Gov. Roy Cooper’s shutdown orders have produced difficult economic times for North Carolina families and businesses. Still, thanks to a decade of Republican tax reforms, many have ... Keep Reading
How NC went from one of the worst tax climates to one of the best
As the traditional Tax Day of April 15 approaches, it seems appropriate to reflect on the major victories won by taxpayers over the past decade in North Carolina. Thanks to the ... Keep Reading
Americans continue their march to low-tax states
That's the headline of this article from The Hill. Why is it some states continue to attract new residents, while others, year after year, lose residents? While people move for ... Keep Reading
NC revenue surplus revised — again.
$265.8 million; remember that number. That’s North Carolina’s projected revenue surplus, according to the Fiscal Research Division (FRD) of the North Carolina General Assembly. ... Keep Reading
Major Tax Cuts to Become Law
The Tax Cuts and Jobs Act will reduce income taxes for 80 percent of taxpayers Lowering the corporate tax rate will benefit workers – mostly middle class President Trump is ... Keep Reading
Tax Reform to Be Approved Today?
The House is scheduled to vote on the federal tax reform package today, with a Senate vote expected either later today or tomorrow. The bill is expected to pass largely on party ... Keep Reading
Who Pays Federal Income Taxes?
In the midst of all the discussion of tax reform, an important part of the debate needs to be an examination of who pays federal income taxes. This post from the Mercatus Center at ... Keep Reading
What Cooper Didn’t Tell You In His Anti Tax Cut Article
A couple weeks ago, Gov. Cooper published an article criticizing the results of North Carolina's tax reforms over the last 4 years, as a warning against federal tax change ... Keep Reading
Analysis: Most Retirees to Save Money Under Fed Tax Reform
This analysis by the Heritage Foundation spotlights how the proposed federal tax reform would impact retirees. Retirees may be the most concerned about what tax reform will mean ... Keep Reading
N.C. Economy Thriving but Tax Cuts a Bummer?
A narrative published Sunday in the Washington Post seeks to redefine the belief that North Carolina's tax cuts are the model for Washington. But there is more. The piece attempts ... Keep Reading