North Carolina has climbed to rank 9th in the nation for its tax climate, according to the latest study conducted by the nonprofit Tax Foundation.
Published: Sunday, March 3rd, 2024 @ 3:17 pm
By: Carolina Journal
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The Tax Foundation, a Washington D.C. based nonpartisan tax policy research organization, has released its 2024 State Business Tax Climate Index.
Published: Sunday, March 3rd, 2024 @ 12:49 pm
By: John Locke Foundation
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This week, absent Governor Cooper's signature, the NC General Assembly's 2023-24/2024-25 biennium budget recommendations became law.
Published: Wednesday, February 14th, 2024 @ 11:48 pm
By: Eastern NC NOW Staff
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In a Tuesday evening press conference at the N.C. General Assembly, Senate Leader Phil Berger, R-Rockingham, and House Speaker Tim Moore, R-Cleveland, announced an agreement to abandon, for now, efforts to legalize casinos through the state budget.
Published: Friday, December 29th, 2023 @ 8:51 am
By: Carolina Journal
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After a month-long break for some, state lawmakers are getting back to work this week. Here is a preview of a few things North Carolinians might see in Raleigh this week:
Published: Sunday, November 12th, 2023 @ 3:53 am
By: Carolina Journal
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State budget negotiations are stalled as House and Senate lawmakers are too far apart to reach a deal. Reportedly, there will not be a budget agreement until likely September, following what had initially been a June 30 deadline.
Published: Saturday, November 11th, 2023 @ 6:23 pm
By: Carolina Journal
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Once again we are midway through July without a state budget that was supposed to begin July 1. Why haven’t they passed a budget on time? Not trying to be snarky, the answer is because they can. The old budget remains in effect until a new one is approved.
Published: Thursday, August 17th, 2023 @ 10:18 am
By: Tom Campbell
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Praising North Carolina as “one of the foremost leaders in pro-growth state tax reform and relief over the past decade,” the Tax Foundation last week provided some analysis and guidance for the House and Senate tax change proposals.
Published: Monday, July 31st, 2023 @ 5:53 pm
By: John Locke Foundation
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The North Carolina House, Senate, and governor have each released their budget proposals for the upcoming biennium
Published: Monday, July 3rd, 2023 @ 8:09 pm
By: John Locke Foundation
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On Monday, North Carolina Senate leaders unveiled their proposed state budget. Governor Cooper will be under pressure to sign the final version because Medicaid expansion, a bill he signed earlier this year, is tied to passing a budget.
Published: Wednesday, June 14th, 2023 @ 2:43 pm
By: Carolina Journal
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North Carolina Secretary of State Elaine Marshall announced during this month’s small business week that new business filings are still at near-record levels in North Carolina.
Published: Sunday, June 11th, 2023 @ 11:45 pm
By: John Locke Foundation
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The North Carolina Senate released its biennium budget proposal this week as scheduled, with the expectation of meeting with the state House to establish a conference budget before the current fiscal year ends on June 30
Published: Sunday, June 11th, 2023 @ 12:27 pm
By: John Locke Foundation
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It’s budget season in the Tar Heel State. We have high hopes that this biennium budget can allow for substantial benefits to North Carolinians.
Published: Friday, May 26th, 2023 @ 10:48 am
By: John Locke Foundation
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The difference between Republican governance and Democrat tax and spend
Published: Monday, May 15th, 2023 @ 8:09 am
By: Beaufort Observer Editorial Team
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Ten years ago, in July of 2013, the Republican-led General Assembly enacted historic tax reforms. Perhaps most notably, lawmakers overhauled the state’s personal income tax, moving from a progressive multi-tiered structure to a flat, simple rate.
Published: Sunday, May 7th, 2023 @ 10:13 am
By: John Locke Foundation
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The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
Published: Tuesday, May 2nd, 2023 @ 5:00 pm
By: Carolina Journal
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The NC Senate signaled their intentions Wednesday to aggressively lower the state’s personal income tax rate.
Published: Sunday, April 16th, 2023 @ 2:59 pm
By: John Locke Foundation
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The North Carolina House released its biennium budget proposal this week as scheduled, and the North Carolina Senate is scheduled to release its version next before the two chambers meet to establish a conference budget
Published: Wednesday, April 12th, 2023 @ 9:44 am
By: John Locke Foundation
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My latest piece at the American Institute for Economic Research discusses the particularly harmful impact progressive income taxes have on productivity and the poor.
Published: Monday, April 10th, 2023 @ 8:54 am
By: John Locke Foundation
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Republican Lt. Gov. Mark Robinson said that he doesn’t consider himself a politician but rather a public servant, as he delivered the Republican response to Gov. Roy Cooper’s final State of the State address on Monday night.
Published: Friday, March 24th, 2023 @ 3:21 am
By: Carolina Journal
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Governor Cooper released his recommended budget for the biennium today. The General Assembly has already begun budget writing, and the Governor’s recommendations, in this case, are purely political.
Published: Wednesday, March 22nd, 2023 @ 11:07 am
By: John Locke Foundation
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Hello, I’m your Lt. Governor Mark Robinson and it’s my honor to address you tonight
Published: Saturday, March 11th, 2023 @ 11:07 am
By: Governor's Office
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North Carolina would face a new limit on state government spending growth under the Taxpayer Protection Act legislation filed Monday in the N.C. House.
Published: Friday, March 10th, 2023 @ 2:08 pm
By: Carolina Journal
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The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days of the budgeting process to inform lawmakers of the state of the economy.
Published: Wednesday, March 1st, 2023 @ 11:29 am
By: John Locke Foundation
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North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
Published: Thursday, February 23rd, 2023 @ 10:28 pm
By: John Locke Foundation
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Though the national media often fails to give them attention, state tax reforms are underway across the country.
Published: Tuesday, January 31st, 2023 @ 7:46 am
By: John Locke Foundation
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North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
Published: Thursday, January 26th, 2023 @ 9:05 am
By: John Locke Foundation
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North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
Published: Monday, January 23rd, 2023 @ 12:47 pm
By: Carolina Journal
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The 2021 long session brought North Carolina a “First in Freedom” budget, with pro-growth tax cuts which will continue to reward taxpayers in 2023 and beyond.
Published: Wednesday, January 11th, 2023 @ 12:45 pm
By: John Locke Foundation
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Some argue that minimum wage increases would create more wealth for those with the greatest need in North Carolina
Published: Wednesday, January 4th, 2023 @ 11:56 am
By: John Locke Foundation
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North Carolinians will have reason to celebrate on January 1, 2023 as they see more money in their paychecks.
Published: Sunday, December 25th, 2022 @ 9:02 am
By: Carolina Journal
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Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
Published: Thursday, December 22nd, 2022 @ 3:15 am
By: John Locke Foundation
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