North Carolina's Capital Gains Tax

It's time to consider a change

Capital gains taxes penalize saving, investment, and therefore entrepreneurship, by imposing a second layer of taxation on equity investment. The most straightforward way to end this bias is to eliminate the tax on capital gains completely.

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The Chemicals in Fracking Fluids

Earth and water, you’ll find plenty of both down there

Since the 1940s, over a million wells have used hydraulic fracturing (“fracking”) safely. The chemicals used are about 99 percent water and sand. The rest is a blend of chemical additives, most of which are found in typical household and personal care products.

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State Budget Overview

Teacher compensation and Medicaid drive the 2014-15 budget

For fiscal year 2014-15, North Carolina’s General Fund budget rose 2.2 percent to $21.1 billion. It funded an average teacher salary increase of 7 percent, one of the largest pay raises for North Carolina teachers in a generation, and created a Medicaid contingency fund of $186.4 million.

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Facts on Fracking

Addressing concerns over hydraulic fracturing coming to North Carolina

Along with hopes for new jobs and a stronger economy, the prospect “fracking” in North Carolina has raised concerns. Some are legitimate questions informed by responsible skepticism, but others are fears fanned by activists and pressure groups. This paper seeks to address those questions and concerns.

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The Mechanics of Medicaid

How Medicaid's flawed financial design drives program costs

Medicaid’s fundamental flaws stem from the way in which it is funded, as both state and federal government share the total bill. If Medicaid’s federal share was transferred to North Carolina as an annual block grant, it would allow lawmakers to exercise more control over the program and create a stronger incentive to sort out system waste and abuse.

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North Carolina's E-Cigarette Tax

Where bad tax policy meets special interest politics

North Carolina passed a law during the 2014 legislative session taxing the liquid used in electronic cigarettes at an additional 5 cents per milliliter. This tax will hurt small businesses and violates the most important principle of good tax policy—neutrality. The North Carolina General Assembly should repeal the electronic cigarette tax.

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The Best of Both Budgets

"Reverse logrolling" would help legislators produce a sound spending plan

Reverse logrolling applied to the current state budget would result in a General Fund budget of $20.6 billion and a $667 million surplus, which would allow legislators more flexibility when discussing spending priorities, including teacher pay increases.  It would also allow enough to be set aside in savings and reserves to avoid any unforeseen shortfalls in the next fiscal year. 

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The John Locke Foundation presents

Viewing of the Award Winning Film "Rockin the Wall"

Dr. Larry Schweikart, the prize-winning historian and former drummer for the opening band for Steppenwolf, visits Raleigh with his award winning film, Rockin' the Wall

Rockin’ the Wall is both an engaging history lesson about the Berlin Wall and life behind the Iron Curtain, and an entertaining exploration of the power of rock music as a force for social change and liberation.

When the Berlin Wall went up in 1961, it became the worldwide symbol of communist oppression. While the Wall kept people in, it could not keep Western influences like rock music out. Through Voice of America and Radio Free Europe, rock music penetrated the Iron Curtain with messages of freedom and rebellion.


 

Rockin’ the Wall presents the history of the Berlin Wall through the experiences of well-know rock musicians and those who lived behind the wall. Among the rock musicians featured are Robby Krieger (The Doors), Mark Stein and Vinny Martell (Vanilla Fudge), Rudy Sarzo (Quiet Riot), David Paich (Toto), Jimmy Haslip (Yellowjackets), and the group Mother’s Finest who played in East Berlin just weeks before the Wall fell.

People who lived behind the Iron Curtain in several countries describe what their lives were like and how rock music provided them an important lifeline and inspiration -- giving them hope and exposing the short-comings of the communist system.

The film includes historical footage of the famous speeches at the Berlin Wall by Presidents Ronald Reagan and John Kennedy, as well as interviews with former government officials and with European rocker Leslie Mandoki who recalls being visited by former Soviet leader Mikhail Gorbachev to discuss the power of music.

Features original music written for the film, as well as live music from several of the groups in the film.

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JLF's Roy Cordato calls for N.C. capital gains tax repeal or reduction



'Rockin' the Wall'

Dr. Larry Schweikart, the prize-winning historian and former drummer for the opening band for Steppenwolf, visits Raleigh with his award winning film, Rockin' the Wall

Rockin’ the Wall is both an engaging history lesson about the Berlin Wall and life behind the Iron Curtain, and an entertaining exploration of the power of rock music as a force for social change and liberation.

Click the image below to see the movie trailer.

Sep 11, 2014

A Good Start to a New School Year

Substantial teacher pay raises marked just one of the ways in which state legislators have focused on improving public education in North Carolina.


Sep 04, 2014

Probing the Dip in Ed School Enrollment

Critics of the Republican-led N.C. General Assembly rely on speculation and wishful thinking when they tie recent policy changes to declining numbers of education majors.


Aug 28, 2014

CJ Editorial: Legislators Deserve A Time-Out

Many legislative leaders behaved like petulant children at the end of the short session.


More Carolina Beat >>

Sep 06, 2012

How to downplay an embarrassing story

The N&O buries the one moment of real drama at the Democratic National Convention.


Mar 21, 2012

Death of a narrative

The world's media found the neo-Nazi meme in stories about the school shooting in France just too enticing.


Jan 16, 2012

Anatomy of a Newspaper Hit Piece

In a Sunday piece, <i>The Charlotte Observer</i> employs all the steps used by the mainstream media to mislead readers.


More Media Mangle >>

Who Is John Locke

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