taxes

Everybody wants a piece of North Carolina’s statutory debt limit. For the third consecutive year, the Debt Affordability Study recommends increasing the debt limit to 4.5 percent of General Fund…

February is the true start of spring. Punxsutawney Phil “predicts” the longevity of winter. Pitchers and catchers report to spring training. Cherry trees blossom.  And in the North Carolina General Assembly,…

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…

North Carolina needs to reform its approach to taxing capital gains. As I have noted in a previous analysis for the John Locke Foundation, the current system ignores the…

Since President Trump has taken office, economic growth rates have soared, 4.2 percent in the last quarter, and unemployment rates are the lowest in decades, at present 3.7 percent. In…

In the main, there are two reasons given for taxing soda and other heavily sugared products, including sugar itself. (I should point out that sugar is already subject to a…

Rob Christensen, the venerable political reporter for the News & Observer, offers a future vision of North Carolina as Illinois, with out-of-control spending leading to failing government and bad credit.

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…

Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of…

If we listen to most commentators on both the left and the right talk about socialism, its moral superiority to capitalism is rarely, if ever, challenged. Typically, the conservative critics…