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.
Big Corporate Welfare Deals Bad for NC
Big government and big business in bed together represents the politicization of our economy.
Big government crushes wealth creation, harms the poor
Increasing productivity is the key to wealth creation. Investment in capital goods and the division of labor are the key factors to rising productivity. Government hampers productivity through interventions like…
Rising Credit Card Debt: Another Byproduct of Washington-Fueled Inflation
Credit card debt jumped again in the second quarter of 2022 as inflation caused people to spend more money to consume the same basket of goods. Americans now hold nearly $890…
Inflation Still Near Four-Decade High Despite Drops in Gasoline Prices
The Consumer Price Index (CPI) rose 0.1% in August after remaining constant in July according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased…
$1.2 Million Giveaway to Battery Company is a Lose for the State Taxpayer
According to the latest press release from the Governor’s press office, Governor Roy Cooper pledged $1.2 million in taxpayer dollars to a battery company for their expansion. If it is true that…
Student Loan Forgiveness is Not Emergency Funding and May Be Taxed
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.…
Report: Record 63% of small businesses freeze hiring
Nearly half of small businesses say their business may close this fall.
US Jobs Report Sees Workers Reentering Labor Force
The national unemployment rate rose 0.2 percentage points to 3.7% in August, according to the latest release from the Bureau of Labor Statistics. The uptick in the unemployment rate is largely…
North Carolina to Tax Student Loan Forgiveness
Student loan forgiveness will be taxed by the state of NC.
Student loan bailout sends dangerous message
Biden’s student debt forgiveness plan sends powerful but dangerous messages. A culture prioritizing instant gratification and shirked financial obligations is doomed to fail. Free societies promote more virtuous and sustainable…
All NC Counties Saw Decreases in Unemployment in July
According to the latest release from the North Carolina Department of Commerce, unemployment rates decreased in all 100 of North Carolina’s counties in July. After months of steady decreases, most counties in…
North Carolina Tourism Spending and Tourism Jobs Still Below Pre-Pandemic Levels in 2021
State visitor spending in 2021 would have needed to be another $2 billion higher to break even with the 2019 record. Tourism jobs in 2021 were still 18% below pre-pandemic…