Budget, Taxation & Economy
Budget, Taxation & Economy
Budget, Taxation & Economy
Upward Revisions to State Revenue Expectations
Yesterday the Fiscal Research Division of the North Carolina General Assembly and the Office of State Budget and Management released a revised revenue forecast for the Fiscal Year 2021-2023 biennium. They concluded…
Research Brief
Budget, Taxation & Economy
The NEA’s “Rankings and Estimates” Report Goes From Bad to Worse
The National Education Association’s 2022 “Rankings and Estimates” report included an average teacher salary figure that was significantly lower than the $55,905 average reported by the North Carolina Department of…
Budget, Taxation & Economy
More Government for Wake County on Your Dime
It’s budget season for North Carolina’s local governments, and some officials are taking the opportunity to propose tax increases yet again. For those in Wake County, this should bring a…
Research Brief
Budget, Taxation & Economy
Four Expensive Covid Policies That Overstayed Their Welcome
During the Covid pandemic, government concocted many costly, “temporary” policies. Many of those have lingered well past their originally promised dates and expanded beyond their stated intentions, such as progressives…
Budget, Taxation & Economy
Let’s Repeal What Remains of the Privilege License Tax
A privilege license tax is essentially a tax imposed for the privilege of conducting business in the state. Building on North Carolina’s tax reform leadership, in 2014, the state’s General…
Research Brief
Budget, Taxation & Economy
Leandro Order Begins to Right the Ship
Last year, Judge David Lee ordered the controller, state treasurer, and Office of State Budget and Management to take $1.75 billion from state coffers without legislative approval and distribute the…
Budget, Taxation & Economy
North Carolina Ranks 2nd in Economic Outlook in New Report
North Carolina ranks 2nd, behind only Utah, in "economic outlook."
Budget, Taxation & Economy
Colorado Workers are Getting Money Back Thanks to a Taxpayer Bill of Rights
Christmas came early this year for Coloradans. Yesterday’s Denver Post read: “single filers will get $400 and joint filers will get $800 this summer in money the state must refund as a…
Budget, Taxation & Economy
Taxes Were Due Yesterday, But the Inflation Tax is Every Day
The Biden administration is laughably calling this the "Putin Price Hike," but nobody outside of the focus group that approved this slogan is buying it.
Budget, Taxation & Economy
Right-to-Work Laws a Boon to Manufacturing
Right-to-work laws are a magnet for manufacturing and construction jobs.
Budget, Taxation & Economy
March Jobs Report
North Carolina’s employment situation improved once again last month as the unemployment rate decreased to 3.5% for March according to the latest data from the North Carolina Department of Commerce. The state…
Budget, Taxation & Economy
More Money for the Wake County Schools? Yes, Superintendent is Asking for More.
That nod to the famous line from Charles Dickens’ Oliver Twist may be what some Wake County commissioners are thinking after learning that Wake County Public School System (WCPSS) Superintendent…