Remember back to October 2008 when then-candidate Bev Perdue declared "I don't believe you can raise taxes in an economy with folks struggling the way they are”? Of course, we all ... Keep Reading
taxes
County Commissioners Desire More “Control” Over Their Subjects
According to this report, the North Carolina Association of County Commissioners recently discussed asking the state legislature for authority to raise county taxes without first ... Keep Reading
Budget Crisis Presents New GOP Majority with Opportunity
According to a report by the National Conference of State Legislatures, North Carolina is on pace to have, by percentage, the third largest budget deficit in the country. Behind ... Keep Reading
Tax Reform Not on Menu for New State Leadership
An article in today's Greensboro News & Recordsuggests that the new GOP leadership in North Carolina's General Assembly doesn't think now is the right time to tackle any ... Keep Reading
How Are Jobs Created?
Politicians of all stripes promise us to trust them to create jobs. Indeed, Gov. Perdue has attempted to claim the mantle of "jobs governor," and continues to insist that job ... Keep Reading
N.C. Among Ten Worst Business Tax Climates
The Tax Foundation today released its FY 2011 State Business Tax Climate Index. North Carolina drops from 39th to 41st - placing it among the ten worst business tax climates in the ... Keep Reading
“Government” is Biggest Threat to Economy?
What is the biggest threat to the US economy according to the folks managing investment portfolios? It's not the threat of terrorist attack, inflation or protectionist trade ... 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
Soak the Rich, Hurt the Poor
Politicians in DC are debating the fate of the Bush-era tax cuts set to expire at the end of this year. Many from the "soak-the-rich" camp are calling for the tax cuts on the ... Keep Reading
Tax Hikes, Stimulus Funds Helped Fuel Half a Billion Spending Increase in FY 2009-10
The Office of State Controller has posted its General Fund Monthly Financial Report for June; which is significant because it contains year-end summaries for actual revenue ... Keep Reading