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
tax cuts
North Carolina’s Unknown Tax Cut Bonanza
In 2013, North Carolina’s unemployment insurance (UI) program was in terrible shape. Like most states, North Carolina borrowed funds from the federal government to cover increased ... Keep Reading
Budget Plan Would Cut Taxes for Most
The state Senate leadership's budget plan is coming into clearer focus, and it's important to realize that its passage would mean the great majority of NC taxpayers will be able to ... Keep Reading
Senate Rolls out Tax Cut Plan
The NC Senate yesterday afternoon introduced a measure to cut income taxes while modestly expanding the sales tax base. On net the changes would result in a $1.9 billion tax cut ... Keep Reading
Why Tax Cuts Are Working in NC
Economist Stephen Moore of the Heritage Foundation has a piece in today's Wall Street Journal that reminds us of why fiscal reforms in our state have worked and are still ... Keep Reading
NC Tax Reform 2013: Mission Accomplished or a First Step?
The N.C. House and Senate are expected to give final approval today to tax reform legislation. From there, it will go to Gov. McCrory for his approval and then it will become ... Keep Reading
The Faulty Notion of Equating Taxes and Unemployment Benefits
This AP article discusses some tax cuts and government benefit programs that may be coming to an end - see if you detect the economic fallacy: A tax cut that reaches 160 million ... Keep Reading
Senate Budget Summary
For those interested in more details regarding the recently released Senate Budget proposal, visit www.nccivitas.org to see the Civitas Institute's summary. For a direct link to ... Keep Reading
Do Politicians Deserve to Control More of Our “Limited Resources”?
Earlier this week, I blogged about the "cost" of tax cuts, and mentioned that such terminology reveals a mindset among collectivists and the ruling class that all income is ... Keep Reading
How Much Does a Tax Cut “Cost”?
Today's N&O features this ridiculous oped article (originally published by the Washington Post) about how "we can't afford" to extend the Bush-era tax cuts. The underlying ... Keep Reading