taxes

taxes

Top Story Weekly Briefing

It’s time to say ‘no’ to the massive tax conservatives are imposing on Americans

As P.T. Barnum is so famously credited with observing a century and half ago, Americans can be a surprisingly credulous people. Whether it’s a circus sideshow curiosity, a new cure-all elixir or a supposedly surefire “get rich” scheme, ours is a nation of hopeful people who like to believe...

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Monday numbers: New polling shows NC voters want to keep the corporate income tax, spend federal relief funds on core services

Last month the North Carolina Senate passed a bill that would eliminate the state corporate income tax over five years, beginning in 2024. New polling, released last week by progressive policy group State Innovation Exchange (SiX), however, shows North Carolina voters overwhelmingly oppose such a change.

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News Policy Watch Investigates Top Story

Monday numbers: A look at how the Senate’s and the Governor’s budgets compare in some key areas

Legislators spent last week deep in numbers as the Senate Republicans released their budget proposal, which the full Senate approved on Friday. The measure now heads to the state House, where significant revisions are expected. The two chambers will then create a compromise budget sometime this summer that will go to Gov. Roy Cooper.

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Changes in the NC cigar tax have a champion in a state senator who owns cigar shops 

An obscure provision of the state Senate tax package that would cap the excise tax on cigars has a supporter in Sen. Todd Johnson, a member of the chamber’s Finance Committee and a cigar store owner.

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Top Story Weekly Briefing

Stop the bleeding: The last thing North Carolina needs right now is another round of big tax cuts

If you’re an American of a certain age, you may remember one of the zanier TV comedy sketches of the late 20th Century in which the great Steve Martin joined some of the early "Saturday Night Live" cast members in the role of “Theodoric of York, Medieval Barber.” If your memory has faded or that was before your time, don’t fret, you can always find it online or catch a more modern iteration (though sadly, not for laughs) over at the North Carolina Genera Assembly... ...

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Top Story Weekly Briefing

Disaster in Texas is a reminder of the greatest threat to our freedom

Americans have always been, in many respects, an optimistic and forward-looking people. Ours, happily, is not a nation overly obsessed with settling old international scores and grudges or constantly addressing perceived slights from past adversaries. One flip side to this admirable tendency, however, is what frequently amounts to a short collective memory.

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