• 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

    Saving Now for a Better State Budget Tomorrow

    posted September 20, 2017 by Joseph Coletti
    You may have missed the news that North Carolina government had higher revenue and lower spending than budgeted for the third year in a row. When government takes in…
  • 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…
  • John Locke Update

    State Budget Projections Demand Healthy Skepticism

    posted July 27, 2017 by Joseph Coletti
    It’s a tale of two state budget pictures. A new report from the Mercatus Center at George Mason University compares North Carolina’s fiscal solvency to those of other states. Meanwhile,…
  • John Locke Update

    Best Practices for Better Budgets

    posted July 20, 2017 by Joseph Coletti
    Since nonpartisan staff at the General Assembly presented a five-year projection of spending and taxes, editorials and comments from state legislators make it clear that long-term estimates of spending and…
  • Research Report

    A New State Budget Based On Time-Tested Principles

    posted July 11, 2017 by Joseph Coletti
    In his 1985 address to the North Carolina Foundation for Research and Economic Education (NC FREE), Gov. James Martin laid out three keys to a more conservative view of government.
  • Research Report

    The Special Interest Effect

    posted July 5, 2017 by Dr. Roy Cordato
    What do subsidies for “green” energy, mandated health insurance benefits, and quotas on imported sugar all have in common? Most obviously, all three policies generate a wealth transfer from the…
  • John Locke Update

    Budgeting for the Long-Term

    posted June 22, 2017 by Joseph Coletti
    It is easy to become complacent, to think that things now are as they always have been and always will be. But as Heraclitus and Disney’s Pocahontas both remind us,…
  • Research Report

    Consensus-Based Budgeting

    posted June 13, 2017 by Joseph Coletti
    How consensus-based budgeting works Most people are familiar with the concept of logrolling: accepting someone else’s proposal to get their acceptance of yours. In government, it often means more programs…
  • John Locke Update

    N.C. Senate Budget: Tax Cuts and Spending Restraint

    posted May 17, 2017 by Joseph Coletti
    The Senate budget spends $22.9 billion, up 2.5 percent over the 2016-17 budget and 3.75 percent over actual spending.  Like Gov. Roy Cooper’s budget, it raises pay for teachers and…

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