Taxes (page 5)

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    This weekend on Carolina Journal Radio

    Two recent news stories paint a very different picture of targeted tax incentives. While Winston-Salem recently landed a major aircraft industry company without offering a single tax break, S.C. legislators continue to squabble over a multimillion-dollar package designed to lure the Carolina Panthers business operations south of the state line.
    Mitch Kokai, May 3, 2019
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    How to compare budgets

    The State Capital and Infrastructure Fund is creating a load of confusion this budget season. The SCIF (pronounced “skiff”) was created in 2017 to wean the state from debt to pay for capital projects. Each fiscal year, 4% of General Fund tax revenue and 25% of unreserved cash from the…
    Joseph Coletti, May 1, 2019
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    House budget proposal overview

    While the House continues to work on its budget in committee and on the floor, we are analyzing what is in it. Spending would increase 3.1 percent the first year and 4.0 percent the second year, which raises questions on future sustainability, but would remain less than revenues and availability…
    Joseph Coletti, May 1, 2019
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    Daily Journal: Another chance to tout the zero tax bracket

    Mitch Kokai writes on recent tax reform discussion at the Pelican Institute’s policy summit: North Carolina continues to attract national attention for the success of its state-level tax reforms. That means new opportunities to promote key elements of the reform agenda. This observer touted one of the least-publicized pieces…
    Anna Manning, April 24, 2019
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    Who needs electric vehicle tax credits?

    It’s generally accepted that hybrids and fully electric vehicles make the gas tax regressive because buyers tend to have higher incomes and the cars use less gas. Tax incentives for electric vehicles skew the tax burden further onto people with lower incomes. Authors of a new working paper find the…
    Joseph Coletti, April 23, 2019
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    Misleading people about Trump tax cuts

    A New York Post editorial tackles Democrats’ misinformation campaign about Trump tax cuts. Say this for Democrats: They can be very effective — at least, when it comes to misleading Americans on taxes. That’s clear from the wide gap between the number of people who got tax cuts last…
    Mitch Kokai, April 23, 2019
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    New Carolina Journal Online features

    Sam Hieb reports for Carolina Journal Online that Winston-Salem landed a major aircraft industry business without offering tax incentives. The Daily Journal uses a Louisiana case to remind readers about the value of the zero tax bracket.
    Mitch Kokai, April 23, 2019
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    This weekend on Carolina Journal Radio

    School districts across the state must decide again this year how to cope with a planned teacher union walkout in May. Terry Stoops analyzes the May 1 union action for the next edition of Carolina Journal Radio. Donald van der Vaart explains why government-mandated solar energy contracts…
    Mitch Kokai, April 19, 2019