Taxes

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    Nobody expects a debt crisis until they do

    As official Washington deepens its commitment to deficits and debt regardless of potential inflation or other repercussions, I recently came across an International Monetary Fund working paper by Paulo Mauro and Jing Zhou who found, “Government borrowing costs [on new debt] often rise abruptly and sharply, but just…
    Joseph Coletti, January 22, 2021
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    Soaking the rich with a wealth tax

    It’s so easy to let jealousy trump good sense. I think that’s what a ‘wealth tax’ is all about. A wealth tax, you see, is much more than hiking taxes on high earners because you think they don’t pay their ‘fair share.’ It’s about taking away the fruits of…
    Donna Martinez, January 21, 2021
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    Cooper’s corporate welfare: over a half a billion dollars for … that?

    Cooper’s corporate welfare tally for 2020 is jaw-dropping: $519.3 million pledged to just 48 corporations.
    Jon Sanders, January 19, 2021
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    Tax preparers’ guilty pleas remind us of previous CJ investigation

    The U.S. Justice Department submits the following news release: Seven Charlotte, North Carolina tax return preparers pleaded guilty to conspiracy to defraud the United States by preparing and filing false tax returns, announced Principal Deputy Assistant General Richard E. Zuckerman of the Justice Department’s Tax Division, U.S. Attorney R. Andrew…
    Mitch Kokai, January 12, 2021
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    Senate Leader Phil Berger Announces Committee Appointments

    A Jan. 7 news release from Sen. Leader Phil Berger’s office announces committee assignments. The General Assembly reconvenes Wednesday, Jan. 13. Be sure to join the John Locke Foundation’s government affairs team on Monday, Jan. 11, for a conversation about Locke’s legislative Agenda for a Better Carolina. …
    Donna Martinez, January 7, 2021
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    Monday: A Legislative Agenda For a Better Carolina

    Join Our Livestream Monday, Jan. 11 at Noon You’ll Find Us On Facebook or at john locke.org With the new year comes new opportunity to drive a Carolina Rebound that lifts North Carolinians from the nightmare of COVID-19 shutdowns into a year of promise and purpose.
    Donna Martinez, January 7, 2021
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    New Carolina Journal Online features

    John Trump writes for Carolina Journal Online about reining in the governor’s powers under the Emergency Management Act. John Hood’s Daily Journal highlights tax debate myths.
    Mitch Kokai, January 4, 2021
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    New Carolina Journal Online feature

    John Hood’s Daily Journal explains how lower taxes attract key leaders.
    Mitch Kokai, December 29, 2020