capital gains tax

  • Post

    A Modest Proposal for Pro-Growth Capital Gains Tax Reform

    It’s double taxation, it’s unfair, and North Carolina should do something about it. From Roy Cordato comes this commentary about much-needed capital gains tax reform. Here’s why: In North Carolina, capital gains are taxed the same as regular, wage income – at a flat rate of 5.25 percent. Under…
    Donna Martinez, January 15, 2019
  • Post

    Next Move For North Carolina: Abolish The Capital Gains Tax

    Recent federal tax reforms are similar to tax reforms implemented by North Carolina in 2013. Problem is, writes JLF’s Roy Cordato, both the state and the feds have so far failed to reform the double taxation known as capital gains. Time for North Carolina to take the lead…
    Donna Martinez, February 13, 2018