JLF Research Archive

Spending & Taxes

Showing items 26 to 50 of 218

(11.08.11) The Corporate Income Tax: Repeal, Not Reform

North Carolina's corporate income tax should be repealed, not reformed. It violates all basic principles of sound economic policy and open government. It not only imposes a second and even a third layer taxation on many people’s incomes, but it is hidden, dishonest, and inconsistent with informed decision making in a free and democratic society.


(11.01.11) A Quarter-Million More for Montgomery? Secretive county seeks a third tax increase in three years

Montgomery County commissioners have raised the property tax by nine cents over the last three years, from 58 cents to 67 cents per $100 valuation — a 15.5 percent increase. Now the commissioners want voters to approve a quarter-cent sales-tax increase worth an estimated $250,000.


(10.19.11) Durham’s Tale of Two Tax Increases: County seeks $26.5 million’s worth of sales-tax hikes for schools and transit

Durham County commissioners are asking voters to approve two sales-tax increases on November 8. The requested increases would amount to $26.5 million per year in new tax revenues. This request comes amid news that state unemployment has been above 9 percent since January 2009 and is currently 10.4 percent.


(10.12.11) Orange Crush Revisited: County commissioners ask voters a third time for a tax increase

Orange County commissioners are asking voters for a $2.5 million sales-tax increase at a time of high unemployment. Twice before Orange County voters rejected tax increases. Just last November, rural county voters rejected a sales-tax increase by 2 to 1. The ballot offers nothing else for rural voters this time around, while urban voters also must pick candidates for city offices. Commissioners' hopes for a tax increase may hinge on low rural turnout.


(9.14.11) A Blank Check for Buncombe: County commissioners ask voters for a sales-tax increase

Buncombe County commissioners seek voter approval of a sales-tax hike, promising that the $7 million that would be raised would be given to AB Tech for a new building and renovations,. The funds would go into the county’s general fund, however and could be spent on any legal purpose.


(6.21.11) An overriding budget: FY 2011-13 budget review

The General Assembly's no-tax-hike budget sets North Carolina state government on a more sustainable course than the one Gov. Beverly Perdue and her allies supported. It avoids an $850 million tax increase Gov. Bev Perdue sought, which means $200 less in taxes per household. General Fund spending totals $19.5 billion, two percent less than Gov. Perdue's original, $19.9 billion proposal.


(5.10.11) Taxers’ Choice in Cabarrus: If the sales-tax increase fails, county threatens to hike property taxes

Commissioners of debt-ridden Cabarrus County want taxpayers to bail them out by approving a quarter-cent sales tax increase on May 17. If the voters do not approve the tax increase, commissioners threaten to hit them with a 2.2-cent property tax increase.


(5.09.11) An Economic Analysis of State Tax Changes in North Carolina

The John Locke Foundation asked The Beacon Hill Institute at Suffolk University (BHI) to use its North Carolina State Tax Analysis Modeling Program (NC-STAMP®) to analyze three state tax proposals. The tax changes would provide a powerful stimulus to the North Carolina economy. Employment would increase by 14,922 in 2012, and when fully implemented in 2013 would create 17,016 by leaving more money in the hands of the state’s households and businesses. The combination of individual income tax and sales tax changes would increase real disposable income by $1.1 billion in 2012 and $1.6 billion in 2013. (Revised May 10, 2011)


(3.15.11) By the Numbers: What Government Costs in North Carolina Cities and Counties FY 2009

County and municipal governments provide many key services while taking in billions of dollars in revenue, but finding comparative data is hard. That's why this report provides information of how much local government costs in every city and county in North Carolina.


(2.21.11) Protecting Families and Businesses: A Plan for Fiscal Balance and Economic Growth

This budget proposal would spend $18.4 billion and return spending to the same levels, adjusted for population and inflation, as in the mid-1990s. In addition to ending the temporary sales tax and income tax surcharges, this budget would reduce the tax rates on personal and corporate income, setting the stage for future tax reform.


(2.02.11) Just Not Worth the Gamble: The NC Education Lottery's many problems have a common solution

The North Carolina Education Lottery was sold as a way to boost education spending, but N.C. boasts the same problem found in other lottery states: a declining rate of spending for education, especially in comparison with the rest of the state budget. Furthermore, poverty, unemployment, and property tax rates remain the best predictors of lottery sales.


(11.12.10) The First 100 Days: Eleven Action Items for the 2011 Legislative Session

This report highlights eleven action items that North Carolina’s new General Assembly should seek to implement in the first 100 days of the 2011 legislative session. These items touch upon a cross section of public policy areas, including education, economic development, property rights, energy and the environment, health care, the budget, and transparency. We at the John Locke Foundation believe that these items represent straightforward actions that would greatly enhance the liberty and prosperity of North Carolina’s citizens.


(10.18.10) A Million Wasn’t Enough? Montgomery County commissioners want even more tax money

Montgomery county commissioners have raised the property tax by nine cents over the last two years, from 58 cents to 67 cents per $100 valuation — a 15.5 percent increase. Now the commissioners want $225,000 tax increase (an amount about the same as another one-cent increase in the property tax). If voters approve this tax increase, the total tax increase over the last three years would be $2.1 million.


(10.14.10) Speculators’ Tax in Alleghany? County commissioners seek tax grab based on guesses

Alleghany County commissioners are asking county voters to approve a $160,000 tax increase at a time of high unemployment. That amount would be equal to a property tax increase of 0.9 cents per hundred dollars of value. County operating budget appropriations for fiscal year 2011 are $570,274 higher than in fiscal year 2009 – an amount 3.5 times as much as what the tax would generate.


(10.14.10) Tax First, Duck Questions Later: Highly secretive Clay County wants voters to approve a tax increase

Clay County commissioners are asking county voters to approve a $200,000 tax increase at a time of high unemployment. That amount would be equal to a property tax increase of 1.4 cents per hundred dollars of value.


(10.13.10) A Taxing Legacy in Cherokee: County voters face vote on higher taxes proposed by rejected commissioners

Outgoing Cherokee County commissioners are asking voters to approve a $600,000 tax increase, an amount equivalent to a property tax increase of 1.5 cents per hundred dollars of value. County voters already rejected all three county commissioners who proposed the tax hike, but those lame-duck commissioners have since committed nearly $10 million to expand and renovate the courthouse.


(10.13.10) Get the Math Right: Columbus County leaders are wrong about proposed tax hike’s size, need

Columbus County commissioners are overselling the value of a proposed tax increase to voters by at least $300,000. County commissioners have repeatedly said the new quarter-cent sales tax increase would raise $1.0 million, but recent county estimates suggest the tax would bring in about $700,000. That would be equivalent to a 2.2-cent property tax rate increase.


(10.12.10) Strike Four? Despite three strikes on tax hikes, Harnett County officials try again

Harnett County commissioners are asking county voters to approve a $1.2 million tax increase at a time of high unemployment. This amount is equal to a property tax increase of 1.8 cents per hundred dollars of value. This is the third time county officials have sought a higher sales tax and the fourth vote on higher taxes since 2007. Voters soundly rejected each of the earlier attempts.


(10.12.10) A Question of Trust: Alamance County commissioners don’t trust voters; can voters trust them?

Alamance County commissioners are asking county voters to approve a $2.4 million tax increase at a time of high unemployment. This amount is equal to a property tax increase of 1.9 cents per hundred dollars of value. The three commissioners who supported the tax hike rejected a public hearing on the referendum.


(10.11.10) Tax Hike in Person Would Be Bad for Small Business: Three of Five Commissioners Agree

Person County commissioners are asking county voters to approve a $675,000 tax increase at a time of high unemployment. This amount is equal to a property tax increase of 1.8 cents per hundred dollars of value. The commissioners voted 3-to-2 to put the tax increase to a vote of the people, but three commissioners expressed concerns that this tax increase would harm Person County small businesses during this weak economy.


(10.07.10) An Unnecessary Tax Hike: Bladen commissioners go back on their ‘No Tax Increase’ promise

Bladen county commissioners are asking voters to approve a $375,000 tax increase. Commissioners are asking for a tax increase while ignoring the county manager’s proposed fiscal year 2011 budget that fulfills the commissioners’ “No Tax Increase” pledge. Bladen County schools have adequate funding from federal, state, and lottery sources; in fact, federal funds alone bring in three times the amount received from the tax increase.


(10.06.10) Third Time’s Not the Charm: Guilford County still needs better spending, not higher taxes

Guilford county commissioners are asking for an $11.6 million tax increase at a time of high unemployment. In 2008, they twice asked voters to pass a tax increase, but by large majorities, the voters turned them down. To illustrate the commissioner’s inability to manage spending and the debt, the county will exceed its debt guideline every year from 2012 to 2016.


(10.05.10) Orange Crush: Tax hike would crush taxpayers and county economy

Orange County commissioners are asking voters for a $2.3 million tax increase at a time of high unemployment. Since the special county taxing authority was established by the legislature in 2007, voters have turned down 68 of 85 requests for tax increases, sending the message that county commissioners must be more responsible stewards of taxpayers’ hard-earned money.


(8.18.10) Boone-Doggle: Watauga County’s proposed $1.9 million tax increase

Watauga County commissioners want voters to approve a $1.9 million sales tax increase to build new recreational facilities. If past is prologue, this new money will not be spent wisely. Watauga County commissioners recently approved the most expensive high school ever built in the state, and they did so without a vote of taxpayers.


(7.28.10) Robeson County’s Vote to Increase the Sales Tax: Would you buy a used car from these guys?

Robeson County officials want a quarter-cent sales tax hike and promise a two-cent reduction in the property tax rate. The net effect would be like a two-cent property tax hike, since the sales tax increases would bring in an additional $2.3 million a year, while the reduction in property tax revenues would be only $1.2 million. Robeson County taxpayers have already been hit with a two-cent tax increase with revaluation, so a vote to approve the sales-tax hike would mean a $2.3 million tax increase from last year.


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