WASHINGTON, D.C. — House Democrats began the serious work of trying to implement President Joe Biden’s expansive spending plan, but getting there will require remarkable legislative nimbleness, since Biden has said the revenue to pay […]
President Joe Biden describes his $3.5 trillion spending scheme as a way to improve the economy and “build back better.” The intention is a good one, but at its core, this plan isn’t so much […]
There are gimmicks, and then there are gimmicks. Some are relatively harmless and can be helpful when they grease enactment of bills with positive effects that outweigh them. There are others, however, that are so […]
RALEIGH — North Carolina now has one of the most broad-based and competitive tax structures for business in the United States, according to a recent Location Matters survey and newly released white paper from the Tax Foundation and KPMG LLP. The Location Matters study […]
WASHINGTON, D.C. — A proposal to strengthen IRS enforcement to crack down on tax scofflaws and help fund a nearly $1 trillion bipartisan infrastructure spending bill is officially off the table, Republican Sen. Rob Portman […]
WASHINGTON, D.C. — President Joe Biden is proposing a $6 trillion budget for next year that’s piled high with new safety net programs for the poor and middle class, but his generosity depends on taxing […]
RALEIGH — State Senate Republicans rolled out a comprehensive tax-cut package last week which they say would “result in a 21% income tax cut for a family of four earning the median household income.” “The […]
After decades of watching Democrats enact tax policy from close-up and afar, the only conclusion anyone can come to is this: Democrats have no over-riding, over-arching higher order principle when it comes to tax policy. […]
President Joe Biden has declared emphatically he will get a massive tax hike through Congress, and he will sign it. Knock yourself out, Mr. President. Raising tax rates has never paid for all the new […]
© 2021 — North State Media LLC