It's time to consider a change
Capital gains taxes penalize saving, investment, and therefore entrepreneurship, by imposing a second layer of taxation on equity investment. The most straightforward way to end this bias is to eliminate the tax on capital gains completely.
Earth and water, you’ll find plenty of both down there
Since the 1940s, over a million wells have used hydraulic fracturing (“fracking”) safely. The chemicals used are about 99 percent water and sand. The rest is a blend of chemical additives, most of which are found in typical household and personal care products.
Teacher compensation and Medicaid drive the 2014-15 budget
For fiscal year 2014-15, North Carolina’s General Fund budget rose 2.2 percent to $21.1 billion. It funded an average teacher salary increase of 7 percent, one of the largest pay raises for North Carolina teachers in a generation, and created a Medicaid contingency fund of $186.4 million.
Addressing concerns over hydraulic fracturing coming to North Carolina
Along with hopes for new jobs and a stronger economy, the prospect “fracking” in North Carolina has raised concerns. Some are legitimate questions informed by responsible skepticism, but others are fears fanned by activists and pressure groups. This paper seeks to address those questions and concerns.
How Medicaid's flawed financial design drives program costs
Medicaid’s fundamental flaws stem from the way in which it is funded, as both state and federal government share the total bill. If Medicaid’s federal share was transferred to North Carolina as an annual block grant, it would allow lawmakers to exercise more control over the program and create a stronger incentive to sort out system waste and abuse.
Where bad tax policy meets special interest politics
North Carolina passed a law during the 2014 legislative session taxing the liquid used in electronic cigarettes at an additional 5 cents per milliliter. This tax will hurt small businesses and violates the most important principle of good tax policy—neutrality. The North Carolina General Assembly should repeal the electronic cigarette tax.
"Reverse logrolling" would help legislators produce a sound spending plan
Reverse logrolling applied to the current state budget would result in a General Fund budget of $20.6 billion and a $667 million surplus, which would allow legislators more flexibility when discussing spending priorities, including teacher pay increases. It would also allow enough to be set aside in savings and reserves to avoid any unforeseen shortfalls in the next fiscal year.
Politics is a serious business, but like every other human endeavor the humans involved in politics can behave in ways ranging from absurd to sublime - and often the results are quite humorous.
Join Joe Stewart, Executive Director of the NC FreeEnterprise Foundation, for a short break from the heated debated and spirited discourse of the current campaign season for a light-hearted look at a few funny moments from North Carolina's rich political history.
Joe Stewart is Executive Director of the NC FreeEnterprise Foundation, a nonpartisan non-profit organization that conducts research and analysis on candidates, campaigns, voter attitudes and other factors impacting North Carolina's political landscape.
A Raleigh native, Joe has spent the better part of his adult life in politics - he's worked in campaigns, government, trade associations and non-profit organizations in Washington, DC, Baltimore and Raleigh.
He served as Assistant Secretary of the NC Department of Public Safety, was Chief Deputy State Treasurer, and was ranked the 48th most effective lobbyist (working on behalf of the insurance industry) in 2008 by the NC Center for Public Policy Research. As Political Director of the NC Chamber, he received the President’s Award from BIPAC (a national business advocacy organization) in 2010 and 2011 for his work on candidate recruitment and voter registration within the state’s business community.
But more importantly, he's got a great sense of humor.
Dr. Larry Schweikart, the prize-winning historian and former drummer for the opening band for Steppenwolf, visits Raleigh with his award winning film, Rockin' the Wall
Rockin’ the Wall is both an engaging history lesson about the Berlin Wall and life behind the Iron Curtain, and an entertaining exploration of the power of rock music as a force for social change and liberation.
Click the image below to see the movie trailer.
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Sep 25, 2014
Overall K-12 spending will increase by more than $1 billion under Republican leadership in the General Assembly, a 3-percent increase in inflation-adjusted, per-pupil terms, following a two-year drop of 9 percent under Democratic rule.
Sep 18, 2014
Doubling the minimum wage would compound the woes of low-skilled, younger workers with few job skills.
Sep 11, 2014
Substantial teacher pay raises marked just one of the ways in which state legislators have focused on improving public education in North Carolina.
Sep 17, 2014
Media outlets should think twice about maintaining cozy relationships with murderous regimes.
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.