tax cuts

It is widely believed, with plenty of evidence to support the hypothesis, that tax cuts spur economic growth. Over the past six decades, tax cut legislation has been implemented by…

Kansas has been criticized since 2012 for cutting taxes irresponsibly, despite a court-ordered increase in education spending. Tax cuts in the Sunflower State may have been larger than circumstances warranted,…

While caution remains the budgetary watchword this session, legislative leaders will look for ways to sustain the momentum for tax reform. On Wall Street, companies can see their share prices…

State budget writers have more challenges than normal as they prepare for the next biennium. First, there are economic headwinds from tariff and trade wars and a broader concern about…

Carolina Journal reports that while the 2020 Republican National Convention in Charlotte would gain international attention and could boost the city’s profile in intangible ways, it’s unlikely it would…

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.

RALEIGH — The General Assembly’s no-tax-hike budget sets North Carolina state government on a more sustainable course than the one Gov. Beverly Perdue and her allies supported. The John Locke…

The General Assembly's no-tax-hike budget sets North Carolina state government on a more sustainable course than the one Gov. Beverly Perdue and her allies supported. It avoids an $850 million tax increase Gov. Bev Perdue sought, which means $200 less in taxes per household. General Fund spending totals $19.5 billion, two percent less than Gov. Perdue's original, $19.9 billion proposal.

Click here to view and here to listen to Joseph Coletti discussing this Spotlight report. RALEIGH — As Gov. Beverly Perdue and the new Republican-led General Assembly consider…

This budget proposal would spend $18.4 billion and return spending to the same levels, adjusted for population and inflation, as in the mid-1990s. In addition to ending the temporary sales tax and income tax surcharges, this budget would reduce the tax rates on personal and corporate income, setting the stage for future tax reform.