Taxes

  • Post

    Math from the Independent Weekly

    Jeffrey Billman provides a good rundown for Independent Weekly readers of how Wake County Commissioners could push property taxes up more than $200. Natural growth will provide $32 million for the county, but $10 million of that goes to already pledged debt service on recently passed bonds. By…
    Joseph Coletti, April 20, 2018
  • Post

    Analysts question benefit of offering mammoth incentive package to Amazon

    Michael Farren and Anne Philpot, of the Mercatus Center, wrote an article featured in The Baltimore Sun on an $8.5 billion incentive package offered to Amazon by Maryland legislators to sway the tech giant to house the new “HQ2” headquarters in Montgomery County. You may recall articles the John…
    Anna Manning, April 19, 2018
  • Post

    Republicans Really Raised Taxes on the Rich

    Steven Heyward at Power Line blog highlights some news from various sources showing after-tax wages rising rapidly even as the rich (at least in California and New Jersey) will face higher tax bills next year. The Sacramento Bee reported that a million Californians will pay an average of $12,000…
    Joseph Coletti, April 18, 2018
  • Post

    Tax cuts spur businesses and the economy

    A new paper on Sweat Equity in U.S. Private Business finds “existing measures of business incomes and valuations” understate “the value of time to build customer bases, client lists, and other intangible assets.” As a result, they also understate the impact of tax cuts to boost the economy.
    Joseph Coletti, April 18, 2018
  • Post

    Tax Cuts Begun in 2011 Have Put $5 Billion Back Into the Economy

    It’s tax filing deadline day, making it a perfect time to assess how far we’ve come in North Carolina by making sure every working North Carolinian keeps more of what he or she earns. That’s due to pro-growth economic policies adopted over the post six or seven years. Becki…
    Donna Martinez, April 17, 2018
  • Post

    Norquist expects election year votes on tax cuts, guns

    Susan Ferrechio of the Washington Examiner highlights a political prediction from the leader of Americans for Tax Reform. The House won’t use [the] tax filing deadline as a showcase for a bill making the new individual tax cuts permanent, and will instead delay that vote until the summer…
    Mitch Kokai, April 17, 2018
  • Post

    Is there a fair way to tax Wayfair and other online retailers?

    Wayfair, the home furnishings online retailer that is almost as ubiquitous as Ikea and original maker of the second-hand computer stand being used for this blogpost, is at the Supreme Court tomorrow. South Dakota is trying to tax Wayfair’s sales in that state. It’s oddly symmetrical for…
    Joseph Coletti, April 16, 2018
  • Post

    Laws and Policies That Don’t Play Favorites

    A level playing field. Equal opportunity. Less government interference and more personal choice and responsibility. They’re three ways to describe the limited government view — some might say classical liberalism. Writing at libertylawsite.org, John McGinnis lay out the problem of government playing favorites — and both political parties…
    Donna Martinez, April 9, 2018