Some people refuse to learn from their mistakes or the mistakes of others. Several Democrats in the North Carolina General Assembly have introduced a bill that would levy a new,…
Well-known leftist politicians are proposing ideas for major income tax hikes, such as adding a new top rate of 70 to 80 percent on the very rich. But JLF’s Roy Cordato…
A lot has been written about the proposals being made by leftist politicians like Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders to add a new top rate of 70-80 percent…
It has been four weeks since Gov. Cooper unveiled his budget, and yet he and the press continue to refer to his tax proposal as applying only to people who earn…
JLF’s Joe Coletti offers a primer on key components of proposed federal tax relief for middle-class families and businesses. He explains why the plan would make taxes simpler for most and offers suggestions for improvement. First,…
You had to wade through a relatively long Daily Journal Tuesday to reach a key piece of information about the relative N.C. income tax burdens of high-income and low-income taxpayers.…
My thanks to N.C. House Minority Leader Darren Jackson, D-Wake, who tweeted the apparent source of the governor’s remarks. Here are the numbers based on actual tax filings. A single…
When telling a story involving data, it’s often a good idea to step back and ask whether particular data points illuminate or mislead. Sometimes even an interesting data point would…
Is the the idea of a “progressive flat tax” an oxymoron? The typical argument for a broad-based flat-rate income tax, also called a single rate or proportional tax, is that…
One of the reasons why health care expenditures keep on climbing is because employer-sponsored health insurance is a tax-free employee benefit. Forbes contributor John Goodman explains: “Take a worker in the…
Is anyone else tired of the left’s continued accusations that the 2011 General Assembly’s $50k tax break to help small businesses went to help wealthy law firms and millionaires instead? …
Regular readers in this forum know the value of pursuing tax reform that limits disincentives to work, save, and invest. An article in the latest Forbes titled “Tax Bracket Magic”…