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.
In the summer of 1918, five large German submarines (U-boats) crossed the Atlantic and operated against the lightly protected shipping off the North American coast. Several of the U-boats would get as far south as the North Carolina coast, where they sank three ships just a few miles from the Outer Banks. In this fascinating look at history, Lowrey will explain how they came to operate in the area, how successful they were, and more.
About Michael Lowrey
Lowrey has written numerous articles for the John Locke Foundation on topics such as economic policy, education, welfare, and transportation. His work has appeared in over 100 newspapers, including The Christian Science Monitor, The Charlotte Observer, The News & Observer of Raleigh, and The News and Record of Greensboro. He is also the author or co-author of several Locke policy reports, including the yearly By The Numbers: Comparing the Cost of Local Government in North Carolina series and Flex Growth: A smarter option for North Carolina communities (2012). Lowrey received his undergraduate degree from the University of North Carolina at Chapel Hill and his masters in economics from North Carolina State University. He has also taught undergraduate classes at the University of North Carolina - Charlotte and Wingate University.
Charles Krauthammer currently serves as a contributor for FOX News Channel (FNC), where he contributes political commentary and analysis across FNC's daytime and primetime programming.
Krauthammer makes frequent appearances on Special Report with Bret Baier, The O'Reilly Factor and FOX News Sunday. He is an American Pulitzer Prize-winning syndicated journalist and physician as well as a contributing editor to The Weekly Standard and a weekly panelist on PBS' Inside Washington. Additionally, Krauthammer joined The Washington Post in 1984, where he continues to write a weekly political column. He began his journalism career at The New Republic.
Prior to his career in journalism, Krauthammer served as a speech writer to Vice President Walter Mondale in 1980 and as chief resident in psychiatry at the Massachusetts General Hospital.
Throughout his career, Krauthammer has been a recipient of several awards, including the 2013 William F. Buckley Award for Media Excellence, the 1984 National Magazine Award for Essays and Criticisms, the 1987 Pulitzer Prize for commentary and the first annual Bradley Prize. Additionally, he is the author of "Things That Matter: Three Decades of Passions, Pastimes and Politics" and "Democratic Realism: An American Foreign Policy for a Unipolar World."
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Dec 18, 2014
Politicians and bureaucrats continue behaving as if they can allocate health care resources better than consumers and providers in the marketplace.
Dec 11, 2014
Engaged parents are good for kids, and schools, but not all forms of parental involvement are equal.
Nov 26, 2014
Gov. McCrory should face fewer surprises as he has full control over the new budget cycle.
Oct 21, 2014
Journalists fall short of long-established standards when they allow officials to peruse and even edit their reports.
Sep 23, 2014
You'd have thought by now that the news media would have learned the hard lessons of prejudging a story or a situation before all the facts are in.
Sep 17, 2014
Media outlets should think twice about maintaining cozy relationships with murderous regimes.