A bill that would allow state taxpayers to make additional payments to state government won approval by a House Committee yesterday and now moves the House floor. Per WRAL: The measure, which next goes to the House floor, would require that the Department of Revenue include a box on North Carolina’s tax returns for those [...]
NC’s Sales Tax Code Riddled With Loopholes
Dan Kane of the N&O writes an excellent piece detailing North Carolina’s complicated sales tax – a tax code riddled with special rates and exemptions granted to certain industries typically based upon their political clout. Here is a sample: All told, the 102 sales tax breaks on the books in North Carolina cost the state [...]
Liberalism’s Failure: ‘a Paler Shade of Orange’
ICYMI, the News & Observer had an oped recently that showed how North Carolina liberalism is failing — on its own terms. In “Unfortunate policies lead county to a paler shade of Orange,” UNC professor Michael Jacobs notes that: Of the 25 largest counties in North Carolina, only two had a decline in African-American population [...]
National Radio Host Jason Lewis Praises NC Legislature from Minnesota
Nationally syndicated radio talk show host, and featured speaker at the 2013 Civitas Conservative Leadership Conference, Jason Lewis pens a guest column in his home town paper, the Minneapolis Star-Tribune. In the article, Lewis contrasts his state’s “tax happy” state legislature to that of North Carolina’s. A sample: It doesn’t have to be this way. In [...]
Phony Scares, Tax Reality
A couple of posts have some insights for us in NC. We hosted economist Arthur Laffer earlier this year for a discussion of how lower income taxes, or no income taxes, can boost economies — and even bring more money in to government. Add Ireland to the places where high taxes have the effect of [...]
