A reverse logroll for the 2015-17 biennium budget would greatly benefit taxpayers, leaving surpluses of approximately $383 million in the first year and $639 million in the second year. This allows lawmakers more flexibility to lower taxes or fund other priorities.
A report circulated among lawmakers by the NC Sustainable Energy Association argues that renewables are not the source of rising electricity bills in the state. However, the report's problems are myriad.
State leaders should cut through the noise of tailored industry reports and seek a thorough, comprehensive study of North Carolina energy policy, bearing in mind that ratepayers' chief interest is least-cost, reliable power at the flip of the switch.
What the healthcare industry needs is a strong dose of disruptive innovation — relaxing regulations that will increase provider competition, force downward pressure on costs, and enhance patient choice. CON ultimately picks who gets to compete within the health care sector. Reforming the law will by no means untangle the complexities of health care, but state lawmakers should capitalize on an opportunity to make one of the most highly regulated industries a little less heavy on the red tape and a little more patient friendly.
The governor and Republican members of the state legislature are advocating for a host of new incentive programs and the extension and/or expansion of others. However, these programs are likely to harm consumers, investors, and entrepreneurs who are not privy to the subsidies.
The creation of a Department of Information Technology would likely lead to increased government efficiency and cost savings. However, there is no compelling reason to create a new Department of Veterans Affairs.
A transition away from licensure and into voluntary private certification would inject freedom and choice into the market for service professionals and into the labor market. It would pay dividends in terms of job creation particularly in low-income neighborhoods.
In July 2013, the City of Wilson filed a petition with the FCC regarding municipal broadband service. The FCC asked for public comment. This Spotlight comprises the comments by the John Locke Foundation, submitted to the FCC.
On February 26, 2015, the FCC voted in favor of Wilson’s petition.
The North Carolina historic preservation tax credits sunset on January 1, 2015. State government should strive to keep the tax code clean. If lawmakers choose to enact a program to aid in historic preservation, a grant program is a better alternative than a tax credit.
Capital gains taxes penalize saving, investment, and therefore entrepreneurship, by imposing a second layer of taxation on equity investment. The most straightforward way to end this bias is to eliminate the tax on capital gains completely.