Taxes (page 217)

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    Laffer likes the 9-9-9 plan

    Famed supply-side economist Art Laffer — of Laffer Curve fame — tells Human Events that he supports Herman Cain’s tax proposal. “Herman Cain’s 9-9-9 plan would be a vast improvement over the current tax system and a boon to the U.S. economy,” Laffer told…
    Mitch Kokai, October 13, 2011
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    JLF critiques Orange County’s $2.5 million sales tax proposal

    Orange County voters have another chance next month to decide whether they want to raise the local sales tax rate by a quarter-cent. A new John Locke Foundation report offers a number of reasons why voters might want to think twice before giving county commissioners additional power to…
    Mitch Kokai, October 12, 2011
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    Education budget changes in national context

    The left-leaning Center for Budget and Policy Priorities recently updated their report on changes to education budgets in 46 states. The report focused on changes between FY2008 and FY2012.  However, the CBPP comparisons of FY2011 and FY2012 budgets are more relevant to the political debate in North Carolina. According…
    Terry Stoops, October 11, 2011
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    Kudlow spreads the good cheer

    If you’re in a funk about the current state of the economy and the government’s approach to it, you might want to skip the closing paragraphs of Lawrence Kudlow‘s latest column: According to Rasmussen, fewer than half believe their homes are worth more than…
    Mitch Kokai, October 7, 2011
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    This weekend on Carolina Journal Radio

    Several North Carolina counties are asking voters in November for permission to raise the local sales tax. Michael Sanera critiques the sales pitch offered for those tax hikes during the next edition of Carolina Journal Radio. Roy Cordato discusses a new legislative study of North Carolina’s certificate of…
    Mitch Kokai, October 7, 2011
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    Buncombe school board to support tax increase?

    Tonight, the Buncombe County school board will vote on a resolution to support raising the county sales and use tax by one-quarter cent. County residents will vote on the referendum next month. If voters approve the measure, the Buncombe County Schools will not receive any of the money.  County commissioners…
    Terry Stoops, October 6, 2011
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    Hayward tackles the liberal misappropriation of the Reagan record

    Steven Hayward has been “astonished” by liberals’ apparent admiration for Ronald Reagan in recent years, including President Obama’s efforts to emulate the 40th president. In the latest Commentary cover story (subscriber link, Hayward explores the liberal “misappropriation” of Reagan, including Obama’s use of Reagan’s words about…
    Mitch Kokai, October 5, 2011
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    York examines Cain’s 9-9-9 plan

    Byron York‘s latest Washington Examiner article takes aim at Republican presidential candidate Herman Cain’s tax plan, which would “throw out today’s tax structure and replace it with a 9 percent income tax, a 9 percent business tax, and a 9 percent national sales tax. Cain would eliminate capital…
    Mitch Kokai, September 30, 2011