Budget, Taxation & Economy
At the state legislature, Locke advocates for limiting the expenditure of tax dollars and strictly limiting its tax burdens on families and businesses.
Examining the NCInnovation Controversy: Debunking the Massachusetts Life Science Center Comparison
Another failed attempt by NCInnovation to justify the proposed $1.4 billion in taxpayer funds.
North Carolina’s “Top State for Business” Ranking Further Undercuts the Case for NCInnovation
With such a business-friendly climate, why would NCInnovation even be necessary?
NC Income Growth Continues to Outpace National Average Since Tax Reforms
Recent data shows how NC's per capita income continues to outpace the national average.
Would Public Funding for NCInnovation Violate NC’s Umstead Act?
There are several reasons to oppose the proposed $1.4 billion appropriation to NCInnovation. One of them may be the questionable legality of such an arrangement. NC’s Umstead Act prohibits state…
Tax Foundation: How NC Can Continue Its Pro-Growth Tax Reform Legacy
What NC can do to remain a national leaders in tax reform.
Latest VinFast News Provides Another Red Flag for NCInnovation
NCInnovation touted the failing VinFast as a great success story of "intentional innovation effort."
TABOR Amendment Receives Hearing, No Promise for Vote
A spending cap would be a welcome restraint on the growth of state government.
Six Important Fixes for the NCInnovation Budget Proposal
Before there’s any further discussion about the NCInnovation appropriation, the following concerns should be addressed.
Four Key Differences Between the House, Senate, and Cooper Budget Proposals (FY 2023-25)
The North Carolina House, Senate, and governor have each released their budget proposals for the upcoming biennium. The price tags, tax cuts, teacher pay increases, and savings from these budgets…
April’s Jobs Report Explained
North Carolina’s unemployment rate decreased again in April from March’s rate of 3.5% to 3.4% according to the latest release from the North Carolina Department of Commerce. The national rate also decreased…
Strong Business Startups in North Carolina Continue at Near-Record Levels
North Carolina Secretary of State Elaine Marshall announced during this month’s small business week that new business filings are still at near-record levels in North Carolina. During the first four months of…
Senate Budget Proposal Emphasizes Income Tax Cuts, Workforce Training, New Reserves
The North Carolina Senate released its biennium budget proposal this week as scheduled, with the expectation of meeting with the state House to establish a conference budget before the current…