Unless a deal is struck that is favorable to the middle class, we go over the fiscal cliff in less than two weeks. My, oh my, how time flies while the men and women in Congress bicker about how much of other people’s money to take and how fast to spend it. But what can’t [...]
“Education Governor” Gets a C Grade
Governor Beverly Perdue received an average grade in the newest Fiscal Policy Report Card on America’s Governors from the Cato Institute. In addition to an overall grade, the report gives a score to each governor ranging from 0 to 100. Lower scores indicate governors who favor big-government fiscal policies (high taxes, high spending), while scores [...]
A Small Step in the Right Direction
A recent law relieving new car owners from having to get emissions inspections might cause some turmoil in mechanics’ shops but will put around $9 million back into the purses and pockets of North Carolinians, according to the Charlotte Observer. Eleven states, ranging from Kentucky to Alaska have absolutely no laws requiring vehicle inspections. North Carolina’s [...]
Another Bubble Waiting to Burst
Despite Rep. Tom Murry’s (R-Wake) open acknowledgement of Civitas’s Bad Bill of the Week article about HB 1149 (New Market Jobs Act), he turned a blind eye to reason and espoused the bill’s virtues in a Commerce and Job Development House committee meeting earlier today. The bill would provide a 7% tax credit on investments in [...]
Gov. Perdue Promises to Raise Taxes in Next Budget
Governor Bev Perdue put out a press release announcing she would raise the sales tax in the budget she will present to the General Assembly for the Spring short session. She said that would pay for education cuts in the plan passed by the legislature. Legislative leaders said they haven’t seen the horror stories come [...]
