For savers, compounding interest can be a great thing. It helps to accelerate the rate of increase of your money in the bank. For state budgets, however, the concept of compounding budgetary increases can rapidly create out-of-control spending obligations. For state budget writers tempted to think it safe to increase spending by, say, 4.5 percent […]
Agriculture is still considered vital to North Carolina’s economy, but how big of a role does it play, and what are the key drivers of NC agriculture? Test your knowledge with this week’s Civitas Quiz.
Gamblers on a losing streak often resort to desperately making riskier bets to try to make up for their previous losses – a move that rarely pays off and which usually leaves them even poorer. Senate Bill 558, Treasurer’s Investments, appears to mimic the risky behavior of the desperate gambler. Sponsored by Sen. Ralph Hise […]
May 2, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org Raleigh — Results from the Civitas Institute’s latest poll show overwhelming opposition to North Carolina’s program of taxpayer-funded political campaigns. “These latest poll results continue a trend of consistently high opposition to taxpayer funds being used to finance political campaigns,” said Civitas Policy […]
House Resolution 836, Support Restoration of Glass-Steagall Act, is a fact-free proclamation seeking to perpetuate a harmful myth surrounding the financial collapse of 2008. Sponsored by Reps. Jeff Collins (R-Nash), Mitchell Setzer (R-Catawba), Robert Brawley (R-Iredell), and Rodney Moore (D-Mecklenburg), the Resolution would have the General Assembly urge “the United States Congress to enact legislation […]
April 25, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org RALEIGH – A new poll by the Civitas Institute examined North Carolina registered voters’ attitudes about key political leaders. The poll of 600 registered voters was taken April 20-22, and had a margin of error of plus-minus 4 percent. “Gov. Pat McCrory continues […]
North Carolina's state budget is discussed among politicians in the capitol. Take Civitas Institute's online interactive quiz and see how much you know.
April 9, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org RALEIGH – A new internet commercial from the Civitas Institute regarding tax reform has garnered thousands of views in less than two weeks. The video touts the benefits to hard-working North Carolinians from the elimination of the state income tax. The 30-second spot […]
In the second and final part of this Civitas video interview with Dr. William C. Padgett regarding North Carolina's Certificate of Need (CON) laws, Dr. Padgett discusses the multiple benefits an appropriate assisting living facility would bring to his community. These benefits are being denied, however, by the state's CON laws. Dr. Padgett concludes by urging state lawmakers to form a study committee to seriously evaluate the negative impact CON laws have on the provision of appropriate facilities for North Carolina's elderly and frail population.
April 3, 2013 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 Brian.Balfour@NCCivitas.org RALEIGH – A new poll by the Civitas Institute examined North Carolina voters’ views of state and national leaders. Among the key points, Gov. Pat McCrory holds a strong favorability rating, with 56 percent of voters holding a favorable view, and 25 percent […]
This week’s Bad Bill of the Week is SB 362, Study Energy Efficiency Standards. Sponsored by Sen. Eleanor Kinnaird (D-Orange), this bill would create a study of an ineffective “tiered” billing format for electricity, impossible goals for electricity-use reduction, and an ambiguous “pollution tax.” Tiered electricity rates mean that the more electricity you use, the […]
“Changing policy through our budget.” That’s how newly elected Governor Pat McCrory described his first state budget proposal at a press conference Wednesday morning. McCrory’s plan would increase year-over-year spending by nearly half a billion dollars while not raising taxes. Most of the policy “changes” are focused on education. Total General Fund expenditures for fiscal […]
This article originally appeared in the Raleigh News and Observer. North Carolina’s tax structure is almost assuredly going to receive an overhaul in 2013. Legislative leaders and newly elected Gov. Pat McCrory have made no secret of this. It is vital, however, that while addressing the revenue side of the state’s ledger, they don’t ignore […]
How much do you know about the state income tax? Test yourself – and learn all about the history and mechanics of the state income tax.