Editors at Issues and Insights ponder population trends in the Golden State under Gov. Gavin Newsom. Over the weekend, we came across two stories about California that, combined, tell you…
Rusty Weiss writes for RedState.com about the cost associated with New York’s bad tax policies. New York has spent years aggressively taxing its wealthiest residents in the name of fairness,…
The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days…
North Carolina’s state government revenues continue to exceed expectations. According to the new state budget Director Kristen Walker, revenues for the current fiscal year that began July 1 are 10%…
The Office of the State Controller this week released its General Fund Monthly Financial Report for the 2021-2022 fiscal year that ended June 30th. Notable data points include: The General Assembly budgeted…
Coffers in Washington overflow with your tax dollars. The latest data from the Congressional Budget Office show considerable increases in tax revenue collected in the first quarter of the fiscal year (October to December).…
The Left insists government is better poised than you to spend more of your hard-earned money. Arguing against tax cuts, North Carolina Justice Center claims the tax cuts in the state’s new…
State revenues continued to outperform last year’s collections in January while appropriations fell, adding over $1 billion to the unreserved fund balance, according to the latest monthly report from the…
Chris Edwards of the Cato Institute explains why the feds should not throw more money at state governments. President Biden and the Democrats are including $350 billion in aid for…
North Carolina state government continued to have strong finances seven months after the economy first began to slow in March. Budget writers should nevertheless be cautious about adding spending commitments,…
The full picture for 2019 income taxes is now available, but it does not provide much clarity about the revenue picture for the rest of FY2020-21. The latest General Fund…
Chris Edwards of the Cato Institute responds to a popular narrative about federal aid. As Congress debates another federal aid package, media stories are portraying state-local governments as facing financial…