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
Cooper Administration Doled Out $1.2 Billion Worth of Corporate Welfare in 2021
As thousands of small businesses were forced to close for good as a result of his economic lockdowns, Gov. Cooper's administration handed out $1.2 billion worth of corporate welfare
Research Brief
Budget, Taxation & Economy
Where Does the Money Really Go?
Especially during an election season, taxpayers must be wary of calls to expand government. New government spending means more government workers, salaries, and benefits, which means growing the long-term liabilities…
Budget, Taxation & Economy
Cooper’s Recommended Budget: Leandro, Medicaid Expansion, and More
On Wednesday afternoon Governor Roy Cooper released his recommended budget adjustments for the upcoming fiscal year that begins on July 1. On the heels of revised revenue projections that predict state government will have…
Budget, Taxation & Economy
Inflation Still Running Hot; Food Price Hikes Highest Since 1981
Double-digit price hikes at the grocery store are particularly devastating on low- and middle-class households.
Budget, Taxation & Economy
Upward Revisions to State Revenue Expectations
Yesterday the Fiscal Research Division of the North Carolina General Assembly and the Office of State Budget and Management released a revised revenue forecast for the Fiscal Year 2021-2023 biennium. They concluded…
Research Brief
Budget, Taxation & Economy
The NEA’s “Rankings and Estimates” Report Goes From Bad to Worse
The National Education Association’s 2022 “Rankings and Estimates” report included an average teacher salary figure that was significantly lower than the $55,905 average reported by the North Carolina Department of…
Budget, Taxation & Economy
More Government for Wake County on Your Dime
It’s budget season for North Carolina’s local governments, and some officials are taking the opportunity to propose tax increases yet again. For those in Wake County, this should bring a…
Research Brief
Budget, Taxation & Economy
Four Expensive Covid Policies That Overstayed Their Welcome
During the Covid pandemic, government concocted many costly, “temporary” policies. Many of those have lingered well past their originally promised dates and expanded beyond their stated intentions, such as progressives…
Budget, Taxation & Economy
Let’s Repeal What Remains of the Privilege License Tax
A privilege license tax is essentially a tax imposed for the privilege of conducting business in the state. Building on North Carolina’s tax reform leadership, in 2014, the state’s General…
Research Brief
Budget, Taxation & Economy
Leandro Order Begins to Right the Ship
Last year, Judge David Lee ordered the controller, state treasurer, and Office of State Budget and Management to take $1.75 billion from state coffers without legislative approval and distribute the…
Budget, Taxation & Economy
North Carolina Ranks 2nd in Economic Outlook in New Report
North Carolina ranks 2nd, behind only Utah, in "economic outlook."
Budget, Taxation & Economy
Colorado Workers are Getting Money Back Thanks to a Taxpayer Bill of Rights
Christmas came early this year for Coloradans. Yesterday’s Denver Post read: “single filers will get $400 and joint filers will get $800 this summer in money the state must refund as a…