Monthly Archives: March 2017

About that taxation of ‘carried interest’

Kevin Williamson of National Review Online ponders prospects for one piece of President Trump’s tax plan. The “carried-interest loophole” is a misunderstood and often misrepresented feature of U.S. tax law. To begin with, it isn’t a loophole at all: It is an intentionally designed feature of the tax code functioning as intended — it mayContinue Reading

National Review praises Trump’s dumping of Clean Power Plan

Editors at National Review Online endorse the president’s executive action reversing Obama administration policy on the Clean Power Plan. On Tuesday, President Donald Trump signed an executive order nullifying the Obama administration’s Clean Power Plan, a piece of green-fantasy regulation that was probably illegal and certainly unwise. Democrats are howling and no doubt will sue.Continue Reading

This weekend on Carolina Journal Radio

Some state lawmakers bristled recently when they heard an update about the extent to which North Carolina’s solar energy industry depends on taxpayer and ratepayer subsidies. Dan Way reports lawmakers’ response to that news for the next edition of Carolina Journal Radio. Jon Sanders explains how North Carolina has seen benefits from a recent regulatoryContinue Reading

New Carolina Journal Online features

Rick Henderson of Carolina Journal Online recaps the vote to repeal North Carolina’s controversial House Bill 2. Becki Gray’s Daily Journal says N.C. lawmakers interested in economic growth should stop sending mixed signals.

NC Supreme Court Approves Groundbreaking New Ethics Rule for North Carolina Lawyers

The ABA Journal reports that: North Carolina has adopted an ethics rule that requires lawyers in private practice, as well as prosecutors, to reveal evidence of innocence they discover after a conviction. … North Carolina is the first state to apply the disclosure rule to lawyers in private practice. The North Carolina Supreme Court approvedContinue Reading

A little friendly advice from your legislative delegation….

..Regarding Winston-Salem’s sanctuary city resolution: Don’t do it: The warning came from Democrats and Republicans in the N.C. General Assembly, who said the city could be punished for pursuing a resolution that some legislators will likely see as a “sanctuary city” resolution in all but name. “I can’t even begin to tell you how unwiseContinue Reading

For all the worry and hand-wringing….

Speaking for myself, if there was one of Gov. Roy Cooper’s Cabinet nominees who should not have been confirmed, it was his nominee to lead the Department of Health and Human Services. Not because Dr. Mandy Cohen doesn’t have the proper credentials–which she does– but because—as CJ’s Dan Way puts it– of her “past linksContinue Reading

Local School Finance Study published

The Public School Forum of North Carolina released their 2017 Local School Finance Study, a report that examines roughly one-fourth funding for public schools in North Carolina. The other three-fourths of the funding, which come from state and federal sources, are excluded.  WRAL says that the report “isolated local spending from state and federal spending,”Continue Reading