In 2013, the new Republican-led General Assembly took steps to foster economic growth by lowering the state’s corporate income tax rate. The corporate income tax is a burden that ultimately falls on workers.
Published: Thursday, May 11th, 2023 @ 2:23 pm
By: John Locke Foundation
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"We have consistently collected more from taxpayers than we need to operate a sound state government," said Sen. Paul Newton, R-Cabarrus.
Published: Wednesday, June 16th, 2021 @ 7:17 am
By: Carolina Journal
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For a guy claiming to be against “tax giveaways” to corporations, Gov. Roy Cooper sure seems to be fond of doling out taxpayer dollars to corporations.
Published: Monday, January 27th, 2020 @ 10:44 am
By: Civitas Insitute
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The N&O this weekend published an editorial declaring that North Carolina’s corporate income tax cuts are “not working.”
Published: Wednesday, November 20th, 2019 @ 4:31 am
By: Civitas Insitute
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North Carolina's corporate income tax currently stands at 3 percent, and it is scheduled to be reduced to 2.5 percent in January
Published: Wednesday, June 20th, 2018 @ 10:45 am
By: John Locke Foundation
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In 2013 the state of North Carolina passed and began implementing a program of sweeping tax reform meant to remove barriers to economic growth that were embedded in the state's burdensome tax code
Published: Tuesday, September 13th, 2016 @ 3:30 pm
By: John Locke Foundation
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Final revenue figures for the fiscal year ending on June 30 reveal that North Carolina has a $445 million revenue surplus.
Published: Tuesday, July 28th, 2015 @ 9:18 pm
By: McCrory Communications
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North Carolina's film tax credits are currently slated to expire at the close of 2014. Accuracy requires use of the word "currently" to underscore the fluidity of the situation.
Published: Friday, October 18th, 2013 @ 12:44 pm
By: John Locke Foundation
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The ongoing state budget "crisis" strongly underscores the urgent need for North Carolina to adapt significant state budget reforms.
Published: Saturday, August 25th, 2012 @ 8:30 pm
By: Civitas Insitute
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North Carolina's corporate income tax violates basic principles of sound economic policy and open government.
Published: Thursday, August 23rd, 2012 @ 8:22 pm
By: John Locke Foundation
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Taxation is the taking of property and earnings in exchange for governmentally provided goods and services or for redistribution. Legislators may also structure taxes as a policy tool to manipulate constituent actions for or against particular goods or services.
Published: Monday, August 13th, 2012 @ 1:41 pm
By: John Locke Foundation
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