Taxes (page 3)

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    Problems tied to climate change taxes

    Chuck DeVore writes for Forbes about the political challenges associated with climate change taxes. The City of Lights, Paris, has been illuminated in recent days by cars set alight by thousands of protesting “Yellow Vests”—largely middle class people who earn their living by driving or who commute to…
    Mitch Kokai, December 10, 2018
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    Charity is the latest victim of our partisan culture

    Charitable giving is lower in places with competitive politics and giving declines among people when their party is in the minority, NC State professor Richard Clerkin and his co-authors found in a recent paper. Another interesting aspect of the study is its presumption that taxes complement charitable giving,…
    Joseph Coletti, December 3, 2018
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    Honeywell and the incentives game

    As N.C. politicians celebrate Honeywell’s decision to relocate its corporate headquarters to Charlotte, they might want to file away Rob Jennings’ latest report at NJ.com. It calls into question government’s ability to use targeted tax incentives to sway business decisions. The planned relocation comes just three years after…
    Mitch Kokai, December 3, 2018
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    An idea for boosting Social Security

    Harvard economist Martin Feldstein offers Barron’s readers suggestions for addressing an unsustainable system of Social Security. If it isn’t politically possible to raise the tax rate to support future retirees with the current structure of benefits, there are only two options to avoid a collapse of the entire…
    Mitch Kokai, December 3, 2018
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    Why charitable contributions are tax deductible

    One of the currently fashionable complaints about charitable and philanthropic giving of even left-leaning billionaires like Jeff Bezos is that the money does nothing to help the poor or reduce income inequality. James Piereson and Naomi Schaefer Riley in an essay at Commentary  argue that charitable giving receives a tax…
    Joseph Coletti, November 30, 2018
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    Cyber Monday and the Internet sales tax

    Have you been busy taking advantage of the CyberMonday deals available online today through Wayfair, Overstock, or other online retailers not based in North Carolina? The North Carolina Department of Revenue (NCDOR) tried to make shopping more cumbersome for you and those companies. Instead of waiting for direction…
    Joseph Coletti, November 26, 2018
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    New York Gov. Cuomo draws the wrong conclusion

    It's not as if Texas was minding its own business and suddenly won the low-tax business-welcoming climate lottery. Texas adopted policies that economists have consistently shown to promote stronger economic growth.
    Jon Sanders, November 16, 2018
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    People give to charities for more than tax deductions

    Nonprofit organizations, like retailers, earn a significant portion of their revenue for a year between Thanksgiving and New Year’s. This was the case even before Giving Tuesday. What better time to consider why people give in the first place? Giving USA estimates that tax reform’s change in the…
    Joseph Coletti, November 16, 2018