• John Locke Update

    Restore the SALT deduction

    posted January 30, 2020 by Dr. Roy Cordato
    In the shadow of their impeachment vote last month, the U.S. House of Representatives voted on and passed a bill that got few headlines, primarily because it will likely go…
  • John Locke Update

    How Do Tax Cuts Spur Economic Growth?

    posted September 17, 2019 by Dr. Roy Cordato
    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…
  • John Locke Update

    State Budget Woes: First Kansas, Now Alaska

    posted August 22, 2019 by Joseph Coletti
    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,…
  • John Locke Update

    Ocasio-Cortez, Sanders, and the Tax Rate Ruse

    posted March 28, 2019 by Dr. Roy Cordato
    A lot has been written about the proposals being made by leftist politicians like Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders to add a new top rate of 70-80 percent…
  • John Locke Update

    2019 Budget Preview: Keeping Momentum on Tax Reform

    posted February 19, 2019 by Joseph Coletti
    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…
  • John Locke Update

    An Overview of Business Taxes

    posted October 4, 2018 by Joseph Coletti
    Tax reform is always a work in progress as legislators seek to raise revenue for the government without impeding the economy. Business taxes are particularly tricky, in part because businesses…
  • John Locke Update

    States and Families are Saving for the Future

    posted August 30, 2018 by Joseph Coletti
    While the federal government’s deficit and debt grow, it seems families and state governments have become better savers during the current recovery. North Carolina’s budget picture is improving, with revenues…

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