• John Locke Update

    Expensing Should be a Permanent Part of the N.C. Tax Code

    posted March 8, 2018 by Dr. Roy Cordato
    A couple of weeks ago, I argued that North Carolina’s legislature should “one-up” Congress and the Trump administration when it comes to tax reform by abolishing the state’s capital…
  • Research Report

    Rocky Mount Event Center

    posted December 7, 2016 by Julie Tisdale
    In 2012, residents of Rocky Mount started hearing about plans for an event center. The city council was talking about a project that would spur downtown economic development and…
  • Research Report

    More to do on tax reform: Changing how business expenses are deducted

    posted November 29, 2015 by Dr. Roy Cordato
    North Carolina’s tax code penalizes savings and investment by double taxing their returns— specifically interest, dividends, and capital gains. These biases can only be eliminated by removing savings and investment from the tax base, or by eliminating the returns to saving; for example abolishing the taxation of capital gains.
  • Research Report

    Renewable Energy: Lobby’s report more fog than light

    posted June 3, 2015 by Jon Sanders
    A report circulated among lawmakers by the NC Sustainable Energy Association argues that renewables are not the source of rising electricity bills in the state. However, the report's problems are myriad. State leaders should cut through the noise of tailored industry reports and seek a thorough, comprehensive study of North Carolina energy policy, bearing in mind that ratepayers' chief interest is least-cost, reliable power at the flip of the switch.
  • Research Report

    North Carolina’s Capital Gains Tax: It’s time to consider a change

    posted September 14, 2014 by Dr. Roy Cordato
    Capital gains taxes penalize saving, investment, and therefore entrepreneurship, by imposing a second layer of taxation on equity investment. The most straightforward way to end this bias is to eliminate the tax on capital gains completely.

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