Category Archives: Taxes

New Carolina Journal Online features

Dan Way reports for Carolina Journal Online on state auditors’ continuing concerns about security measures for data housed in the N.C. Department of Health and Human Services. John Hood’s Daily Journal explains how North Carolina’s mix of tax sources compares to neighboring states and the nation as a whole.

Brian Lewis gets it right

I agree with Brian Lewis, former lobbyist for the NC Association of Educators and Managing Partner at New Frame, Inc. Let’s have an honest conversation about K-12 education spending – one that acknowledges all missteps along the way.

Offshore tax havens are bad? Don’t tell John Kerry

Richard Pollock of the Daily Caller documents facts about the U.S. secretary of state that could prove embarrassing for Obama administration advocates who target “tax havens.” Secretary of State John Kerry and his wife Teresa Heinz have invested millions of U.S. dollars through family trusts in at least 11 offshore tax havens, according to TheContinue Reading

New Carolina Journal Online features

Barry Smith and Dan Way report for Carolina Journal Online on the prospects for a limited spending increase and additional tax cuts in the next N.C. state budget. John Hood’s Daily Journal explains how recent state budget restraint has helped Gov. Pat McCrory and legislative leaders as they address this year’s budget priorities.

Really feeling the Bern

Juliegrace Brufke of the Daily Caller spotlights a new chart that shows how Democratic presidential candidate Bernie Sanders’ policies would affect your paychecks. While the self-described Democratic socialist said his economic proposals would provide free college, Medicare for all and a slew of other new welfare programs, the cost of the expansion of government isContinue Reading

Federal tax collections in perspective

A article offers valuable context as you consider arguments from those — Hillary Clinton and Bernie Sanders come to mind — who believe the U.S. should increase taxation. Over the course of the 86 full months that President Barack Obama has completed serving in the White House—from February 2009 through March 2016–the U.S. TreasuryContinue Reading

Barron’s editorial page editor ponders tax evasion issues

Thomas Donlan of Barron’s focuses his latest editorial commentary on the reasons underlying concerted efforts to avoid paying taxes. If you wonder about high taxes in the U.S. and around the world, take a look at some of the lessons of the so-called Panama Papers. The easiest one is that bank- and corporate-secrecy laws makeContinue Reading

N.C.’s Tax Freedom Day arrives Saturday, national milestone still a week away

As many of us scramble to finish tax forms this weekend, we can take some comfort in learning that Saturday marks North Carolina’s Tax Freedom Day. That’s the day the Tax Foundation has determined that North Carolinians have worked long enough to pay off the tax man for 2016. Now we can spend the restContinue Reading