Category Archives: Taxes

Tax reform prospects before year’s end

The Washington Examiner reports on retiring U.S. Rep. Dave Camp‘s efforts to secure some measure of tax reform before he leaves Capitol Hill. Both Congress and President Obama say they support tax reform in theory. But tax reform should not inflict another tax hike on Americans, especially in a period of continued economic weakness. Unfortunately,Continue Reading

It sounds like inside baseball, but it could be a big deal

Joseph Lawler of the Washington Examiner reports on a possible change in the nation’s capital that would appeal to policy wonks while providing benefits for normal people. The Republicans’ capture of the Senate will allow them to push through an arcane change to the budget process that they hope will tip the politics of taxesContinue Reading

CEI chief offers wish list for lame-duck Congress

Lawson Bader of the Competitive Enterprise Institute outlines for Human Events readers positive steps the outgoing Congress could take before leaving Washington for the holidays. [F]or members of Congress who want get something done before the year, and the current congressional session ends, here are five opportunities to have a positive effect on the economyContinue Reading

Barron’s editorial page editor laments efforts to leash the leprechaun

Thomas Donlan explains in his latest Barron’s editorial commentary why he’s leery of government proposals to pursue profits American-based companies have earned in Ireland. Ireland was for many years the poorest country in Western Europe, but never the stupidest. Trouble was, its bright people moved abroad as fast as they grew up. Now many stayContinue Reading

This weekend on Carolina Journal Radio

Carolina Journal Radio marks its 600th edition this weekend. You’ll hear highlights from some of the program’s most interesting guests from the past 11 years, including P.J. O’Rourke, Steve Forbes, Walter Williams, Peggy Noonan, and Kenneth Starr. Becki Gray and Rick Henderson analyze the 2014 elections in North Carolina and discuss how those elections areContinue Reading

Barron’s D.C. man ponders the likelihood of federal tax reform

Jim McTague of Barron’s devotes his latest “D.C. Current” column to the prospects for federal tax reform over the next two years. The Republicans also promise to produce a tax-reform bill for the president to sign. There’s every reason to believe this will be so. There’s bipartisan support in both the House and the SenateContinue Reading

Heritage Insider takes note of JLF tax recommendations

Alex Adrianson of the Heritage Foundation’s “Insider Online” recognizes that North Carolina still has room to improve its tax code, even after the substantial improvement tied to the 2013 tax reform plan. The Tax Foundation also notes North Carolina’s achievement in making “the single largest rank jump in the history of the Index” by improvingContinue Reading

Results from Bonds on the ballot

During this election cycle, many decided to offer general obligation bonds to pay for schools, streets and sidewalks, parks and recreation, water systems, and many other items.  While many might argue that these items are a function of government, should debt be issued to fund these initiatives? General obligation bonds are a general obligation ofContinue Reading