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
Exploitation in Ocean Isle
The North Carolina State Auditor’s Office launched an investigation into the Brunswick County town of Ocean Isle after receiving several allegations. Following a review of meeting minutes, town statutes, examination…
Budget, Taxation & Economy
North Carolina’s Major Cities in Good Financial Shape
Truth in Accounting, an organization dedicated to educating the public about government financial information, released their 2022 Financial State of the Cities report today. The report analyzed the fiscal health of the…
Budget, Taxation & Economy
December Jobs Report
According to the latest North Carolina Department of Commerce release, North Carolina’s unemployment rate decreased to 3.7% in December 2021. The gap between state and national unemployment continues to narrow as the…
Budget, Taxation & Economy
Washington’s Payday From Inflation
Coffers in Washington overflow with your tax dollars. The latest data from the Congressional Budget Office show considerable increases in tax revenue collected in the first quarter of the fiscal year (October to December).…
Budget, Taxation & Economy
Two More Corporate Welfare Recipients in NC Fail to Create Promised Jobs
This shouldn't come as a surprise. Previous research has shown that about 37% of such incentivized projects fail to create a single job, while just over half the promised jobs…
Research Brief
Budget, Taxation & Economy
Government Spending Is the Cause of, Not the Antidote for Record Inflation
The U.S. government printed and spent trillions of dollars in stimulus, causing record inflation. The economy is listing from too many dollars chasing a stagnant supply of goods. Inflation is…
Research Brief
Budget, Taxation & Economy
He Didn’t Build That: How Cooper’s Corporate Welfare Could Cost Taxpayers Up to $586K/Job
“Economic development” incentives actually stymie economic growth by redirecting people’s resources away from their most productive uses to politician’s arbitrary choices and favoritism There are many factors to a corporate…
Budget, Taxation & Economy
Inflation: Then and Now
In conversations about record inflation, most people harken back to the Jimmy Carter era where annual price inflation growth surpassed 10%. Inflation resulted in a boon to the government as…
Research Brief
Budget, Taxation & Economy
Corporate Welfare Blowout: Gov. Cooper Pledged $1.3 Billion to Just 58 Corporations in 2021
In 2021, Gov. Cooper blew past his previous years’ corporate welfare numbers in pledging $1.3 billion in incentives giveaways to just 58 corporations His 39-year, $846-million award to Apple, a…
Budget, Taxation & Economy
Voting with their feet, Americans moved to low-tax states in 2021
Taxes aren't the only reason people move, "but there is no denying a very strong correlation between low-tax, low-cost states and population growth," the article concludes.
Budget, Taxation & Economy
What Changes Can North Carolina Taxpayers Expect in 2022?
2021 brought many tax changes to North Carolina with the passage of the First in Freedom Budget, and in the end, everyone will see a bit more in their wallets.…
Budget, Taxation & Economy
What Has Biden Said On Inflation?
On Twitter: From his personal Twitter account, President Joe Biden has mentioned inflation once: From the @POTUS government account, the first time President Biden mentioned inflation was in early November, long…