Taxes (page 2)

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    Warren wealth tax faces scrutiny

    Charles Fain Lehman and David Rutz of the Washington Free Beacon focus on U.S. Sen. Elizabeth Warren’s proposed wealth tax. Democratic presidential hopeful Elizabeth Warren’s wide-ranging progressive platform is dependent in part on an “Ultra-Millionaire” wealth tax on the richest people in the United States, but questions about…
    Mitch Kokai, June 13, 2019
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    CJ Reports: N.C. has issued more than $1 billion in renewable energy tax credits

    Despite the fact that the North Carolina renewable energy investment tax credit program expired three years ago, North Carolina is still issuing over $1 billion in tax credits to companies with renewable energy projects. And according to an article in Carolina Journal written by CJ’s Associate Editor Dan Way,…
    Brenee Goforth, June 12, 2019
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online that North Carolina has issued more than $1 billion in renewable energy tax credits. Becki Gray’s Daily Journal predicts that a new N.C. craft beer law could be the first of many helpful alcohol regulation reforms.
    Mitch Kokai, June 12, 2019
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    Cutting out carbon tax talk

    Michael Bastasch of the Daily Caller documents conservative opposition to a proposed carbon tax. Seventy-five conservative groups signed a public letter to Congress opposing “any carbon tax” days after reports that Utah Republican Sen. Mitt Romney openly considered backing carbon tax bill. “We oppose any carbon tax,” conservative…
    Mitch Kokai, June 11, 2019
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    The VP’s mischaracterization of tariffs

    According to VP Mike Pence, tariffs are “an exercise of economic power.” He’s wrong. They are an imposition of government power.
    Roy Cordato, June 10, 2019
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    CJ Commentary: Don’t play favorites with business taxes

    Syndicated columnist John Hood published a piece in Carolina Journal on targeted tax relief. Targeted tax relief works by – instead of lowering the general tax rates for all– offering certain companies or industries tax breaks and incentives. North Carolina has a history of supporting this system, as John…
    Brenee Goforth, June 5, 2019
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on the state treasurer’s response to the high-profile feud between Vidant Health and the UNC System. John Hood’s Daily Journal urges N.C. policymakers not to play favorites with business taxes.
    Mitch Kokai, June 5, 2019
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    Can Medicaid handle another recession?

    A new budget for fiscal years 2019 and 2020 is currently working its way through the North Carolina General Assembly (See here and here for more). Lots of discussions during budget negotiations have focused on long term sustainability…
    Jordan Roberts, June 4, 2019