The Tax Foundation, a national tax policy analysis organization, has moved North Carolina up to #10 in the 2021 edition of its annual State Business Tax Climate Index. The Tar ... Keep Reading
Tax Foundation
North Carolina’s transition to a low-tax state
Under Democratic leadership, North Carolina imposed higher tax rates than its neighbors Today, we compete with our neighbors for having the lowest rates North Carolina used ... Keep Reading
Mecklenburg vote emblematic of larger nationwide anti-tax voter sentiment
Mecklenburg County voters on Tuesday rejected a local quarter cent sales tax hike sold as a way to raise funds for area art projects and parks. The tax was projected to cost ... Keep Reading
NC Slips a Few Spots, But Still Ranks a Strong 15th in Latest Business Tax Climate Index
The Tax Foundation, a Washington D.C. based research group, just released their 2020 State Business Tax Climate Index. In spite of modest decreases in the personal and corporate ... Keep Reading
Franchise Tax Reduction and Elimination Would Boost NC’s Economic Climate
North Carolina legislators have introduced a bill to provide more tax relief for NC workers and businesses. Senate Bill 622, The Tax Reduction Act of 2019, would reduce the ... Keep Reading
Time to Ditch the State Corporate Tax?
The Tax Foundation yesterday posted data on state corporate income taxes paid per capita. North Carolina finished 31st highest, with $105 in corporate tax collections per ... Keep Reading
NC Tax Climate Ranks Best Among Neighbors, 11th Nationally in New Ranking
The Tax Foundation has just released its 2018 State Business Tax Climate Index, and North Carolina holds on to the number 11 position. NC ranks best among all our neighboring ... Keep Reading
NC Holds on to 11th Best Business Tax Climate
The Tax Foundation today released its annual Business Tax Climate Index for 2017. North Carolina was on the verge of cracking the top ten - remaining in the 11th spot. The new ... 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
