Senior Vice President of Research, John Locke Foundation
It happens every spring: the frantic search for receipts and documents, the debate over whether to prepare tax returns yourself or pay someone else to do it, and the realization of just how much of your hard-earned money has been taken to fund federal, state, and local government. But at tax time, it’s just as important to know what’s to come and how your life will be impacted, for good or for ill. In this conversation, we’ll talk with analysts about the tax-hike plans of the Biden administration and contrast progressives’ higher-is-better approach to taxes with the restrained and taxpayer-focused protections implemented by North Carolina’s fiscally conservative legislative leadership. We’ll hear about the relationship between taxes and economic growth, learn how North Carolina compares with other states, and find out how our state’s small and independent businesses are faring as they weather the pandemic and prepare for a post-COVID-19 economy.