RALEIGH — North Carolina tax collections are on track for the state to post its highest surplus since 2008. “Extraordinary growth” in year-over-year final tax payments during April means the state ultimately may collect over […]
RALEIGH — The funding needed for school construction and capital needs is one step closer to reality as Senate Bill 5 heads to the House. However, the thinking in Raleigh on issues like school construction […]
“It’s going to be something very special.” That’s what President Trump has called the latest efforts to pass a second round of federal tax cuts, following the successful passage of the Tax Cuts and Jobs […]
“30 million jobs have been created under President Trump!” The headline above could have been written with a straight-face by any media outlet and been technically “true” about the American economy in the last year […]
The Tax Cuts and Jobs Act Bill (TCJA) of 2017 is now law. What next? The first thing every taxpayer should say out loud is this: “It is my money first, not the government’s!” Every […]
Since all the attention is on the U.S. Senate now to see if they can pass a tax bill and get it to conference and to the president’s desk before the Alabama special Senate election […]
Supporters of the progressive income tax think it is the greatest thing since sliced bread because it makes taxes more “fair.” Wrong. It just makes everyone who supports class warfare feel better because they […]
Carl von Clausewitz, a Prussian general, wrote in his classic book on military strategy in 1818, “On War:” War is a mere continuation of policy by other means. Taken one step further, this axiom can […]
As Senior Chairman of the Finance Committee in the North Carolina House of Representatives, I am proud to have played a leading role in the tax reform efforts that have turned our state’s economy around […]
Russell Kirk’s eighth conservative principle teaches us that the more local the power and decision-making, the better we are served. Because tax revenue confers power on the collector, taxation at the local level is […]
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