franchise tax

It’s the perfect setup for a late-night comedian’s monologue: The coronavirus is so serious it has President Donald Trump and House Speaker Nancy Pelosi agreeing on something and caused the…

The Democratic party’s most radically progressive candidates, Bernie Sanders and Elizabeth Warren, have promised to impose a tax on wealth. To be clear, wealth is distinct from income. Wealth is…

The budget standoff in North Carolina is generating national attention, which focuses on the debate over Medicaid expansion. But there’s another policy standoff in Raleigh, and it’s interesting not just…

Gov. Roy Cooper opposes corporate tax cuts and giveaways. At least publicly. In his 2017 State of the State address, he made them sound like an occult ritual: “We…

February is the true start of spring. Punxsutawney Phil “predicts” the longevity of winter. Pitchers and catchers report to spring training. Cherry trees blossom.  And in the North Carolina General Assembly,…

Tax reform is always a work in progress as legislators seek to raise revenue for the government without impeding the economy. Business taxes are particularly tricky, in part because businesses…