Liberty
Labeling House Tax Bill Modest But Good
Editors at National Review Online assess the U.S. House’s latest major tax proposal. A modest set of tax cuts for businesses and families won a large bipartisan majority in the…
Corporate tax
tax levied on the profits of companies
Liberty
Time to Abandon Economic Protectionism
Ryan Ellis writes for National Review Online about an important step Congress can take to help the American economy. House Ways and Means Committee chairman Jason Smith (R., Mo.) and…
Budget, Taxation & Economy
North Carolina Ranks 2nd Best in Economic Outlook, 10th Best in Economic Performance, in New National Report
The American Legislative Exchange Council (ALEC), along with Dr. Arthur B. Laffer, just released their 2023 annual report of Rich States, Poor States. North Carolina ranks 2nd best in the “economic…
Budget, Taxation & Economy
Cooper Says We Have Enough Money for 18% Spending Increase, But Not Enough For Scheduled Tax Cuts
Governor Cooper released his recommended budget for the biennium today. The General Assembly has already begun budget writing, and the Governor’s recommendations, in this case, are purely political. Even so, it is…
Liberty
Biden Budget’s Tax Hikes Could Be ‘Devastating’
Elizabeth Elkind writes at FoxNews.com about a congressional warning about the impact of President Biden’s budget proposals. The chairman of the House Ways and Means Committee is warning that the…
Budget, Taxation & Economy
North Carolina Among Many Other States Pursuing Lower Taxes
Though the national media often fails to give them attention, state tax reforms are underway across the country. Over the past decade, North Carolina has led the way in state…
Budget, Taxation & Economy
What Changes Can North Carolina Taxpayers Expect in 2023?
The 2021 long session brought North Carolina a “First in Freedom” budget, with pro-growth tax cuts which will continue to reward taxpayers in 2023 and beyond. The 2022 short-session budget, signed into law in…
Liberty
Pending N.C. Tax Cut Attracts National Attention in Forbes
Patrick Gleason of Americans for Tax Reform focuses on positive developments in North Carolina’s income tax structure. Millions of Americans will see their state government take a smaller bite out…
Budget, Taxation & Economy
North Carolina Ranks 10th Best on Tax Foundation Index
The nonprofit Tax Foundation has released its State Business Tax Climate Index each year since 2003, distilling complicated tax environments into a simple and easy-to-understand ranking. The index is focused on how states generate…
Budget, Taxation & Economy
Most Corporate Welfare Deals Fail to Deliver as Promised
Level the playing field and let businesses compete based on the most efficient means of satisfying consumer desires.
Budget, Taxation & Economy
Do States Need an Income Tax?
States with no income tax tend to run much leaner and efficiently.
Budget, Taxation & Economy
Big Corporate Welfare Deals Bad for NC
Big government and big business in bed together represents the politicization of our economy.