Daily Archives: April 14, 2011
New at CJO: Teacher training center could be on the chopping block
David Bass’ latest Carolina Journal Online report focuses on a controversial North Carolina teacher training center that could face the budget ax under House Republican budget plans.
Businessweek targets tax reform
Much of the new issue of Bloomberg Businessweek focuses on articles surrounding tax reform, an idea the John Locke Foundation has advocated at the state level. One new feature story focuses particular attention on the corporate income tax rate: For all its free-market brio, the U.S. has stayed on the sidelines of a global trendContinue Reading
Another reason to dump high-speed rail plans?
If you didn’t already have enough reasons to question proposals for taxpayer-funded high-speed rail, the latest Bloomberg Businessweek offers another one: Megabus. After the Des Moines bus departs, a dispatcher shouts that Indianapolis-bound travelers can sit on the “warming bus.” He points to a white coach idling 50 feet up the street. The crowd migratesContinue Reading
Senate votes to override Perdue’s veto on the State Health Plan fix
From Senate President Pro Tem Phil Berger’s office: Senate votes, again, to keep State Health Plan afloat Raleigh, N.C. – The North Carolina Senate today voted to override Gov. Beverly Perdue’s veto of a bill that closes a half-billion dollar deficit in the State Health Plan. For years, state employees and teachers have received freeContinue Reading
New at CJO: Tax-funded grant to Canadian company could sink Lee County business
Kristy Bailey’s latest Carolina Journal Online report focuses on a proposed targeted tax incentive in Lee County that could help sink a local firm that has never taken government cash.
Obama’s “tax trigger”
Dan Mitchell of Cato Institute writes that Obama’s proposed “tax trigger” creates a perverse incentive for politicians to overspend. They create huge deficits and taxes automatically go up. The scoundrels won’t even have to go on record with a vote. Of course, Obama doesn’t think there is such a thing as government overspending. In hisContinue Reading
Goldberg dissects the congressional debt limit vote
Jonah Goldberg sat down for an interview with CarolinaJournal.tv and Carolina Journal Radio Wednesday before his speech to a UNC-Chapel Hill audience. Asked which current events are attracting his interest these days, the No. 1 item on Goldberg’s list was the upcoming congressional vote on raising the federal debt limit.
Cutting deficits
Live BlogJames Politi and Stephanie Kirchgaessner should not be writing for the front page of a financial newspaper. In this morning’s Financial Times, the buy viagra uk y write In a speech on Wednesday, the US president proposed cutting $4,000bn from deficits in the next 12 years, shrinking discretionary spending and the defence budget, andContinue Reading
