A new Civitas Poll of registered, unaffiliated North Carolina voters shows that an overwhelming majority of them support an amendment to the state Constitution which would require a vote of two-thirds majority of both houses of the legislature to approve all income tax rate increases.
The theme that state government is somehow starved of revenue because the pace of revenue growth has fallen off recently due to the recession and sluggish recovery fails to address the big picture, namely: What did North Carolina’s budget growth look like before the economic crash?
This week the NC Senate approved a Taxpayer Protection Act that would enact restraints on the annual growth rate of the state budget. Although different from Colorado's (TABOR) in many important regards, we are re-posting this 2011 article that thoroughly debunks the left's primary claims about Colorado's TABOR experience.
The New Market Jobs Act is designed to encourage investments that would be too risky without the granting of political privilege in the form of a tax credit. The goal, of course, is to encourage more investment in low-income areas, just as federal policies in the last decade encouraged mortgage…
Senate Budget Spends Nearly $700M Less than House, Cuts Taxes, Issues No Debt, Sets More Aside for Rainy Day, Trims Cronyism
Last summer, the IRS seized $107,000 from Lyndon McLellan, who owns a convenience store in Robeson County. He was never accused of criminal activity. Instead, he was ensnared in a law designed to catch drug lords, not honest business people.
Should North Carolina be more reliant on the federal government, or work to be more independent from D.C.? To answer that question, we need to understand how much the state already depends on Washington – and that dependency might be shocking to many NC taxpayers.
Gov. Pat McCrory yesterday released his budget proposal for the next biennium. In odd-numbered years like this one, the legislature passes a two-year budget plan, and the following year will make adjustments to the second year of the plan. The total state budget proposed by McCrory just for the first…
Policies the NC General Assembly should address this session Today marks the opening day for the 2015 “long session” for the North Carolina General Assembly. Legislators will confront many pressing issues, foremost among them will be crafting the FY 2015-17 biennial budget. Following is a list of priorities the Civitas…
By now, most of us have come to expect the left-wing bias of the Raleigh News & Observer. Part of that bias includes efforts to promote their chosen narrative by presenting questionable data while ignoring more relevant facts.