• John Locke Update

    Putting a Limit on Government Spending

    posted June 15, 2018 by Joseph Coletti
    Large majorities of North Carolina voters support enshrining additional rights and responsibilities in the state constitution in the latest polling by the Civitas Institute. Three-quarters of respondents said people should…
  • John Locke Update

    Tax Fairness and the North Carolina Constitution

    posted April 26, 2018 by Dr. Roy Cordato
    When it comes to debates over tax reform or tax cuts (rarely for tax increases), it is quite typical for questions of fairness and justice to be part of the…
  • John Locke Update

    Recent Federal Tax Reforms: Good Enough? Fair Enough?

    posted April 19, 2018 by Dr. Roy Cordato
    The following is the transcript of a talk given on April 16, 2018 at Western Carolina University for WCU’s Center for the Study of Free Enterprise: In any discussion of…
  • John Locke Update

    The Good and the Bad of the House and Senate Tax Bills

    posted November 30, 2017 by Dr. Roy Cordato
    I just came across this summary/comparison of the House and Senate’s tax reform proposals published by Forbes. It is really quite good at laying out the details in a…
  • John Locke Update

    What You Need to Know about the Federal Tax Reform Proposal

    posted September 28, 2017 by Joseph Coletti
    Most conservative and libertarian groups opposed ObamaCare repeal efforts because they did not go far enough to dismantle state intervention in health care. Rand Paul took the same line. John…
  • John Locke Update

    How to Reduce Taxes on Savings

    posted August 17, 2017 by Joseph Coletti
    Americans spent 2.6 percent more on goods and services after adjusting for inflation in the three months through June than in the same period a year ago, but…
  • Research Report

    Progressivity And The Flat Tax

    posted December 13, 2016 by Dr. Roy Cordato
    Is the the idea of a “progressive flat tax” an oxymoron? The typical argument for a broad-based flat-rate income tax, also called a single rate or proportional…
  • Research Report

    The Consumed Income Tax: Efficient and Fair Tax Reform for North Carolina

    posted April 2, 2012 by Dr. Roy Cordato
    North Carolina’s state income tax penalizes people’s income generating activities, those that lead to the production of goods and services and spur economic growth. By reducing the rewards to all income-generating activity — work, saving, and investment — the income tax discourages those activities relative to non-income generating activities — leisure and consumption. The tax that should be adopted as a replacement for the existing income tax is what is called a “flat rate consumed income tax.”

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