John Szoka
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Representative Chuck McGrady
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Taxes

Tax collections could lead to $700 million windfall

Posted on May 8, 2019 by admin in Budget, Economy, Taxes

The following is a guest post by Dan Way of the John Locke Foundation: A $470-million surge in April tax collections could push the state budget surplus to more than $700 million. Barry Boardman, chief economist for the General Assembly’s nonpartisan Fiscal Research Division, in a Monday, May 6, email alerted legislative leaders of both […]

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Rep. Szoka and the NC House Keeps their Promises

Posted on July 17, 2018 by admin in Appropriations, Bonds, Budget, Business, Children, Consumer Protection, Courts, Economic Development, Economy, Education, Education Reform, Elections, Emergency Management, Energy, Environment, Farming, Food, Healthcare, Hunting & Fishing, Jobs, Medicaid, Pension Reform, Regulatory Reform, Speaker Moore, Szoka, Tax Reform, Taxes, Technology, Transportation

Families and businesses in North Carolina continued to see promising gains from the 2018 state legislative session as lawmakers remained committed to higher salaries for educators and state employees, increased investments in public schools and a successful pro-growth jobs agenda. The accomplishments mark another year of promises kept by the Republican-led General Assembly to deliver […]

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Legislature Agrees to Adjustments for Current State Budget

Posted on May 29, 2018 by admin in Agriculture, Budget, Civil Service, Economic Development, Education, Health, Justice, Public Employees, Public Safety, Taxes, Transportation

North Carolina House and Senate leaders announced their agreement last night on adjustments to the current two-year state budget. As a result of Republicans’ pro-growth economic policies, North Carolina has its fourth consecutive revenue surplus this year, enabling lawmakers to make targeted adjustments to the biennial budget passed last year in order to address critical […]

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Six statistics Carolinians should know

Posted on April 5, 2018 by admin in Budget, Economy, Education, Education Reform, Employment, Jobs, Tax Reform, Taxes, Transportation, Unemployment

Since 2010, when voters put Republicans in charge of most state governments across the United States, North Carolina became one of about a half-dozen states where conservative reformers have frequently — and sometimes spectacularly — faced off with progressives in ways that have attracted significant national attention. In 2011, the new GOP-majority General Assembly defeated […]

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Employment Increases by more than 85,000

Posted on March 15, 2018 by admin in Economy, Employment, Jobs, Tax Reform, Taxes, Unemployment

Employment figures released earlier this week by the state Department of Commerce show that the number of people employed in North Carolina increased by a total of 85,879 throughout 2017, while the number of people unemployed decreased by 20,263 over the same year-long period. The employment growth data follows a positive revenue outlook released by the […]

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Tax Fraud Prevention Saves State Revenue

Posted on February 8, 2018 by admin in Privacy, Speaker Moore, Tax Reform, Taxes

Fraud prevention laws recently enacted by the North Carolina General Assembly are guarding against identity theft and protecting millions in state revenue from scammers this tax season. The state Department of Revenue (DOR) attributed an 18% uptick in cases of identified fraud and a 20% uptick in savings for the 2016-2017 Fiscal Year to the […]

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Helping Those Who Need It The Most

Posted on July 26, 2017 by admin in Cooper, Economy, Tax Reform, Taxes

Hundreds of thousands of hardworking North Carolinians will no longer pay any state income tax by 2019, thanks to several rounds of tax relief provided by the legislature’s Republican majority. A recent memo from the head economist at the non-partisan Fiscal Research Division notes that “of the nearly 4 million tax returns anticipated for tax […]

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Reviewing North Carolina’s FY2017-19 Budget

Posted on July 12, 2017 by admin in Agriculture, Appropriations, Budget, Economy, Education, Environment, Government Reform, Health, Justice, Law Enforcement, Medicaid, Pension Reform, Public Assistance, Public Employees, Public Safety, Tax Reform, Taxes, Technology, Transparency, Transportation, UNC, Veterans

Planning your summer vacation and looking for some light beach reading? Joseph Coletti over at the John Locke Foundation has you covered with a comprehensive analysis of this year’s state budget: A New State Budget Based On Time-Tested Principles In his 1985 address to the North Carolina Foundation for Research and Economic Education (NC FREE), […]

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Freeing the Mimosa

Posted on July 10, 2017 by admin in Beer, Brunch, Business, Celebration, Economic Development, Food, Hard Cider, Jobs, Local Government, Municipal Government, Recreation, Spirituous Liquor, Taxes, Wine

Lawmakers in Raleigh passed bipartisan legislation at the end of June giving more authority to cities and counties to relax certain prohibitions on the sale of alcohol. Senate Bill 155, the culmination of months of work, is catch-all legislation reforming more than a dozen alcoholic beverage control (ABC) laws. The final bill combined three different pieces of legislation, including House Bill 500, focusing on craft breweries, […]

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Exempting Money from State Sales Tax

Posted on June 21, 2017 by admin in Business, Economy, Tax Reform, Taxes

Legislation passed the House overwhelmingly last month that will help stimulate commerce and job creation for coin dealers and those in the Precious Metals trade. House Bill 434 updates current sales tax laws to allow for the exemption from sales taxes for the commercial sales of gold and silver bullion and coins. Included in the exemption is the […]

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The Economy Then and Now

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Recent Articles

  • 2019 Budget Passes First Vote in NC House
  • Tax collections could lead to $700 million windfall
  • NC House Members Urge Governor Cooper to Maintain Balance on State Supreme Court
  • House Enacts Voter ID With Veto Override
  • $793 Million for Florence Recovery
  • 3238
  • Legislature to Convene October 2 for Hurricane Relief
  • State Revenues Exceed Forecast by Over $400 million
  • Hurricane Relief Committee to Investigate Recovery Delays
  • Rep. Szoka and the NC House Keeps their Promises
  • Life, Liberty and the pursuit of Happiness
  • Revenue estimates $252.8 million ahead of targets
  • Flag Day 2018
  • Legislature Overrides Budget Veto
  • Remembering the Day that Saved the World
  • Houses Passes School Safety Programs
  • Legislature Agrees to Adjustments for Current State Budget
  • Six statistics Carolinians should know
  • Employment Increases by more than 85,000
  • Safeguarding Emergency Equipment
  • LEO: No Need to Get Angry
  • The Pharmacy Patient Fair Practices Act
  • A Statue for North Carolina’s Favorite Son
  • A Good and Faithful Servant
  • Remembering Washington on President’s Day
  • A New Pipeline of Money to Public Schools
  • Get Outta My Dreams, Get Into My Car
  • Tax Fraud Prevention Saves State Revenue
  • NC in Top Tier for Economic Preparedness
  • The Electoral Freedom Act of 2017
  • North Carolina in Top 5 States for Wage Growth
  • Republicans Credited For Strong State Economy
  • Governor Cooper Declares State of Emergency
  • Throwback Thursday: The Education Lottery
  • Unemployment Continues to Drop
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