One of the big headlines of the past couple of days is the revelation that nearly half of all US households will not pay anything in income taxes this year. Last April, we asked ... Keep Reading
taxes
Misleading Claims on NC’s Business Taxes; Sen. Clodfelter Flip-Flopping?
Yesterday's Joint Meeting of the Senate and House Finance Committees focused on North Carolina's taxation of businesses. The group's intent is to examine North Carolina's tax ... Keep Reading
The High Price of Obamacare
Sheldon Richman reminds us that the high price we'll be paying for Obamacare comes in many forms. First, are the explicit taxes such the Medicare tax hike on high levels of ... Keep Reading
After $1 billion Tax Hike, Perdue Still Doling Out Corporate Welfare
During North Carolina's "budget crisis" last summer, taxpayers were told that they need to fork over an additional $1 billion of their money in order to allegedly preserve the ... Keep Reading
Tax Freedom Day is Coming Soon!
The Tax Foundation today release its annual "Tax Freedom Day" study - which calculates, on average, how many days Americans must work to pay their total local, state and federal ... Keep Reading
Social Security Already Broke
This Washington Times article describes the dire situation that our Social Security system is in, and why all of those surplus collections for the past 20 years are long gone. The ... Keep Reading
Beth Wood: The rest of the story on late property taxes
North Carolina State Auditor Beth Wood can’t seem to stay out of the news. In early February, Under the Dome reported Wood was late in paying a $1,200 property tax bill on her ... Keep Reading
Red State Catches Monkey Fever
It seems the folks at Red State have notice our cocaine and monkeys article and have written a post about it. They also were quite creative in coming up with the following image to ... Keep Reading
Tax Reform Coming to NC?
Today's joint meeting of the Senate and House Finance Committees once again focused on reforming North Carolina's tax code. The oft-repeated goal of the committees is to broaden ... Keep Reading
“May”?
File this one under the "most predictable headline of the decade" category. From today's N&O: Deficit solution may include taxes Erskine Bowles said "everything is on the ... Keep Reading
