Taxes

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    This weekend on Carolina Journal Radio

    School districts across the state must decide again this year how to cope with a planned teacher union walkout in May. Terry Stoops analyzes the May 1 union action for the next edition of Carolina Journal Radio. Donald van der Vaart explains why government-mandated solar energy contracts…
    Mitch Kokai, April 19, 2019
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    Trump tax law saved Bernie 38K

    President Trump probably won’t see a thank-you note from U.S. Sen. Bernie Sanders, despite the latter’s direct benefit from the former’s tax policy. Charles Fain Lehman of the Washington Free Beacon explains. Sen. Bernie Sanders (I., Vt.) saved roughly $38,000 in taxes thanks to the Tax Cuts and…
    Mitch Kokai, April 18, 2019
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    Criticizing Warren’s approach to taxes

    Jon Hartley explains at National Review Online why U.S. Sen. Elizabeth Warren takes the wrong approach to taxes. This week, Senator Elizabeth Warren’s 2020 presidential campaign unveiled a radical proposal to levy a minimum 7 percent corporate tax on U.S. companies making more than $100 million annually, with…
    Mitch Kokai, April 18, 2019
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    AOC’s latest good-for-thee, not-for-me moment

    John Gage reports for the Washington Examiner on an interesting piece of U.S. Rep. Alexandria Ocasio-Cortez‘s history. Freshman Rep. Alexandria Ocasio-Cortez, D-N.Y., who regularly lambastes Republicans over tax cuts and helped scuttle a plan by Amazon to locate in New York City because she opposed tax breaks the…
    Mitch Kokai, April 17, 2019
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    National Tax Freedom Day is today, five days after N.C. reached tax freedom

    The Tax Foundation celebrates Tax Freedom Day today. North Carolina already has enjoyed five days of tax freedom this year. Our April 11 Tax Freedom Day ranks us No. 22 in the nation. Tax Freedom Day® is the day when the nation as a whole has earned enough money…
    Mitch Kokai, April 16, 2019
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    Washington Examiner: JLF’s Joe Coletti, “Overpromise, under-deliver: The cautionary tale of North Carolina’s internet sales tax”

    JLF’s Joe Coletti featured in Washington Examiner: Prior to the court’s decision in Wayfair, states were only able to assess sales tax collection liability on businesses that had some form of physical presence within their state. Wayfair established a precedent that states could assess collection liability so long as…
    Anna Manning, April 16, 2019
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    Just in Time for Tax Day

    Justin Bogie has posted a chart at the Daily Signal that shows where your tax money goes: Pretty scary!…
    Jon Guze, April 15, 2019
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    California as ‘cannibal state’

    Victor Davis Hanson of National Review Online takes aim at his home state. For over six years, California has had a top marginal income-tax rate of 13.3 percent, the highest in the nation. About 150,000 households in a state of 40 million people now pay nearly half of…
    Mitch Kokai, April 12, 2019