Gov. Roy Cooper’s shutdown orders have produced difficult economic times for North Carolina families and businesses. Still, thanks to a decade of Republican tax reforms, many have a little more breathing room and are better […]
I have been teaching economics since 1967 — 40 years of it at George Mason University in Fairfax, Virginia. During that interval, economic reality has not changed. Just as Galileo’s law about the independent influence […]
Last week, U.S. Attorney General William Barr told a University of Notre Dame Law School audience that attacks on religious liberty have contributed to a moral decline that’s in part manifested by increases in suicides, […]
WASHINGTON, D.C. — Senate Democrats are attempting to repeal an IRS regulation that is designed to keep people from exceeding the $10,000 limit on state and local tax deductions. Senate Minority Leader Chuck Schumer (D-N.Y.) […]
The Treasury Department announced last week that the budget deficit for FY 2019 grew to $866.8 billion in the first 10 months of the fiscal year, up 27% from FY 2018. Headlines across the news […]
WASHINGTON, D.C. — Last week Democratic Presidential candidate Sen. Elizabeth Warren (D-Mass.) unveiled a plan to allow same-sex couples to amend past tax returns to receive refunds from the IRS. The Refund Equality Act, an […]
Massachusetts Senator Elizabeth Warren wants to pass a “wealth tax” of 2% on assets held by rich people over $50 million and 3% on assets over $1 billion as the next President of the United States of America. Some say wealthy people support such a […]
Many people hear the term “income inequality” and think: “We gotta do something to fix that!” Which almost always means pass more legislation and give more power to government officials. Ed Conard, former managing partner […]
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 […]
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