who Pays Federal Income Taxes?
In the midst of all the discussion of tax reform, an important part of the debate needs to be an examination of who pays federal income taxes. This post from the Mercatus Center at ... Keep Reading
What Cooper Didn’t Tell You In His Anti Tax Cut Article
A couple weeks ago, Gov. Cooper published an article criticizing the results of North Carolina's tax reforms over the last 4 years, as a warning against federal tax change ... Keep Reading
Analysis: Most Retirees to Save Money Under Fed Tax Reform
This analysis by the Heritage Foundation spotlights how the proposed federal tax reform would impact retirees. Retirees may be the most concerned about what tax reform will mean ... Keep Reading
N.C. Economy Thriving but Tax Cuts a Bummer?
A narrative published Sunday in the Washington Post seeks to redefine the belief that North Carolina's tax cuts are the model for Washington. But there is more. The piece attempts ... Keep Reading
No, Tax Reform Will Not “Raise Taxes” on the Poor
National Review clears up a myth about the federal tax reform proposal being debated on Capitol Hill - namely that poor Americans would face a major tax hike under the plan. This ... 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
Overview of State Budget Proposal
Budget Plan Includes Tax Cuts for 2019, Raises for Teachers, Other State Employees and Retirees Representatives from the North Carolina House and Senate released their ... Keep Reading
