Taxes (page 7)

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    Research Update: Ocasio-Cortez, Sanders, and the Tax Rate Ruse

    Well-known leftist politicians are proposing ideas for major income tax hikes, such as adding a new top rate of 70 to 80 percent on the very rich. But JLF’s Roy Cordato explains that the the tax hit would impact many more people than just those earning $10 million or more. Under…
    Anna Manning, April 1, 2019
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    Tax reform and lower-paid workers

    Bethany Blankley reports for the Washington Free Beacon about the impact of federal tax reform on the lowest-paid workers. For the first time since the Great Recession, lower-end earners are receiving greater benefits than higher-end workers when it comes to take-home pay, according to a leading banking firm.
    Mitch Kokai, March 29, 2019
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    European wealth taxes dropped

    For those who believe American tax policy should follow European countries’ lead, Chris Edwards offers an interesting perspective at National Review Online. Senator Elizabeth Warren is pushing a wealth-tax plan on the presidential campaign trail. She is promising that her tax would counter a rigged political system and…
    Mitch Kokai, March 28, 2019
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    At The Daily Signal: JLF Analysts Urge N.C. Leaders To Reject Medicaid Financing Scheme

    Writing at The Daily Signal, JLF’s Joe Coletti and Jordan Roberts explain another reason why the idea of adding half a million able-bodied, childless adults to North Carolina’s Medicaid program is a poor policy choice: the financing scheme known as the Medicaid provider tax. Supporters argue that expanding Medicaid…
    Donna Martinez, March 27, 2019
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    The media disconnect on consumer expenses

    On the editorial side, media prefer higher taxes and higher costs on families by government policies. But they also have consumer-help desks that report on ways families can save money.
    Jon Sanders, March 26, 2019
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    New Carolina Journal Online features

    Lindsay Marchello and Kari Travis report for Carolina Journal Online on transparency among N.C. governments. The Daily Journal uses a judge’s recent error as the basis for a lesson about tax rates.
    Mitch Kokai, March 12, 2019
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    As expected, Gov. Cooper’s budget includes funding for Medicaid expansion

        As expected, Governor Cooper has included funding for Medicaid Expansion in his newly proposed recommended budget. FY 2019 would require a total of $2.1 billion in funding while the number almost doubles in FY 2020 totaling nearly $4.2 billion. 90% of Medicaid expansion costs are paid for…
    Jordan Roberts, March 6, 2019
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    Higher taxes don’t guarantee better services

    Steven Malanga of City Journal questions a basic premise of the “blue-state model.” [New Jersey Gov. Phil] Murphy’s stance was typical of officials in high-tax states, who’ve long argued that businesses and families care about more than just taxes. They also want quality government service, on this view—and…
    Mitch Kokai, March 4, 2019