• John Locke Update

    2019 Budget Preview: Keeping Momentum on Tax Reform

    posted February 19, 2019 by Joseph Coletti
    While caution remains the budgetary watchword this session, legislative leaders will look for ways to sustain the momentum for tax reform. On Wall Street, companies can see their share prices…
  • Research Report

    Tax Cuts for All: Tax Reform Means Savings to All NC Income Groups

    posted January 15, 2014 by Dr. Roy Cordato
    The average North Carolina household in every income category received a tax cut from the 2013 tax reform. Considering both 2011 and 2013 tax changes, the average household in both the lowest and highest income categories is receiving a tax cut of about 1 percent of income.
  • Press Release

    No-tax-hike budget sets N.C. government on better course

    posted June 20, 2011
    RALEIGH — The General Assembly’s no-tax-hike budget sets North Carolina state government on a more sustainable course than the one Gov. Beverly Perdue and her allies supported. The John Locke…
  • Research Report

    An overriding budget: FY 2011-13 budget review

    posted June 20, 2011 by Joseph Coletti
    The General Assembly's no-tax-hike budget sets North Carolina state government on a more sustainable course than the one Gov. Beverly Perdue and her allies supported. It avoids an $850 million tax increase Gov. Bev Perdue sought, which means $200 less in taxes per household. General Fund spending totals $19.5 billion, two percent less than Gov. Perdue's original, $19.9 billion proposal.
  • Research Report

    Protecting Families and Businesses: A Plan for Fiscal Balance and Economic Growth

    posted February 20, 2011 by Joseph Coletti
    This budget proposal would spend $18.4 billion and return spending to the same levels, adjusted for population and inflation, as in the mid-1990s. In addition to ending the temporary sales tax and income tax surcharges, this budget would reduce the tax rates on personal and corporate income, setting the stage for future tax reform.

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