Earned income tax credit

NC Commerce cancels six JDIG projects

During fiscal years 2003–25, almost half of all Job Development Investment Grants ultimately failed to meet their job creation targets."- Joseph Harris, fiscal policy analyst for the John Locke Foundation.

Katherine Zehnder

Cooper, NC House members talk about North Carolina’s future

Democrat Gov. Roy Cooper issued a warning at last week’s North Carolina Press Association Convention in Raleigh about the future of the state’s economy.

Theresa Opeka

Allstate’s pulling out of NC incentive deal continues trend

One of the nation’s oldest and largest insurance companies had its incentives package terminated by the North Carolina Economic Investment Committee Tuesday for failing to add thousands of jobs to its operations center in Charlotte.

Theresa Opeka

Two more NC business incentive packages fall through

Two companies had their incentives packages terminated Tuesday by the North Carolina

Theresa Opeka

Corporate tax should be priority

Congress and the Biden administration seems determined to hike the federal government’s corporate-income tax. Let’s offset some of the inevitable economic damage in our own state.

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A better way than Cooper’s poorly targeted tax credits

The EITC reduces market wages, leads people to work fewer hours, is costly to administer, and is so complex that it makes excess payments to some taxpayers while keeping others from getting their full benefits.

Joseph Coletti

No, inequality isn’t increasing

A properly constructed poverty measure based on living standards show that the poverty rate fell from 16.8% in 1972 to 2.8% in 2018.

Tax system remains progressive

Although special circumstances may temporarily yield atypical results, in general the effective tax rate — annual taxes paid divided by annual income — rises as annual income rises.

Cooper budget relies on extra taxes

Flowery language aside, the Roy Cooper administration properly books its proposed tax changes as an increase in tax collections — of $392 million over the next two fiscal years.