• Press Release

    Lottery, Tax Hike Lose in Tuesday Voting

    September 10, 2002
    RALEIGH — Delays may have put North Carolina lawmakers in the unfamiliar position of facing primary challengers in the midst of a legislative session, but candidates’ attempts to use support…
  • Research Report

    Agenda 2002: A Candidate’s Guide to Key Issues in North Carolina Public Policy

    September 9, 2002
    North Carolina’s state budget reflects its governmental priorities. Unfortunately, over the past two decades governors and lawmakers have usually chosen to add new programs to the state budget without considering the merits of existing programs and finding ways to fund higher-priority items by eliminating lower priorities. As a result, the budget has grown by leaps and bounds, interrupted only briefly by retrenchment during recessionary periods, including the past three fiscal years. Until state leaders learn to exercise fiscal discipline or to write fiscal discipline into law via a strong expenditure limit the budget problem will worsen.
  • Research Report

    A Budget No-Brainer: Merge House, Senate Budgets to Eliminate Deficit

    August 26, 2002
    As House and Senate leaders negotiate a final budget package for FY 2002-03, they should resist the usual temptation to "logroll" — to add in spending items favored by the other side — and instead accept the lower of the two chambers' previously approved figures for every department as well as the higher of the two chambers' previously approved fund transfers. With such "reverse logrolling," lawmakers could balance the state budget without a tax increase.
  • Press Release

    “Agenda 2002 Tour” Begins Sept. 3

    August 25, 2002
    RALEIGH — Policy analysts from the John Locke Foundation will discuss taxes, the state budget, property rights, education, the state’s economy, and other key issues this election season in a…
  • Press Release

    Quick Reaction to State Bond Downgrade

    August 18, 2002
    RALEIGH — Today’s decision by Moody’s Investors Service to downgrade North Carolina’s bond rating revealed the pointlessness of last year’s massive $700 million state tax increase, according to two senior…
  • Press Release

    House 2002-03 Budget Plan “Rickety”

    August 5, 2002
    RALEIGH — A proposed $14.3 billion budget revision now being debated in the North Carolina House relies primarily on tax increases, revenue enhancements and one-time savings to eliminate the state…
  • Research Report

    Another Rickety Budget: House Plan Follows Senate Lead on Future Tax Hike

    August 5, 2002
    At this writing, the N.C. House is considering a revised General Fund budget of $14.3 billion, balanced largely by raising state taxes by $166 million, raiding $255 million from highway funds and $156 million from local governments, and achieving net budget savings of $478 million. Unfortunately, the news for taxpayers is likely to be worse next year, given the use of some $666 million in one-time money for expenses likely to recur — setting the stage for another tax increase.
  • Press Release

    Report: Don’t Offer Socialism to Capitalists

    August 4, 2002
    RALEIGH — A Spotlight published today by the John Locke Foundation used the term “socialism for capitalists” to describe a bill proposed by the Easley administration to offer new cash…
  • Research Report

    Socialism for Capitalists: New Incentives Won’t Aid North Carolina Economy

    August 4, 2002
    Gov. Easley's new incentives proposal would put political appointees into the position of doling out special tax breaks that amount to grants of taxpayer money to private businesses. Because of the unpredictable nature of a free-market economy, such a policy cannot claim to boost overall economic growth. A better policy would be to reduce North Carolina sky-high marginal tax rates on personal income, investment, and capital gains - which are among the highest in the country.
  • Press Release

    Locke Foundation on Tobacco Settlement

    July 21, 2002
    RALEIGH — John Locke Foundation vice president Don Carrington, who serves as associate publisher of Carolina Journal, appeared this morning during a segment of ABC’s “Good Morning America” program to…