Taxes (page 9)

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    New Carolina Journal Online features

    Dallas Woodhouse reports for Carolina Journal Online on Lt. Gov. Mark Robinson’s decision not to run for U.S. Senate in 2022. The Daily Journal explains how child tax deduction changes in the N.C. Senate’s tax plan would benefit lower-income families most.
    Mitch Kokai, April 20, 2021
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    Five Reasons North Carolina Needs a Taxpayer Bill of Rights

    Legislators last week introduced SB 717, Taxpayer Bill of Rights. The bill would put to a vote of the people in 2022 an amendment to the state constitution that would place sensible restrictions to the annual growth rate of the state budget. Below are five reasons North Carolina needs…
    Brian Balfour, April 19, 2021
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    Proposed Taxpayer Bill of Rights spotlights contrast in governing

    If you want to see the difference in philosophy of government, look first at spending. For a glaring example, compare Gov. Roy Cooper’s big budget blowout with the sustainable spending state senators would enshrine in the state constitution. Cooper’s budget proposal would increase General Fund appropriations $2.9 billion…
    Joseph Coletti, April 15, 2021
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    Refuting myths about the ‘1%’

    In touting his latest proposal to raise taxes on North Carolinians, Democratic state Sen. Wiley Nickel recently offered this claim: “North Carolina Republicans have rigged the system so that those in the Top 1% pay a lower share of state and local taxes than the Bottom 99%. The wealthy need…
    Mitch Kokai, April 15, 2021
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    New Carolina Journal Online features

    David Bass reports for Carolina Journal Online about families’ long-time student learning challenges tied to COVID-19 school closures. Ray Nothstine’s CJ Opinion urges lawmakers to move forward with a plan exempting military retirement pay from state income tax.
    Mitch Kokai, April 15, 2021
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    Biden’s real reason for supporting corporate tax hikes

    Editors at the Washington Examiner offer a compelling explanation for President Biden’s support of higher corporate taxes. Economists will tell you that hiking corporate tax rates doesn’t help the working class or middle class. Budget wonks will tell you that hiking the corporate rate won’t raise very much…
    Mitch Kokai, April 13, 2021
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    N.Y. versus N.C. on taxes

    Patrick Gleason writes in Forbes about contrasting approach to post-pandemic state tax policy. New York Governor Andrew Cuomo (D) and the Democratic-run state legislature in Albany are moving forward with a new budget deal that will raise income taxes in what is already a relatively high tax state.
    Mitch Kokai, April 13, 2021
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    New Carolina Journal Online features

    John Trump reports for Carolina Journal Online on a bill in the N.C. House to reopen state bars and restaurants at full capacity. A new CJ Opinion urges people to consider who pays today’s N.C. tax bills as they judge proposed tax cuts.
    Mitch Kokai, April 13, 2021