From Carolina Journal Radio Program No. 754: North Carolina moves up to No. 11 in the Tax Foundation’s latest ranking of states’ business tax climates. Before comprehensive tax reform launched in 2013, the Tar Heel State’s ranking languished in the 40s. Roy Cordato, John Locke Foundation senior economist and resident scholar, discusses the reasons for the improvement. Cordato also outlines some top priorities for federal tax reform.
North Carolina continues to climb Tax Foundation’s business tax climate rankings
Related
News
State forecasts $1.4 billion budget surplus
The North Carolina General Assembly's Fiscal Research Division projects that while inflation and interest rates are still up, the state will have $400 million over in collections in the current fiscal year and $1 billion additional revenue coming into the state coffers in FY 2024-25.
CJ Staff
Opinion
State revenues are down this year
State Controller Nels Roseland has just released five months of reports about North Carolina’s General Fund budget. I’m told the delay wasn’t nefarious. It was caused by a change in accounting systems. Well, better late than never — but I hope the delay hasn’t lulled our leaders into complacency. Over the first two-thirds of the...
John Hood
News
NC No.4 in ALEC’s Economic Outlook Rankings
The 17th edition of the annual rankings placed the Tar Heel State as having the fourth best economic outlook among the 50 states, after turning in the eleventh ranked economic performance.
CJ Staff
Video
The Debrief: Is this the end of DEI on campus?
This week on the Debrief, Vice President Kamala Harris is back in North Carolina, for the second time in two weeks, and there will be s a new name on your November presidential ballot. What is a “benefits cliff?” We’ll explain how a raise can be a net loss for those on entitlement programs, plus...