Category Archives: Taxes

The national dilemma of debt

Former Houston mayor and former U.S. deputy energy secretary Bill White explores in a Barron’s column the disconnect between the federal government’s revenue stream and its spending commitments. The permanent hole in the federal-funds budget has become more obvious since the end of U.S. combat in Iraq and the reduction of most recession-related programs. AccordingContinue Reading

Learning from the Australians

Rather than look to Europe for great public policy ideas, perhaps the movers and shakers in Washington, D.C., should turn their attention to Australia. They could start by considering this “Drum TV” article from Sinclair Davidson. The carbon tax has been repealed. While there has been a bit of kerfuffle and excitement around the repealContinue Reading

New Carolina Journal Online features

Dan Way reports for Carolina Journal Online on the N.C. Senate’s plan to take up a Medicaid reform bill. John Hood’s Daily Journal points out liberals’ inconsistent arguments about the impact of film incentives and other tax policies.

Williamson dismisses calls for ‘economic patriotism’

Kevin Williamson explains for National Review Online readers why he’s not buying into recent Democratic arguments about “economic patriotism.” Jack Lew, late of Citigroup and currently of the Obama administration, has issued a call for “economic patriotism.” This phrase, which is without meaningful intellectual content, is popular in Democratic circles these days. Ted Strickland, theContinue Reading

New Carolina Journal Online features

This week’s Carolina Journal Online Friday interview features Donna Martinez’s conversation with Roy Cordato about the benefits of North Carolina’s recent tax reforms for every income group. John Hood’s Daily Journal highlights more important numbers for North Carolina’s public policy debates.

Don’t think the federal government has a spending problem? Consider this new data

For those who’ve yet to be convinced of the federal government’s overspending problem, perhaps some numbers and a chart might help, courtesy of CNS News. Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the federal government’s total receipts for the fiscal year closed June at anContinue Reading

How about corporate tax reform?

The latest Fortune magazine cover story labels as “Positively Un-American” the decision of many big-time companies to move their corporate headquarters overseas. Rather than blame the companies, though, perhaps the answer is corporate tax reform. After all, the corporate tax is a bad idea in principle.

New Carolina Journal Online features

Carolina Journal Online reports on a John Locke Foundation report that urges N.C. lawmakers to repeal their new tax on electronic cigarettes. Richard Dietz’s Daily Journal focuses on a Winston-Salem ordinance that exempts newspaper vendors from new restrictions on door-to-door sales.