Taxes

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    Obama helped Trump get $73 million

    Kyle Smith writes for National Review Online about one interesting outcome of former President Barack Obama’s stimulus policies. The New York Times’ big exposé on President Trump’s tax returns flags some things that may be dodgy but mainly it just confirms what everybody (including Trump) has always said…
    Mitch Kokai, September 29, 2020
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    Cooper: I will give a corporation $3.3 million to invest $4.1 million, and that’ll make $627 million

    So far this year Cooper has pledged nearly half a billion dollars in grants to individual corporations. The count so far is nearly $445 million to just 22 corporations.
    Jon Sanders, September 28, 2020
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    This weekend on Carolina Journal Radio

    North Carolina’s U.S. Senate race between incumbent Republican Thom Tillis and Democratic challenger Cal Cunningham could help determine which party controls that chamber for the next two years. Rick Henderson highlights key developments in the hotly contested race for the next edition of Carolina Journal Radio.
    Mitch Kokai, September 25, 2020
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    Americans realize 2020 presidential race could hit their wallets

    David Lesperance emailed this message over the weekend: Dear Mitch: Political pundits used to say that voters didn’t really focus on Presidential elections until after Labor Day. I have to say that this is true this round as it pertains to Wealthy Americans focusing on the future tax policy…
    Mitch Kokai, September 15, 2020
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    July revenue report adds to uncertainty

    The full picture for 2019 income taxes is now available, but it does not provide much clarity about the revenue picture for the rest of FY2020-21. The latest General Fund Monthly Report from the Office of the State Controller includes the final income tax payments delayed from April. Personal…
    Joseph Coletti, September 10, 2020
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    Biden family has history of tax problems

    Alana Goodman of the Washington Free Beacon details the turbulent, troubling tax history of people closely related to Democratic presidential candidate Joe Biden. Hunter Biden was hit with a $450,000 lien in July over delinquent state income taxes, which he paid off in six days despite having no…
    Mitch Kokai, August 11, 2020
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    This weekend on Carolina Journal Radio

    Available data make it easier to tell the story of the patients most likely to struggle with COVID-19. Jordan Roberts analyzes a recent COVID-19 profile for the next edition of Carolina Journal Radio. Donald van der Vaart and Dominic Coletti discuss unintended consequences associated with federal…
    Mitch Kokai, August 7, 2020
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    Viral video teaches taxation truth

    Joshua Lawson of the Federalist highlights an important lesson from a recent viral video. “Jojo, how’s it feel openin’ up this first check, man?” Dad asks from the passenger’s seat of the parked car, his voice brimming with expectation. “Oh, c’mon, Papa,” Jojo exclaims with a beaming smile,…
    Mitch Kokai, July 28, 2020