• John Locke Update

    How Do Tax Cuts Spur Economic Growth?

    posted September 17, 2019 by Dr. Roy Cordato
    It is widely believed, with plenty of evidence to support the hypothesis, that tax cuts spur economic growth. Over the past six decades, tax cut legislation has been implemented by…
  • John Locke Update

    Budget 2019: Mini Budgets Circumvent State Budget Staring Contest

    posted September 5, 2019 by Joseph Coletti
    Despite his protestations, Gov. Roy Cooper has signed three mini-budget bills passed unanimously by the General Assembly. Republican legislative leaders signaled their move to piecemeal budgeting in mid-August when they…
  • John Locke Update

    State Budget Woes: First Kansas, Now Alaska

    posted August 22, 2019 by Joseph Coletti
    Kansas has been criticized since 2012 for cutting taxes irresponsibly, despite a court-ordered increase in education spending. Tax cuts in the Sunflower State may have been larger than circumstances warranted,…
  • John Locke Update

    Budget 2019: Borrowing to Balance the Budget

    posted July 30, 2019 by Joseph Coletti
    In addition to questions of money and Medicaid, the budget stalemate raises a philosophical question: When is a balanced budget not a balanced budget? North Carolina’s state constitution and…

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