Taxes (page 9)

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    New Carolina Journal Online features

    Will Rierson reports for Carolina Journal Online on a Hometown Debate focusing on a proposed state constitutional amendment to lower the cap on North Carolina’s income tax rate. John Trump’s Daily Journal explains why suggestions to strengthen libel laws amount to efforts to stifle free speech.
    Mitch Kokai, October 18, 2018
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    States should be able to tax services, not just stuff

    Arizona voters could choose to become only the second state to exclude services from sales taxes. One of the basic principles of taxation is to have a low rate and a broad base. [P]olicy experts warn that such a ban limits a state’s revenue-raising options and could actually be…
    Joseph Coletti, October 17, 2018
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    Daily Journal: State’s fiscal health depends on more than just one politician

    Carolina Journal reported last week that North Carolina now holds a No. 9 ranking in the country for it’s fiscal health, from the free-market Mercatus Center at George Mason University. From John Locke Foundation’s Mitch Kokai: The overall ranking attracted attention from Senate leader Phil Berger, R-Rockingham,…
    Anna Manning, October 16, 2018
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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