Taxes (page 8)

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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on the N.C. General Assembly’s approval of two new versions of proposed constitutional amendments addressing the state elections board and judicial vacancies. CJ Online reports on a federal three-judge panel’s ruling that opponents have legal standing to challenge North Carolina’s congressional…
    Mitch Kokai, August 28, 2018
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    Is giving always good?

    We have a love-hate relationship with philanthropy, which starts with questions of fairness and has been magnified for the past hundred years by the income tax. One manifestation is the continuing debate over donor-advised funds from community foundations and Donors Trust to the National Christian Foundation and…
    Joseph Coletti, August 24, 2018
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    National Review column praises cap on state-and-local-tax deduction

    Joshua McCabe argues at National Review Online that a new federal cap on state-and-local-tax deductions (both supported and opposed by JLF experts) does more than target “blue” states. As part of the Tax Cuts and Jobs Act of 2017, Republicans capped the state and local tax (SALT)…
    Mitch Kokai, August 24, 2018
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    Recovering trust to reduce taxes

    If we ask government to do less, it will naturally shrink. I keep returning to this basic idea of Richard Cornuelle, who dedicated the bulk of his life to spurring private, non-market-based competition with government. The John Locke Foundation’s mission is to “transform government through competition…[and establish] a better balance…
    Joseph Coletti, August 21, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on a Hoke County school’s recent active shooter drill. The Daily Journal explains that criticism of North Carolina’s flat tax falls flat if it fails to acknowledge that higher-income earners pay much higher effective tax rates.
    Mitch Kokai, August 21, 2018
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    New Carolina Journal Online features

    Kari Travis reports for Carolina Journal Online that an ABC warehouse contractor cited in a recent state audit faced a nearly $8 million federal fine in 2015. The Daily Journal explains why a key argument against a proposed state constitutional amendment assumes massive tax hikes in the state’s…
    Mitch Kokai, August 16, 2018
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    The morality of work requirements

    “U.S. social policy is built on a foundation of values,” AEI’s Michael Strain writes at Bloomberg.com in getting to the heart of why reforming most government programs creates such heated debate.  Most discussion of work requirements, eligibility, and the costs and benefits of social programs begs the questions of personal…
    Joseph Coletti, August 10, 2018
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    Carolina Journal reports: Cooper administration may expand tax collections without legislative approval

    Lindsay Marchello reports for the Carolina Journal that the state Department of Revenue is gearing up to asses sales tax on more out-of-state online retailers who make sales to North Carolina residents, but it is unclear whether the department has the legal authority to do so. NCDOR on Tuesday…
    Anna Manning, August 10, 2018