taxes

Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of…

If we listen to most commentators on both the left and the right talk about socialism, its moral superiority to capitalism is rarely, if ever, challenged. Typically, the conservative critics…

Sometimes things happen slowly and then all at once, like love or bankruptcy. Sometimes they just happen suddenly, like a car accident or hitting the jackpot on a…

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…

If money talks, then the state budget has a lot to say about education, health care, and public safety in North Carolina. These three areas take $21.9 billion of the…

Gov. Roy Cooper’s proposed budget for fiscal year 2018-19 [1] would spend $1.5 billion more than the current year, raise taxes, divert millions in other funds, increase dependence…

On most days and most roads, most drivers treat posted speed limits as the recommended speed. A person driving at the speed limit can be the slowest vehicle moving on…

The state budget is one of the most important bills the North Carolina General Assembly considers each year. For the current fiscal year, which ends June 30, 2018, the…

Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the…

Typically, “saving American jobs” is the reason given for implementing protectionist trade measures, i.e., tariffs and quotas. The argument goes something like this: foreign producers of a product are offering…