inflation

As the specifics (and many of the absurd objectives) of Rep. Alexandria Ocasio-Cortez’s Green New Deal (GND) have come to light, the common refrain from Democrats who support it is…

North Carolina needs to reform its approach to taxing capital gains. As I have noted in a previous analysis for the John Locke Foundation, the current system ignores the…

Much of the economic news lately is focusing on the fact that labor is becoming a scarce commodity. Each quarter when labor and job statistics are released, we hear how…

On many different occasions, I have argued that, from an economics perspective, North Carolina should abolish its tax on capital gains. But leaving economic analysis aside, assuming that…

If the supply of oil goes up, the price of oil and gasoline falls. If the supply of oranges goes up, the price of oranges and orange juice goes down.

Regardless of how it is measured, state spending is increasing. North Carolina’s total state budget peaked in 2012, reaching more than $51 billion or $5,348 per capita, with federal spending totaling 45 percent of total expenditures.

RALEIGH — Nine of North Carolina’s 30 largest cities increased government revenues by at least 20 percent more than inflation and population growth rates from 2002 to 2007. Thirty-three counties…

RALEIGH — Asheville‘s city government revenue grew 23 percent faster than population and inflation growth would have predicted from 2002 to 2007. A family of four would have needed an…

RALEIGH — Charlotte‘s city government revenue grew 18 percent faster than population and inflation growth would have predicted from 2002 to 2007. A family of four would have needed an…

RALEIGH — Local governments across North Carolina tended to grow faster than inflation plus population growth would have predicted from 2002 to 2007. But Fayetteville‘s major 2005 annexation skews its…