Liberty
Does Obama know the difference between wealth and income?
Last night in the SoU address the president said that we can not make tax breaks permanent for the wealthiest two percent of Americans. Does he mean the top two…
Tax bracket
Budget, Taxation & Economy
Tax hikes make no sense as state struggles with high unemployment
RALEIGH — North Carolina lawmakers would do nothing to help the state’s unemployment problem, if they move forward with proposed tax hikes in the final state budget. That’s the assessment…
Liberty
Yes! Investors Win!
Charlotte being a banking town and all, it is good news that the House passed an extension of the vital 15 percent tax bracket for dividends and capital gains. The…
Budget, Taxation & Economy
C’s are for Taxes: Temporary Taxes Yield Lower Grades
The state of North Carolina and our governor, Mike Easley, received mediocre grades on two recent report cards. Tax increases that were to be temporary when passed in 2001, but…
Liberty
Read “The Blue-State Tax”
The lead edit in today’s WSJ (online subbers can find it here) details the point I made last week about the alternative minimum tax being a high-tax state gotcha. But…