Category: Spending & Taxes

  • UPDATE: Cooper signs bill providing class-size flexibility

    UPDATE, April 27, 6:45 p.m. Gov. Roy Cooper signed H.B. 13 into law. UPDATE, April 27. 4:25 p.m: The House agreed with the revised Senate version of the bill Thursday afternoon, passing it by a 112-3 margin.  After weeks of outrage from school administrators who worry that lower class sizes…

  • Sen. Burr working quietly to keep North Carolina safe

    I recently had the opportunity to interview U.S. Sen. Richard Burr for my public affairs program “Front Row” on UNC-TV. In full disclosure, I have known Richard since 1992 when a mutual friend introduced us and asked me to help with paid media in the waning days of his campaign.

  • State budget crisis unlikely, fiscal expert says

    The Insider reported recently about a Fiscal Research Division analysis showing the Senate’s “Billion Dollar Middle Class Tax Cut” would lead to $600 million shortfalls in three of the next five years. Fiscal staff started from the assumption that state government would do all the same things the…

  • Folwell pursuing fees from pension fund managers

    State Treasurer Dale Folwell wants to know if Wall Street investors charged the state fees on $9 billion of state pension plan money that never got invested. At the same time, unfunded liabilities in the retirement system grew to more than $13 billion. Folwell said some…

  • Governor appoints eight to State Banking Commission

    Former state senator Don Vaughn of Greensboro and former U.S. ambassador Mark Erwin are among Gov. Roy Cooper’s eight appointees to the State Banking Commission. “North Carolina is a leader in banking, and this Commission provides important expertise and oversight for our state’s banks,” Cooper said…

  • Don’t fear a robot invasion

    Claims that machines will displace workers and lead to stagnation, poverty, and social unrest have been made for centuries, despite the fact that they always turn out to be wrong.

  • North Carolina sets national example for tax reform

    North Carolina has attracted national attention for wide-ranging structural tax reforms adopted since 2013. Tax Foundation Vice President Joseph Henchman highlighted those reforms and explained how North Carolina compares with competing states during a presentation Monday to the John Locke Foundation’s Shaftesbury Society.

  • High Point council OKs stadium, but where’s the team?

    HIGH POINT­­­ — Greensboro has its downtown baseball stadium. Winston-Salem has its downtown baseball stadium. So why shouldn’t High Point — the Triad’s redheaded stepchild — have its own downtown baseball stadium? It should — or at least the City Council said so April 3, when…