Spending & Taxes

Tax reform is always a work in progress as legislators seek to raise revenue for the government without impeding the economy. Business taxes are particularly tricky, in part because businesses…

Advocates for higher taxes and spending were excited to see a new pool of economic activity from which to siphon money, but Gov. Roy Cooper’s Department of Revenue (NCDOR) may…

Walmart has low prices for all kinds of products, from clothing to shoes to groceries and almost everything in between. And the fact is that those who benefit the most…

As part of the US-Mexico trade deal that was announced last week, the Trump administration argued for and won a $16 per hour minimum wage for auto and auto…

While the federal government’s deficit and debt grow, it seems families and state governments have become better savers during the current recovery. North Carolina’s budget picture is improving, with revenues…

Recently, New York Governor Andrew Cuomo accidentally self-reported a serious federal violation. He could face a $100,000 fine. See if you can spot it here: “One of the highlight…

Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of…

If we listen to most commentators on both the left and the right talk about socialism, its moral superiority to capitalism is rarely, if ever, challenged. Typically, the conservative critics…

Time Magazine’s Aug. 6 special issue focuses on the American South. One of the articles is about Georgia’s film production incentives, entitled “How Georgia Became the Hollywood of the…

New research from Kennesaw State University economist John Charles Bradbury finds “little evidence” that movie production incentives help state economies. Bradbury’s research finds that film incentives help film production…