Taxes

  • Post

    Support growing for federal tax plan

    Robert Donachie of the Daily Caller reports on the latest poll numbers linked to the federal tax plan. Americans’ support for the recently signed Republican tax reform bill is soaring, growing nine percent in favorability since Christmas. Forty-six percent of Americans either strongly or somewhat approve of the…
    Mitch Kokai, January 19, 2018
  • Post

    Tim Carney: Public Disconnect on Middle Class Tax Cut

    The Washington Examiner’s Tim Carney looks at the big disconnect between the reality of middle class tax cuts that millions of Americans will be enjoying, and what those very same Americans think is happening. Only 1 in 6 Americans polled last month thought they would see a tax cut…
    Donna Martinez, January 16, 2018
  • Post

    Blue-state responses to federal tax law

    Kyle Sammin writes at the Federalist website that blue-state governments are struggling to cope with the federal tax law change that limits federal taxpayers’ ability to write off state and local tax payments. In Democratic-majority states across the nation, state legislators are flailing blindly to find a way…
    Mitch Kokai, January 16, 2018
  • Post

    People are coming to North Carolina

    Interesting map out this week from the Tax Foundation looking at inbound migration.  North Carolina ranked 8th in the US, with more than 56% of all moves across NC state lines involving folks coming in, and only 44% people leaving.  Lots of reasons, but relatively low tax rates are…
    Julie Tisdale, January 12, 2018
  • Post

    This weekend on Carolina Journal Radio

    A higher percentage of N.C. teachers remained on the job last year. Those who stayed put were more effective than those who left their jobs. Terry Stoops examines these two data points and other elements of the latest state teacher attrition report for the next edition of Carolina Journal…
    Mitch Kokai, January 12, 2018
  • Post

    Not getting the Toyota-Mazda plant wasn’t really a loss

    I know it’s not a popular position, but I was actually relieved to see that North Carolina didn’t win the Toyota-Mazda plant.  Why?  Because, according to the Commerce Secretary, North Carolina was prepared to offer $1.5 billion to get the company to locate here.  With the plant projected to…
    Julie Tisdale, January 11, 2018
  • Post

    State budgets across the country

    State revenues across the country are growing at 2.5%, but increasing expenses for schools and health care mean appropriations will grow 3.5% without focused attention on policy and process changes to restrain spending, says National Conference of State Legislatures Executive Director William Pound in the most recent episode of NCSL’s…
    Joseph Coletti, January 11, 2018
  • Post

    Budget Basics: What is the General Fund?

    This is one of a series of blog posts to help understand common budget terms. The General Fund is what people tend to think of as the State Budget. Money raised for general, unspecified purposes goes there. Between July 1, 2017, and June 30, 2018, roughly $23.6 billion from state…
    Joseph Coletti, January 9, 2018