• John Locke Update

    Budget 2019: A Consensus-Based Approach

    posted June 12, 2019 by Joseph Coletti
    Now that the House has officially rejected the Senate’s budget bill, the two chambers soon will begin conference negotiations to set a final budget that likely will be subject to a…
  • John Locke Update

    Budget 2019: Save It, Don’t Spend It

    posted May 22, 2019 by Joseph Coletti
    Tax reform left a number of people receiving smaller refunds (or writing larger checks) this April because many taxpayers inadvertently had too little withheld from their paychecks. On the other…
  • John Locke Update

    Should Lawmakers Grant Local Option Sales Tax Flexibility?

    posted May 14, 2019 by Joseph Coletti
    In 2011, Buncombe County commissioners and the president of the Asheville-Buncombe Technical Community College promised voters that, if passed, a quarter-cent tax increase on the ballot that year would pay…
  • John Locke Update

    Budget 2019: Spotlight on the House Budget

    posted May 13, 2019 by Joseph Coletti
    A $700 million accounting change made the North Carolina House’s $23.9 General Fund budget difficult to compare with past budgets and with Gov. Roy Cooper’s spending proposal. The budget bill…
  • John Locke Update

    Budget 2019: N.C. House Unveils its Spending Plan

    posted May 2, 2019 by Joseph Coletti
    The North Carolina budget remains a work in progress even as the State House votes this week to approve its version and send it to their colleagues in the State…
  • John Locke Update

    N.C. Budget Processes Inspire Federal Reform Recommendations

    posted April 29, 2019 by Joseph Coletti
    Policymakers around the country look to North Carolina’s fiscal example to guide their quests for lower taxes. Restrained spending has made it possible for state government to tax less and…
  • John Locke Update

    Whatever Answer You Want, REMI Can Give it to You

    posted April 24, 2019 by Dr. Roy Cordato
    Recently, I was researching on an economic modeling company called Regional Economic Modeling, Inc., better known as REMI. REMI is one of several companies that produce economic models used by…
  • John Locke Update

    Trade Deficits Can Be Beneficial

    posted April 10, 2019 by Dr. Roy Cordato
    I was recently cleaning out some old files and came across an article on trade deficits and surpluses that I wrote in 1988 while working as an economist with the…

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