• Research Report

    North Carolina’s Capital Gains Tax: It’s time to consider a change

    posted September 14, 2014 by Dr. Roy Cordato
    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.
  • Research Report

    North Carolina’s E-Cigarette Tax: Where bad tax policy meets special interest politics

    posted July 9, 2014 by Sarah Curry, Dr. Roy Cordato
    North Carolina passed a law during the 2014 legislative session taxing the liquid used in electronic cigarettes at an additional 5 cents per milliliter. This tax will hurt small businesses and violates the most important principle of good tax policy—neutrality. The North Carolina General Assembly should repeal the electronic cigarette tax.
  • Research Report

    Tax Cuts for All: Tax Reform Means Savings to All NC Income Groups

    posted January 15, 2014 by Dr. Roy Cordato
    The average North Carolina household in every income category received a tax cut from the 2013 tax reform. Considering both 2011 and 2013 tax changes, the average household in both the lowest and highest income categories is receiving a tax cut of about 1 percent of income.
  • Research Report

    Energy Subsidies: How comparisons should be calculated but aren’t

    posted October 27, 2013 by Dr. Roy Cordato
    Over the last several years there have been a great many claims about energy subsidies for both renewables and traditional sources like coal and oil. The analysis hasn't, but should, focus on net subsidies, which includes both subsidies and penalties. The important question is - how are coercive policies distorting supply and demand relative to a free market?

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