NOTE: A similar version of this article appeared in the Charlotte Observer. Human capital is a key component in a society’s ability to lift living standards But proper ... Keep Reading
taxes
Senate Leaders Propose Billion-Dollar Tax Cut
In a press conference this morning, chairmen of the Senate Finance Committee unveiled a tax cut plan projected to save taxpayers more than $1 billion over the coming biennium. ... Keep Reading
The Good, Bad and Ugly of Cooper’s First Budget
· Cooper’s first budget plan raises spending $1.1 billion over this year, which would be double the state budget of just 20 years ago · Some good provisions in the budget ... Keep Reading
New Year Brings More Tax Cuts
Several new tax cuts went into effect on Jan. 1, making North Carolina even more competitive for jobs and investment. The corporate tax rate is dropping in North Carolina, ... Keep Reading
Sorry Cooper, There is No Such Thing as a “Fair Share” of Taxes
Recent news accounts have brought up the question of incoming Governor Roy Cooper's plans for state taxes, zeroing in on his parroting of the "fair share" slogan. Gubernatorial ... Keep Reading
New Study Concludes: North Carolina’s Economic Policies Are Providing More Jobs and Bigger Paychecks
2013 Tax Reforms, Unemployment Insurance Reform, and Expiration of 1-Cent “Temporary” Sales Tax in 2011 All Had Significant Positive Impact on NC’s Economy RALEIGH -- “North ... Keep Reading
N&O: Wake County Taxpayers “Won’t Notice” Billion Dollar Tax Hike
In an article urging Wake County voters to raise taxes on themselves to pay for a wildly expensive transit option almost nobody uses, the N&O included this line: "It’s a tax ... Keep Reading
NC’s Big Secret: Tax Cuts
The tax reforms of 2013 keep paying off for North Carolina. Check out this article and the second part of this podcast from "What Matters in North Carolina." Unfortunately, ... Keep Reading
FY 2016-17 State Budget Limits Spending Growth, Cuts Taxes, Raises Teacher Pay
North Carolina’s 2016-17 state budget responsibly limited the growth rate of state spending, wisely padded the state’s Rainy Day Fund, cut taxes further and continued one of the ... Keep Reading
Visualizing NC’s Pro-Growth Tax Reforms
The two charts below provide an important visual depiction of the trends in North Carolina state tax rates. Specifically, we can see from the first chart how the state's corporate ... Keep Reading
