Liberty
Harvard’s tax status should be left to Congress
Editors at National Review Online critique President Donald Trump’s latest attack on an Ivy League school. The war between Donald Trump and Harvard may be entering a new phase. Just…
Internal Revenue Code
portion of the United States Code that codifies the domestic federal tax statutes of the United States
Budget, Taxation & Economy
Biden’s tax plan would touch the middle class
Daniel Pilla explains at National Review Online how President Biden’s tax proposals would affect more than just “the rich,” regardless of his administration’s rhetoric. President Biden’s promise to raise taxes…
Regulation
Preserving Donor Privacy in North Carolina
Executive Summary Donor privacy protects our expressive rights, especially with regard to matters of public policy. Unfortunately, entrenched political interests have often successfully undermined that protection by forcing policy and…
Budget, Taxation & Economy
CJ Reports: Is Cooper’s revenue department rejecting legitimate tax credits?
This week, Carolina Journal’s Don Carrington reported on the potential denial of as much as $500 million in renewable energy tax credits to investors. Carrington reports: For two decades, the…
Budget, Taxation & Economy
York explores fight over Trump tax returns
Byron York of the Washington Examiner contends congressional Democrats are preparing for the “ultimate fishing expedition.” Yes, Democrats want to start a new investigation into already-under-investigation Trump-Russia allegations. And yes,…
Budget, Taxation & Economy
New Carolina Journal Online features
Dan Way reports for Carolina Journal Online on state Senate leaders’ pay-as-you-go alternative to a statewide school construction bond. The Daily Journal explains how U.S. Rep. Alexandria Ocasio-Cortez’s proposal for…
Budget, Taxation & Economy
A Modest Proposal for Pro-Growth Capital Gains Tax Reform
It’s double taxation, it’s unfair, and North Carolina should do something about it. From Roy Cordato comes this commentary about much-needed capital gains tax reform. Here’s why: In North Carolina,…
Budget, Taxation & Economy
Dems’ attempt to thwart federal tax reform
Brian Riedl writes at National Review Online about four states’ legal action to overturn a key piece of the 2017 federal tax reform. Just when you thought politics in 2018…
Regulation
Trump deregulation would eliminate nearly 300 IRS rules
The Treasury Department answered Trump's call to review significant tax rules and take appropriate steps to mitigate their harms. This week Treasury announced that it had targeted 298 rules for…
Budget, Taxation & Economy
A defense of carried interest
Financial analyst and certified public accountant Daniel Mazzola explains for Barron’s readers why carried interest doesn’t deserve its bad rap. Let’s look at the topic from the point of view…
Budget, Taxation & Economy
Education Tax Deductions on your NC Taxes explained
Since NC uses the federal AGI when calculating income taxes, each year updates must be made to adjust for any changes to the Internal Revenue Code. Here are details of…
Budget, Taxation & Economy
Murdock pushes a simple tax plan
You want simplicity in your federal tax code? Deroy Murdock has a deal for you. He explains in a column posted at National Review Online. Under the new GOP Congress,…