News
Report: NC No. 11 in online sports betting tax rates
North Carolina taxes online sports betting at a rate of 18 percent.
News
NC taxes on wireless internet services hold steady as national rates rises
North Carolina’s taxes on cellular users are 9.12%, more than three percent below the national average of 12.82 percent. The state rate increased only slightly from 9.05% in 2023. Nationwide, wireless service taxes increased 8.8% on average nationwide in 2024, according to a new report from the Tax Foundation. State and local taxes on wireless...
News
CJ POLL: Plurality of voters want a tax rebate with surplus
As state lawmakers in Raleigh wrestle with how to divide surplus tax revenues among sundry spending priorities, North Carolina voters are raising their hand to ask for some of their money back. In a survey of 600 likely general election voters, conducted May 4-5, respondents were asked their perspective on projected tax revenue surpluses, and...
Opinion
New evidence confirms taxes matter
Ever since Republicans won control of the North Carolina General Assembly in 2010 and began reforming the state’s tax code, progressive critics have argued that taxes play little to no role in shaping economic outcomes. Indeed, they argue that the economic benefits of state expenditures outweigh any potential benefits from tax reduction. The logic of...
News
Audit: Charter school falsified student records and misused funds
Surry County charter school falsified student records and misused funds according to a State Auditor report. An investigative report by State Auditor Beth Wood’s office has revealed that a now-defunct charter school in Surry County falsified student enrollment records to obtain state funding, misused school funds, and failed to prepare and submit 1099 tax forms. The report on...
Podcast
Recent N.C. tax reforms attract positive national attention
From Carolina Journal Radio Program No. 742: North Carolina has attracted national attention in recent years because of the positive effects of its tax reforms. Joseph Henchman, executive vice president of the Tax Foundation, explains why North Carolina’s reforms offer a good example for other states across the country. Henchman also discusses other reforms state...
Podcast
Carolina Journal Radio No. 742: N.C. State researchers say school silenced their solar views
Two N.C. State University researchers say the university has silenced them because they’ve raised concerns about potential negative impacts from utility-scale solar energy projects in North Carolina. In a Carolina Journal exclusive, Associate Editor Dan Way has documented evidence of the university’s efforts to downplay the researchers’ work. North Carolina has attracted national attention in...
Opinion
N.C. Cuts Save Taxpayers Billions
Here’s a statement that North Carolinians of all political stripes can agree is a fact: Gov. Pat McCrory and the state legislature have enacted the largest tax cut in the history of North Carolina. Conservatives celebrate this fact. Liberals decry it. Since the GOP won control of the state legislature in the 2010 elections, state...
Opinion
Grade Us On The Curve
The available evidence suggests that most state governments have become too large and intrusive to justify the economic value they deliver.
