Taxes (page 6)

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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on Raleigh’s adoption of new regulations for Airbnb and similar short-term rentals. The Daily Journal asks how a state with the nation’s 9th-best fiscal health can have a governor who gets a grade of F for fiscal policies.
    Mitch Kokai, October 16, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on new reports that rank North Carolina No. 9 among the states for fiscal health while giving Gov. Roy Cooper an F grade for his fiscal policies. John Hood’s Daily Journal examines history for clues about likely outcomes in North Carolina’s…
    Mitch Kokai, October 10, 2018
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    Cato flunks Cooper

    The libertarian Cato Institute has assigned N.C. Gov. Roy Cooper an F grade in its latest “Fiscal Policy Report Card on America’s Governors.” Cooper is one of just two Southern governors and eight nationwide to get a failing grade. Here’s Cato’s take on North Carolina’s top chief executive: Governor…
    Mitch Kokai, October 9, 2018
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    Yes, the tax cut is good, but …

    James Capretta of the American Enterprise Institute warns that no one should expect the 2017 federal tax cut to “pay for itself.” The Trump administration and outside supporters have begun making the case that the 2017 tax cut is paying for itself, or nearly so. Republicans should abandon…
    Mitch Kokai, October 1, 2018
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    Cary taxpayers on hook for boutique hotel debt

    The Town of Cary provided loans worth $2.6 million to help open a boutique hotel, the Mayton Inn, in its downtown area. The federal Department of Housing and Urban Development loaned the town $1.4 million of that total. Now the hotel’s owner, Memento Mori has filed for bankruptcy and the…
    Joseph Coletti, September 27, 2018
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    New Carolina Journal Online features

    Julie Havlak reports for Carolina Journal Online that tariffs and trade battles could increase the price tag for North Carolina as it rebuilds from Hurricane Florence. The Daily Journal explains that North Carolina’s leaders have rejected a political philosophy that calls for tax hikes during times of natural…
    Mitch Kokai, September 25, 2018
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    Highway Fund Diversions: Not Too Bad in North Carolina

    In a recent post at Cato.org, Chris Edwards discusses a U.S. Department of Transportation report detailing the “Disposition Of State Highway-User Revenues.” Edwards provides a table showing the rate of diversion in all 50 states. According to the table, 12% of North Carolina highway funds get diverted to…
    Jon Guze, September 20, 2018
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    Daily Journal: Are taxes fair in North Carolina

    John Hood writes for Carolina Journal’s Daily Journal: Wealthy North Carolinians pay a higher share of their incomes in taxes than do middle-income North Carolinians, who in turn have a higher effective tax rate than the poor. For the sake of argument, I’m using calculations from the Institute for…
    Anna Manning, September 10, 2018