North Carolina’s state pension plan is prepared to weather another recession, a Pew Charitable Trusts stress test says. North Carolina has the sixth best-funded state pension plan in the nation. It boasted a 90.7% funded ratio in 2017, leaping over the…
The open 2020 N.C. lieutenant governor’s race is drawing a crowded field of candidates, including one Republican who plans to vacate his current job on the Council of State. Rick Henderson, Carolina Journal editor-in-chief, analyzes recent developments in the race for lieutenant governor. Henderson also explains how Mark Johnson’s decision…
Joseph Coletti, John Locke Foundation senior fellow, discusses Democrats’ latest proposals to tax the rich. Coletti offered these comments during an interview with Donna Martinez for Carolina Journal Radio.
While there is no unanimous verdict in the economic literature, most studies show that economic freedom boosts economic growth in general and entrepreneurship in particular.
Thousands of distillers, brewers, and vintners across the country, are worried. Probably rightfully so. It’s not onerous state rules or continued noise from prohibitionists that worries them. Those are certainly deep concerns, but not necessarily in this moment. The target of their…
Mecklenburg County voters recently rejected a sales-tax increase. It was advertised as raising money for “arts and parks.” Joseph Coletti, John Locke Foundation senior fellow, has examined the impact of the timing of local sales-tax votes on the likelihood of their approval. He’s found that voters are less likely to…
John Locke Foundation Chairman John Hood answers host Tom Campbell’s question about reaction to North Carolina’s ongoing budget impasse. This exchange took place during the Nov. 15, 2019, edition of “NC SPIN.”…
Rep. Craig Horn, R-Union, said he wouldn’t be surprised if a judge orders the state to spend more on education. But it would spark a constitutional crisis. “The constitution of North Carolina is very clear as to who has the authority to appropriate money,”…
Mecklenburg County voters rejected a plan to raise the sales tax to fund arts and parks. The quarter-cent tax would have taken the county’s rate from 7.25% to 7.5%, but 57% of voters said no. The Mecklenburg Tax Alliance,…
Joseph Coletti, John Locke Foundation senior fellow, places the failed November 2019 Mecklenburg County sales-tax vote in a statewide context. Coletti offered these comments during an interview with Donna Martinez for Carolina Journal Radio.
