Taxes (page 5)

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    “If you’re willing to take a significant drop in economic activity, I would suggest that”

    Alan Greenspan isn’t wishy washy about the proposal to soak the wealthy with a 70 percent income tax — the idea endorsed by Dem. Congresswoman Alexandria Ocasio-Cortez of New York. From CNBC comes Greenspan’s response to the congresswoman who identifies herself as a democratic socialist: Without getting into the…
    Donna Martinez, January 8, 2019
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    Hood asks whether politicians really want to lead

    John Hood’s Daily Journal focuses on politicians who want to exhibit real leadership.
    Mitch Kokai, December 26, 2018
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    New Carolina Journal Online features

    Carolina Journal Online reports on the N.C. Supreme Court’s ruling upholding the legislature’s power to confirm appointments to Gov. Roy Cooper’s cabinet. John Hood’s Daily Journal explains why the public won’t accept “green” taxes.
    Mitch Kokai, December 24, 2018
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    Taxing out-of-state trusts

    North Carolina’s Department of Revenue (NCDOR) recently claimed the ability to force out-of-state companies to collect sales taxes and set its own rules on how to do that based on a U.S. Supreme Court decision in South Dakota v. Wayfair, Inc. (Wayfair) this past June. Now NCDOR is…
    Joseph Coletti, December 19, 2018
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    A threat to green central planners

    Veronique de Rugy writes at Reason.com about the recent revolt against hardships imposed by “green” government planners. You know you’ve got a problem when your tax schemes are even being rejected by the French. While there’s always a danger in reducing the causes of political unrest to a…
    Mitch Kokai, December 17, 2018
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    GoDurham buses losing money; but the train is coming

    Durham’s transit agency, GoDurham, is cutting routes and changing others as management tries to reduce a budget shortfall over the next five years. Plans for a  $2.47 billion light rail system to connect Durham and Chapel Hill continue to advance. How does that happen? The city started bus routes…
    Joseph Coletti, December 14, 2018
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    This weekend on Carolina Journal Radio

    N.C. legislators have loosed restrictions on the state’s targeted tax incentive program for economic development. Jon Sanders explains why that’s a bad idea during the next edition of Carolina Journal Radio. Terry Stoops offers a firsthand account of North Carolina’s charter school development process. UNC-Chapel Hill business…
    Mitch Kokai, December 14, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on the bill that would shake up membership of boards overseeing N.C. elections and ethics enforcement. Jon Sanders’ Daily Journal ponders N.C. incentives and Apple’s decision to locate its new expansion in Austin.
    Mitch Kokai, December 14, 2018