Christmas came early this year for Coloradans. Yesterday’s Denver Post read: “single filers will get $400 and joint filers will get $800 this summer in money the state must refund as a…
Zachary Halaschak of the Washington Examiner reports on a potential side effect of Democrats’ latest scheme to tax the “rich.” A Democratic proposal to tax the unrealized gains of billionaires…
General Fund revenue from state taxes should reach $27.6 billion by the end of June, which would be 16% higher than in FY2019-20, according to the consensus revenue forecast from…
Kyle Smith writes for National Review Online about one interesting outcome of former President Barack Obama’s stimulus policies. The New York Times’ big exposé on President Trump’s tax returns flags…
President Trump heads back to North Carolina next week to stump for the Republican in the special 9th District congressional race. Rick Henderson discusses Trump’s visit and both of the…
North Carolina lawmakers are considering legislation that would refund $900 million to taxpayers. Carolina Journal reporter Lindsay Marchello writes, The bill intends to refund $900 million in surplus tax revenue.…
This week, Carolina Journal’s Lindsay Marchello reported on General Assembly Republicans’ plans to refund part of this year’s state surplus. According to Marchello: General Assembly leaders in a news conference…
Lindsay Marchello reports for Carolina Journal Online on Republican legislative leaders’ plan to offer N.C. taxpayers a refund. Terry Stoops’ Daily Journal debunks back-to-school “fake news.”
My commentary yesterday on the possibility of refunding some or all of the surplus to people has generated some discussion, thanks in part to a simpler version on this blog…
This week, JLF’s Joseph Coletti published a research brief on the possibility of a taxpayer refund in North Carolina. North Carolina has $2.7 billion in unappropriated cash balances and excess…
John Hood’s latest Daily Journal explains why N.C. policymakers should give taxpayers any proceeds from a potential windfall related to a recent U.S. Supreme Court ruling on internet-based sales.
Elizabeth Harrington details for the Washington Free Beacon the disturbing results of recent Internal Revenue Service errors. The Internal Revenue Service issued more than $46 million in erroneous tax refunds…