• Research Report

    More to do on tax reform: Changing how business expenses are deducted

    posted November 29, 2015 by Dr. Roy Cordato
    North Carolina’s tax code penalizes savings and investment by double taxing their returns— specifically interest, dividends, and capital gains. These biases can only be eliminated by removing savings and investment from the tax base, or by eliminating the returns to saving; for example abolishing the taxation of capital gains.
  • 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.
  • Press Release

    North Carolina Has Stake in Bush Plan

    posted January 6, 2003
    RALEIGH — As President Bush prepares to announce his $600 billion economic-growth package today at the Chicago Economic Club, local economists are pointing to proposed changes in the taxation of…

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