That's what recent tax reforms have delivered to North Carolina, according to a new academic study released today by the Civitas Institute. The study finds that allowing the ... Keep Reading
tax cuts
NC Holds on to 11th Best Business Tax Climate
The Tax Foundation today released its annual Business Tax Climate Index for 2017. North Carolina was on the verge of cracking the top ten - remaining in the 11th spot. The new ... Keep Reading
NC Median Household Income Growth Tops in US, Since 2013
A week ago, I wrote about some positive economic news pointing toward NC's economy being on a "hot streak." Today, the U.S. Census Bureau released household income data that ... Keep Reading
NC’s Economy Continues Its Hot Streak
North Carolina's economy has experienced ten consecutive quarters of per capita income growth equal to or greater than the national average, the best stretch in 20 years Even ... Keep Reading
NC Job Growth Beating National Average Since 2013 Tax Reform
Progressive critics of North Carolina’s historic 2013 tax reforms are quick to seize on topline unemployment rate figures in an attempt to discredit the rate cuts. But a closer ... Keep Reading
North Carolina’s Unknown Tax Cut Bonanza
In 2013, North Carolina’s unemployment insurance (UI) program was in terrible shape. Like most states, North Carolina borrowed funds from the federal government to cover increased ... Keep Reading
Budget Plan Would Cut Taxes for Most
The state Senate leadership's budget plan is coming into clearer focus, and it's important to realize that its passage would mean the great majority of NC taxpayers will be able to ... Keep Reading
Senate Rolls out Tax Cut Plan
The NC Senate yesterday afternoon introduced a measure to cut income taxes while modestly expanding the sales tax base. On net the changes would result in a $1.9 billion tax cut ... Keep Reading
Why Tax Cuts Are Working in NC
Economist Stephen Moore of the Heritage Foundation has a piece in today's Wall Street Journal that reminds us of why fiscal reforms in our state have worked and are still ... Keep Reading
NC Tax Reform 2013: Mission Accomplished or a First Step?
The N.C. House and Senate are expected to give final approval today to tax reform legislation. From there, it will go to Gov. McCrory for his approval and then it will become ... Keep Reading
