tax rates

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…

Among many in the Democratic Party, attacking the rich is back in style. Some popular Democrats contend that large concentrations of wealth are, at best, unseemly and, at worst, absolutely…

A progressive tax system is based on the premise that it is a moral imperative for government to tax people at increasingly higher rates as their incomes go up.  The…

A 2002 survey of North Carolina’s most politically active business executives found that they did not necessarily agree with the current direction of public policy in the state. Business leaders from every region answered questions about fiscal policy, education, transportation, tax rates, regulation, and ways to improve economic competitiveness. They disagreed strongly with legislative decisions to raise taxes.