RALEIGH — The state Senate has given its approval to a proposed constitutional amendment capping the income tax rate at 5.5 percent, but one lawmaker has a better idea. Applying some fiscal restraint, said Sen. Jerry Tillman, R-Randolph, could eliminate the urge to increase tax rates in the first place. Tillman is one of the...
RALEIGH — Gov. Roy Cooper’s proposal to try to lure the film industry to make movies, TV shows, and commercials in North Carolina by returning to an abandoned tax incentives program is meeting resistance. Rep. Chris Millis, R-Pender, said the governor’s plan “shows how inconsiderate he is toward the taxpayers of our state by proposing...
RALEIGH — A noted tax expert calls Gov. Roy Cooper’s proposed middle-class tax break an example of social engineering. Roy Cordato, an economist and vice president for research at the John Locke Foundation, said the proposal is an attempt to use the tax code to promote social policy. “Instead of discriminating against struggling families with...
State Sen. Jerry Tillman, R-Randolph, has a reputation for being plain-spoken. After a Senate bill that included a constitutional cap on the income tax rate failed to get a hearing in the House last year, he issued a typical, unvarnished analysis. “The House ran out of time, and maybe they ran out of nerve,” Tillman...
John Hood on unemployment stats; Terry Stoops, Jerry Tillman and June Atkinson on Common Core; Jay Schalin on scant reform scrutiny for higher ed; Gene Chianelli on N.C.'s historic tax reform; Roy Cordato on protecting freedom with local policies
