Tag:tax increase

  • They Raised Our Taxes, Again

    The new 7 percent sales tax starts December 1, just in time for holiday shopping. I am sure it will help us all get into the Christmas spirit – of giving, and giving, and giving. . .

  • Fleeting Thoughts on the Budget

    A few random musings on the just-passed House budget plan, including the definition of a tax increase, the three Republican yes-votes, and the wrongheaded ban on UNC's Qur'an reading.

  • Throw Taxpayers from the Train

    While the state faces a budget crunch and Congress considers cutting off subsidies, Amtrak boosters in NC are pushing for two new inter-city rail routes to Asheville and Wilmington. What's next, stagecoach rides?…

  • Does Easley Favor More Taxes?

    At a recent speech in Greensboro, the governor seemed to suggest giving localities the ability to raise sales taxes by $400 million starting in July — imposing yet more of a burden on a state economy already in serious trouble.

  • Diversifying NC’s Portfolio

    A major factor explaining why North Carolina’s economy has been so hard hit by the recent recession is a lack of diversity in our manufacturing base. While other states have fostered broad entrepreneurial growth, NC has bet on a few industries.