Public education is the most important function of state government and we spend more tax dollars on education than any other budget item.
Published: Monday, June 19th, 2023 @ 11:19 am
By: Tom Campbell
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The N.C. solicitor general urges the nation's highest court to reject a case dealing with sales tax assessments on out-of-state transactions.
Published: Monday, June 19th, 2023 @ 12:02 am
By: Carolina Journal
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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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Americans can expect lower tax returns this year, a phenomenon which comes as inflation and broader economic volatility continue to rattle household finances.
Published: Tuesday, May 30th, 2023 @ 6:56 pm
By: Daily Wire
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Funding for Wake Schools Would Be Up 38% Over 5 Years Ago, Despite Falling Attendance
Published: Tuesday, May 30th, 2023 @ 5:26 pm
By: John Locke Foundation
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Taxes collected from all the people should be spent only for the benefit of all of the people, not selected groups.
Published: Sunday, May 28th, 2023 @ 8:28 am
By: Beaufort Observer Editorial Team
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How This Harms Taxpayers and What NC is Doing About It
Published: Friday, May 19th, 2023 @ 5:05 pm
By: John Locke Foundation
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In 2013, the new General Assembly held the sales tax at 4.75%, while expanding the base. Consumption-based taxes like the sales tax are more stable and less economically destructive than income taxes which discourage savings and investment.
Published: Friday, May 12th, 2023 @ 11:50 pm
By: John Locke Foundation
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A national group of tax lawyers is asking the U.S. Supreme Court to take up a case from North Carolina dealing with sales taxes and out-of-state transactions.
Published: Friday, May 12th, 2023 @ 12:49 pm
By: Carolina Journal
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With Tax Day rapidly approaching, Ukrainian President Volodymyr Zelensky issued a helpful reminder to all American taxpayers of the importance of paying their taxes in a timely manner while tearing through the war-torn streets of Kyiv in a brand new Ferrari F430.
Published: Thursday, May 11th, 2023 @ 8:12 am
By: Babylon Bee
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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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Swiss investment bank Credit Suisse has helped American families hide at least $700 million from tax authorities over the past nine years in violation of a plea agreement with regulators, Senate investigators said Wednesday.
Published: Sunday, April 16th, 2023 @ 8:50 am
By: Daily Wire
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The progressive left often argues that the rich do not pay enough in taxes. The tax code is not progressive enough, they say. But, the tax code is much more progressive than they would like to admit. See the below graph from The Heritage Foundation.
Published: Friday, April 14th, 2023 @ 7:06 pm
By: John Locke Foundation
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Tobacco manufacturer Philip Morris is taking a dispute over $7.2 million in state tax credits to the N.C. Court of Appeals.
Published: Tuesday, April 11th, 2023 @ 8:37 pm
By: Carolina Journal
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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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Artificial intelligence software development firm OpenAI released GPT-4, its latest AI language model, with a massive array of new capabilities.
Published: Wednesday, March 22nd, 2023 @ 11:58 pm
By: Daily Wire
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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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There are moments in history when our nation's elected leaders have had to truly prove their worth during trying times. Today, just such a moment occurred, when members of Congress somberly paused sending all of our tax dollars to Ukraine so they could send them to Silicon Valley
Published: Wednesday, March 22nd, 2023 @ 12:39 am
By: Babylon Bee
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After spending billions to bail out Silicon Valley billionaire tech entrepreneurs, the Biden Administration is vowing to tax all taxpayer money they gave to Silicon Valley.
Published: Tuesday, March 21st, 2023 @ 7:55 am
By: Babylon Bee
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Gov. Cooper Proposes Historic Investments in Education, Economic Development, and Workforce Without Raising Taxes
Published: Monday, March 20th, 2023 @ 9:37 am
By: Governor's Office
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Republican lawmakers denounced the fiscal year 2024 budget proposal released by President Joe Biden on Thursday.
Published: Sunday, March 19th, 2023 @ 9:12 am
By: Daily Wire
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President Joe Biden unveiled record spending and several new tax increases on Thursday in his budget proposal for fiscal year 2024.
Published: Sunday, March 19th, 2023 @ 5:03 am
By: Daily Wire
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As North Carolina looks poised to pass Medicaid Expansion, the administration is looking to raise taxes
Published: Friday, March 17th, 2023 @ 7:07 pm
By: John Locke Foundation
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Former U.S. Centers for Disease Control and Prevention director Dr. Robert Redfield said Wednesday that American tax dollars funded gain of function research at the Wuhan Institute of Virology that created COVID.
Published: Thursday, March 16th, 2023 @ 3:02 pm
By: Daily Wire
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The tax burden from illegal immigration at the federal, state, and local levels is roughly $150.7 billion per year, according to an analysis published on Wednesday by the Federation for American Immigration Reform (FAIR).
Published: Thursday, March 16th, 2023 @ 9:15 am
By: Daily Wire
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It’s time to recognize that earning a living in North Carolina is a right, not a privilege. Thankfully, North Carolina senators introduced a bill last week to repeal the redundant and antiquated privilege license tax,
Published: Wednesday, March 15th, 2023 @ 10:25 pm
By: John Locke Foundation
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Some individuals can expect a Medicare tax increase under the new budget proposal scheduled to be unveiled this week by the Biden administration.
Published: Tuesday, March 14th, 2023 @ 7:13 pm
By: Daily Wire
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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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Bill will require an estimate of interest payments and potential tax increase
Published: Saturday, March 4th, 2023 @ 10:51 pm
By: John Locke Foundation
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A former FBI agent slammed the bureau Tuesday for wasting taxpayer money after receiving a document from an alleged field office insider in New Jersey, which announced a “wellness room” that includes massage recliners, lounge furniture, and a yoga space for employees.
Published: Wednesday, March 1st, 2023 @ 11:37 am
By: Daily Wire
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