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.
Research Brief
Budget, Taxation & Economy
The Money-Obsessed Leandro Lobby Comes Clean
The North Carolina Supreme Court will hear oral arguments in the Leandro case on August 31. Chants of “cut the check” and “let the money go” during Every Child NC’s…
Budget, Taxation & Economy
The Missing Facts From N&O “Fact Check” on Inflation Reduction Act
Sometimes the media's agenda is revealed more by what they don't say.
Budget, Taxation & Economy
North Carolina Continued to Add Jobs in July, But Labor Force and Real Wages are Down
North Carolina’s July unemployment rate remained unchanged at 3.4% for the fourth consecutive month according to the latest release from the North Carolina Department of Commerce. The national rate decreased by 0.1%…
Budget, Taxation & Economy
Last Fiscal Year Produces Major Surplus
The Office of the State Controller this week released its General Fund Monthly Financial Report for the 2021-2022 fiscal year that ended June 30th. Notable data points include: The General Assembly budgeted…
Research Brief
Budget, Taxation & Economy
Is North Carolina So Desperate for Jobs that It Makes Even Offshore Wind Seem Worth a Gamble?
Pres. Biden and Gov. Cooper tout government intervention to force offshore wind energy development off North Carolina beaches as a way to create jobs and grow the economy. Expected electricity…
Budget, Taxation & Economy
Five Ways the Inflation Reduction Act Harms Americans
The U.S. House and Senate voted along party lines to pass the latest tax and spend bill, “The Inflation Reduction Act of 2022,” (IRA) sending it to President Biden’s desk.…
Research Brief
Budget, Taxation & Economy
People Are Migrating to Affordable, Low-Tax States Like North Carolina
The pandemic prompted people to move, accelerating migration to low-tax states. In recent years, states have been emphasizing tax relief to their benefit. High-tax states should take note of the…
Budget, Taxation & Economy
Consumers Get Meager Relief at Gas Station, None at Grocery Store
Inflation continues to ravage household budgets. According to the latest release from the Bureau of Labor Statistics, the Consumer Price Index rose 8.5% over the last year. This is less than June’s…
Research Brief
Budget, Taxation & Economy
Four Reasons to Support Tax Cuts for North Carolina
Lower income taxes allow people to keep more of their hard-earned money and spend it on their needs. Some would argue that your money would be better spent by politicians…
Budget, Taxation & Economy
Behind Those Big Jobs Numbers
Today’s jobs report from the Bureau of Labor Statistics showed impressive labor market gains: 528,000 jobs were added to the national economy, and total unemployment decreased to 3.5% for the month of…
Budget, Taxation & Economy
Biden’s Book Tax Falls on Real Estate, Manufacturing, Mining, Other Crucial Sectors
The “Inflation Reduction Act” would be a disaster for many. Taxes would rise for nearly every income group, devastating low-income households in particular. One of the most harmful aspects of the bill…
Budget, Taxation & Economy
Unemployment Increased in All But Two of North Carolina’s Counties in June
Unemployment rates (not seasonally adjusted) increased in all but two of North Carolina’s counties in June, according to the latest release from the North Carolina Department of Commerce. Twenty counties in the…