Scholarly research reveals economic benefits of fiscal restraint
Most studies find that lower levels of taxes and spending, less-intrusive regulation, and lower energy prices correlate with stronger economic performance. The implications of this research track well with recent public policies adopted in North Carolina. Judging from the available empirical evidence, North Carolina’s new policy mix is likely to result in stronger economic growth in the coming years.
How the Map Act threatens NC property owners
The North Carolina Map Act virtually freezes property development within proposed road corridors and can encumber and devalue property indefinitely. North Carolina should protect the constitutional property rights of its citizens by repealing or reforming the Map Act.
The way forward
The NC General Assembly should create two permanent commissions charged with raising the quality and rigor of state standards, curricula, and assessments. Each commission should employ a large and diverse group of stakeholders and should modify or replace the Common Core State Standards, specify content that aligns with the standards, recommend a testing program, and provide ongoing review.
This issue guide offers solutions to problems that confront North Carolinians at municipal and county levels. The common thread in these recommendations is freedom. By increasing individual freedom, local governments can foster the prosperity of all North Carolinians and keep open avenues to innovative solutions from enterprising citizens.
Tax Reform Means Savings to All NC Income Groups
The average North Carolina household in every income category received a tax cut from the 2013 tax reform. Considering both 2011 and 2013 tax changes, the average household in both the lowest and highest income categories is receiving a tax cut of about 1 percent of income.
Severe Side Effects of the Affordable Care Act’s Health Insurance Exchanges
Despite it's promises, the federal health care law will bring premium increases to many due to community rating provisions, increased regulation and mandates, and problems with premium and cost-sharing subsidies.
Total state spending has grown after both inflation and per capita adjustments
Regardless of how it is measured, state spending is increasing. North Carolina’s total state budget peaked in 2012, reaching more than $51 billion or $5,348 per capita, with federal spending totaling 45 percent of total expenditures.
Dr. Danielsen is an Associate Professor of Finance and Real Estate at North Carolina State University.
His recent research focuses on how charter schools, school vouchers, and other school choice initiatives impact real estate values, development and the environment. Dr. Danielsen's research appears in Real Estate Economics, the Journal of Housing Research, the Journal of Real Estate Research, the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, and numerous other high-quality academic finance and real estate journals.
Dr. Danielsen is the founder and President of Environmentalists for Education Reform (thegreenapples.org), a nonprofit corporation devoted to promoting research and awareness of the importance of educational choices in revitalizing blighted urban areas, reducing urban sprawl, and creating sustainable cities.
Dr. Danielsen received his PhD in financial economics from the University of Florida. He is a coauthor of Foundations of Financial Management, an internationally best-selling textbook now in its 15th edition.
John Locke Foundation analysts and staff have traveled to every corner of North Carolina. We’ve listened to your greatest hopes and worst fears for our state, and we’ve heard a consistent message: You want JLF to be a more prominent resource in your community.
JLF's regional clubs will host meetings for like-minded conservatives, on your home turf. We'll bring you events with well known thinkers and writers, give you reports on our activities and new research, update you on issues that impact your neighborhood and wallet, and learn more about the threats to liberty you face in your city and country.
We have established 7 regional clubs covering every part of North Carolina.
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Apr 23, 2014
Academic research shows that fiscal conservatives and centrists have the best track record in promoting policies that enhance economic growth.
Apr 17, 2014
The tax that once was viewed as the centerpiece of Obamacare is almost devoid of life.
Apr 10, 2014
The state's tax credit for film production is an egregious form of corporate welfare that drains the state treasury while offering few benefits to North Carolinians.
Sep 06, 2012
The N&O buries the one moment of real drama at the Democratic National Convention.
Mar 21, 2012
The world's media found the neo-Nazi meme in stories about the school shooting in France just too enticing.
Jan 16, 2012
In a Sunday piece, <i>The Charlotte Observer</i> employs all the steps used by the mainstream media to mislead readers.