tax burden

With six weeks to go until the May primaries, voters in at least a dozen North Carolina counties should start considering whether they should vote for or against proposed…

Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the…

At last count, 12 North Carolina counties will include an increase in the local sales tax on their May ballots.  In all 12 of those counties, it’s a bad idea. …

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…

In 2007, the North Carolina General Assembly passed legislation allowing counties to impose an additional quarter-cent sales tax to raise revenue within their jurisdictions.  These taxes must be approved by…

Is the the idea of a “progressive flat tax” an oxymoron? The typical argument for a broad-based flat-rate income tax, also called a single rate or proportional…

How North Carolina double taxes capital gains and what to do about it

County and municipal governments provide many key services while taking in billions of dollars in revenue, but finding comparative data is hard. That's why this report provides information of how much local government costs in every city and county in North Carolina.

County and municipal governments provide many key services while taking in billions of dollars in revenue, but finding comparative data is hard. That's why this report provides information of how much local government costs in every city and county in North Carolina.

North Carolina’s relatively high tax burden in the region has not improved the state’s schools, roads, health, or crime as much as would be expected. Per-capita personal income growth also lagged, though population grew faster in N.C. than in most other states.