Category Archives: Taxes
Larry Kudlow‘s latest column at Human Events offers no kind words for Democratic presidential frontrunner Hillary Clinton’s tax proposals. The worst sectors of the worst recovery since World War II are business investment in new plants and equipment and new business start-ups. These are the biggest job-creators, and their slump is a key reason forContinue Reading
One of the most striking features for a transplanted Midwesterner arriving at UNC-Chapel Hill’s Hinton James dorm in August 1989 was a message spray-painted on the basketball court: “Go back to Jersey.” That message came to mind while reading Lee Habeeb’s National Review Online column about people voting with their feet to leave New Jersey.Continue Reading
Barry Smith reports for Carolina Journal Online on a dispute between state Senate Majority Leader Harry Brown and Gov. Pat McCrory over Brown’s proposal to shift state sales tax distribution. John Hood’s Daily Journal analyzes the potential impact of a March 15 presidential primary in North Carolina.
In a new NBER paper, “Supplemental Plan Offerings and Retirement Saving Choices: An Analysis of North Carolina School Districts,” Robert Clark, Emma Hanson, Melinda Sandler Morrill, and Aditi Pathak examine the use of supplemental retirement plans in 53 North Carolina districts. On average, one-third of school district employees contribute to one or more supplemental retirementContinue Reading
Highlighting findings from a recent JLF study on county economic incentives, the Asheville-Citizen Times wrote an article focusing on Western North Carolina and Buncombe County’s use of incentives. The article begins the discussion of talking about the incentives given to Buncombe County: Buncombe offered $30 million in taxpayer dollars as incentives to businesses from 2009-14,Continue Reading
John Stossel‘s latest column at Human Events challenges popular misconceptions about the impact of government “cuts” (usually meaning reductions in spending growth). Today pundits and protesters moan about fiscal “austerity” in nations like Greece. But if austerity means cuts in government, there hasn’t been much of it. Sure, Greece cut spending, but only by 3Continue Reading
Ali Meyer documents for Washington Free Beacon readers the federal government’s record-high tax collection for the 2015 budget year. The federal government collected a record amount of taxes in the first three quarters of fiscal year 2015, exceeding $2.4 trillion in revenue, according to the latest monthly Treasury Department statement. Despite the record revenue, theContinue Reading