Taxes (page 227)

The nation’s second and third presidents visited Raleigh last night to debate significant political issues that still impact American life 200 years after John Adams and Thomas Jefferson served as the “chief magistrate” of the United States. The John Locke Foundation and N.C. History Project sponsored this “living history” event…

As the occupiers have crowed about the 1 percent and 99 percent, some of their critics have focused on two other percentages: the 53 percent of Americans who pay federal income tax and the 47 percent who don’t. Ramesh Ponnuru‘s latest National Review Online column suggests…

Discussions of tax proportionality along income lines are not complete without an address of the various credits and welfare payments that offset them. Since these handouts decline as one’s income rises, the rate of marginal taxation is the combination of the increased taxes and the forgone benefits. Sven…

Why does Deroy Murdock believe President Obama and members of the congressional “Supercommittee” might benefit from a trip to a warmer climate? Because of the work of Puerto Rico’s Republican governor, Luis Fortuño. Fortuño was inaugurated on January 2, 2009, just 18 days before…

If you believe that the failure of the supercommittee means the end of life as we know it, as the MSM wants us to believe, you need to read this column by George Will. Sensible people who remember the last grand budget bargain will be dry-eyed about not…

Dan Way reports for Carolina Journal Online about state lawmakers’ interest in cost-saving measures for N.C. community colleges. John Hood’s Daily Journal explores the political Left’s misconceptions about tax fairness.

Twenty-six states intrude on our nutritional freedom by taxing soda at a higher rate than other groceries, and seventeen states do the same for candy. In North Carolina, groceries are exempt from sales taxes, but both candy and soda are not. As if that were not bad enough in “the…

Republicans are the only ones spending much time today talking about a flat tax. Fortune columnist Geoff Colvin says this doesn’t have to be the case. The injection of the flat tax into the campaign makes the issue bitterly partisan, which it should not…