Economy (page 6)

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    California’s cautionary tale

    Victor Davis Hanson of National Review highlights some of the Golden State’s unique problems. To fathom California’s near medieval asymmetry, ask how a state with such high taxes can offer such poor services. The top California income-tax rate is 13.3 percent (the nation’s highest). The state’s average sales…
    Mitch Kokai, January 2, 2019
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    Forced Hike In Minimum Wage = $10,000 to $12,000 Tab For Restaurant Customers

    As of today, Missouri businesses must increase the minimum wage from $7.85 to $8.60 per hour. The Associated Press reports this will be the first of multiple wage hikes that will culminate in a minimum wage of $12 per hour. The hike was approved by voters. The results are…
    Donna Martinez, January 1, 2019
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    This weekend on Carolina Journal Radio

    The Republican-led General Assembly has had success in recent years cutting tax rates, increasing spending on high-priority items, setting aside money for a rainy day, and still balancing the state budget. They’ll face new challenges in the new year. Joseph Coletti dissects those challenges in the next edition of…
    Mitch Kokai, December 21, 2018
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    New Carolina Journal Online features

    Kari Travis reports for Carolina Journal Online on two lawsuits challenging North Carolina’s new voter ID law. Rick Henderson’s Daily Journal argues that North Carolina is the real winner in the Apple sweepstakes.
    Mitch Kokai, December 21, 2018
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    Federalist columnist takes Rubio to task

    David Harsanyi of the Federalist is no fan of Sen. Marco Rubio’s latest campaign theme. “The American dream is about the opportunity to earn happiness and the government has a responsibility to facilitate that,” the new populist version of Marco Rubio writes in an essay titled “America Needs…
    Mitch Kokai, December 20, 2018
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    New Carolina Journal Online features

    Carolina Journal reports on the vote to override Gov. Roy Cooper’s veto and place a photo voter ID requirement into law. Roy Cordato’s Daily Journal exposes a key problem with most economic impact studies for taxpayer-funded projects and programs.
    Mitch Kokai, December 20, 2018
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    New Carolina Journal Online features

    Kari Travis reports for Carolina Journal Online on the challenges facing the University of North Carolina System’s new interim president. John Hood’s Daily Journal emphasizes the difficulty of measuring public views about trade.
    Mitch Kokai, December 19, 2018
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    ‘Losing’ Apple doesn’t mean NC is a loser. Far from it.

    In the last decade, North Carolina policymakers have adopted economic growth policies. We’ve witnessed impressive results from it.
    Jon Sanders, December 14, 2018