Taxes (page 211)

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    JLF releases annual By The Numbers report ranking N.C. cities and counties by tax and fee burden

    Charlotte tops the list again this year as the John Locke Foundation ranks North Carolina’s larger cities based on their local government tax-and-fee burden. While the Queen City is one of five in the large-size category that take more than $2,000 each year per person from local residents, the average…
    Mitch Kokai, February 28, 2012
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    The benefits of eliminating the corporate income tax

    In critiquing President Obama’s corporate tax proposals, Barron’s editorial page editor Thomas G. Donlan offers (subscriber link) a recommendation that should be familiar to Locker Room readers. Lower rates, while a step in the right direction, are insufficient. Closing “loopholes” is also a step…
    Mitch Kokai, February 27, 2012
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    Obama: Hey, Jesus, about that Buffett Rule parable? Never mind.

    Earlier this month Pres. Obama gave the annual prayer breakfast a highly edited snippet from Jesus’ parable in Luke — namely, 19:26b: “I tell you that to everyone who has, more will be given, but as for the one who has nothing, even what they have will be taken away”…
    Jon Sanders, February 22, 2012
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    New Carolina Journal Online features

    Karen McMahan reports for Carolina Journal Online about new executive director Jeanette Doran’s plans for the N.C. Institute for Constitutional Law. John Hood’s Daily Journal discusses two political battles over 1 percent.
    Mitch Kokai, February 22, 2012
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    Split N.C. Appeals Court favors Lumberton in sweepstakes licensing dispute

    N.C. Appeals Court judges split 2-1 this morning in affirming a trial-court ruling favoring Lumberton in its dispute with Internet sweepstakes parlors over privilege license charges. The city enacted a privilege license tax in 2010 that amounts to $5,000 per business location, plus $2,500 per machine. In other…
    Mitch Kokai, February 21, 2012
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    Easton explores a Harvard plan for U.S. competitiveness

    Nina Easton‘s latest Fortune column examines the results of a recent survey of 10,000 Harvard Business School alumni conducted in connection with professor Michael Porter’s U.S. Competitiveness Project. Their words aren’t necessarily what President Obama wants to hear, nor what Republican leaders emphasize, and…
    Mitch Kokai, February 21, 2012
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    The politics of the president’s corporate tax proposals

    An editorial in the latest Bloomberg Businessweek takes President Obama to task for his corporate tax policy. A higher corporate tax rate makes it cheaper to do business overseas, encouraging companies to send jobs abroad. What’s more, higher taxes are largely passed on to U.S. workers…
    Mitch Kokai, February 20, 2012
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    This weekend on Carolina Journal Radio

    A three-judge panel overseeing North Carolina redistricting lawsuits is allowing those cases to move forward. But the judges did not block the May primary election from taking place as scheduled. John Hood analyzes the judges’ ruling in the next edition of Carolina Journal Radio. Michael Sanera discusses recent…
    Mitch Kokai, February 17, 2012