• 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

    Restore the SALT deduction

    posted January 30, 2020 by Dr. Roy Cordato
    In the shadow of their impeachment vote last month, the U.S. House of Representatives voted on and passed a bill that got few headlines, primarily because it will likely go…
  • John Locke Update

    How Do Tax Cuts Spur Economic Growth?

    posted September 17, 2019 by Dr. Roy Cordato
    It is widely believed, with plenty of evidence to support the hypothesis, that tax cuts spur economic growth. Over the past six decades, tax cut legislation has been implemented by…
  • 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…

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