• Research Report

    Regulation in North Carolina: A Primer

    posted February 28, 2001 by Michael Lowrey, John Hood
    Like taxes, state and local regulations have an enormous impact on the average citizen as well as on businesses, especially small business — the key to job creation in a vibrant economy. In many ways, regulations are a more onerous and hidden way than taxes for the state to take resources out of the private sector to accomplish what is at least a purportedly public objective.
  • Research Report

    Virginian Red Herring: Cross-Border Sales Poor Reason For N.C. Lottery

    posted February 11, 2001 by Michael Lowrey, John Hood
    One of the most common arguments in favor of a state lottery for North Carolina is that the Virginia Lottery attracts as much as $100 million in lottery ticket purchases from North Carolinians. But this revenue loss is exaggerated and dwarfed by the loss of revenue to out-of-state corporations that North Carolina would experience with a lottery. In reality, Virginia receives at most $34 million in state revenues from N.C. residents, while management fees paid out-of-state for operating a N.C. lottery would be at least $36 million.

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