• John Locke Update

    The real lesson from Colorado’s Taxpayer Bill of Rights

    posted May 6, 2021 by Brian Balfour
    In the decade for which Colorado’s Taxpayer Bill of Rights was fully in effect, its economy far outperformed the national economy. In contrast, during the decades before and after, Colorado’s economy fell short of the nation’s. Also during the TABOR decade, Colorado taxpayers received more than $3 billion in refunds,
  • John Locke Update

    Ten fat years

    posted May 3, 2021 by Joseph Coletti
    Over the last decade, state legislators held government growth to the rate of growth in inflation and population even while increasing spending on teacher pay and Medicaid. Their restraint made room for rainy-day savings, tax reductions, and economic growth. A constitutional Taxpayer Bill of Rights would preserve North Carolina’s positive momentum.
  • John Locke Update

    Time to make spending restraint a permanent policy for North Carolina

    posted April 20, 2021 by Brian Balfour
    Conservative spending restraint was key to preparing North Carolina for last year’s economic slowdown. Similar restraint could have avoided the fiscal crisis we experienced in the Great Recession. A Tax and Expenditure Limit added to the state constitution could make wise conservative fiscal policy permanent.
  • John Locke Update

    Cooper’s reckless budget, Part 2: A closer look at appropriations

    posted April 13, 2021 by Joseph Coletti
    The largest increase in Cooper's proposed state appropriations would be for employee salaries and benefits. Cooper's proposal does not provide price tags for Leandro or Medicaid expansion. Cooper would also eliminate successful and popular Opportunity Scholarships.
  • John Locke Update

    Cooper’s reckless budget, Part 1: Overview

    posted April 12, 2021 by Joseph Coletti
    Cooper’s 2021-23 biennium budget is more a political statement than a realistic proposal. It would leave state government fiscally fragile and at greater risk of layoffs and tax increases in a future recession.
  • John Locke Update

    Spending, Tax Reform, and the North Carolina Economy

    posted November 25, 2019 by Joseph Coletti
    As the 2020 election season gathers momentum, North Carolina’s tax reforms and demands for higher spending on any number of government programs will be front and center. One example is a…
  • John Locke Update

    Budget 2019: Extra Innings

    posted November 13, 2019 by Joseph Coletti
    The state budget battle has entered extra innings. Gov. Cooper signed and vetoed another batch of mini budgets, the ninth round of budget-related legislation since his first budget veto on…

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