Budget, Taxation & Economy
Budget, Taxation & Economy
At the state legislature, Locke advocates for limiting the expenditure of tax dollars and strictly limiting its tax burdens on families and businesses.
Budget, Taxation & Economy
Policy Pizza: The Root Causes of Inflation
While she might not have dreamt of state budgets since she was a little girl, fiscal analyst Paige Terryberry is indisputably an expert today. In this second episode of Policy…
Budget, Taxation & Economy
North Carolina Ranks 10th Best on Tax Foundation Index
The nonprofit Tax Foundation has released its State Business Tax Climate Index each year since 2003, distilling complicated tax environments into a simple and easy-to-understand ranking. The index is focused on how states generate…
Budget, Taxation & Economy
State Unemployment Rate Rises, Surpassing National Average
North Carolina’s unemployment rate increased for the second consecutive month in September according to the latest release from the North Carolina Department of Commerce. The state’s rate rose 0.1 percentage point to…
Budget, Taxation & Economy
More Inflation Fallout: Social Security Insolvency
How many Americans will be thrown into generational poverty because of "two weeks to slow the spread?"
Budget, Taxation & Economy
Core Inflation Reaches New Record High; Real Wages Down 3.0% Over the Year
The Consumer Price Index (CPI) rose 0.4% in September, greater than the increases in July and August and higher than projections, according to the latest release from the Bureau of Labor Statistics. On…
Budget, Taxation & Economy
Most Corporate Welfare Deals Fail to Deliver as Promised
Level the playing field and let businesses compete based on the most efficient means of satisfying consumer desires.
Research Brief
Budget, Taxation & Economy
Poor State, Federal Response to Hurricanes Prolongs Families’ Misery
Billions of taxpayer dollars are expended on hurricane recovery in North Carolina. Disaster responses historically fail to meet victims’ needs and waste significant funds. The federal government should step back and…
Budget, Taxation & Economy
Do States Need an Income Tax?
States with no income tax tend to run much leaner and efficiently.
Budget, Taxation & Economy
Student Loan Forgiveness: Biden Wants More People Dependent on Government
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The…
Budget, Taxation & Economy
98 NC Counties Saw Increases in Unemployment in August
North Carolina’s unemployment rate increased in August for the first time since Covid-19, as we reported two weeks ago. Today the North Carolina Department of Commerce released county-level unemployment data for the state, revealing…
Budget, Taxation & Economy
North Carolina Businesses Cut Costs, Lay Off Workers Amid High Inflation
As reported last week by the North Carolina Department of Commerce, North Carolina unemployment increased for the first time since the pandemic-induced economic downturn. Moreover, the labor force participation rate is not back to…
Budget, Taxation & Economy
North Carolina’s Unemployment Rate Increases in August for the First Time Since Covid-19
North Carolina’s unemployment rate increased to 3.5% in August after remaining flat at 3.4% for four consecutive months prior, according to the latest release from the North Carolina Department of Commerce. This…