Why NC’s tax revolution points to the FairTax
The Fair Tax Act is currently in Congress, with 14 House sponsors (including Rep. Mark Harris of North Carolina) and the endorsement of over 80 economists.
Tax reform is a process that ought to lead to a destination — but there is as yet no consensus about that destination among Republican leaders in North Carolina.
Though problematic, a proposed national sales tax plan has elements that could render the Affordable Care Act unworkable.
Although the Fair Tax and Flat Tax groups disagree on how best to levy state taxes — indirectly through business collectors or directly to households — they actually agree on the preferred tax base.
RALEIGH — The generation gap between incumbent Rep. George Cleveland, 74, and his 27-year-old Republican rival Bobby Mills isn’t the only difference separating the candidates, Cleveland says.
Tax reform is a complicated issue. It isn’t just an economic or fiscal issue. Politics will inevitably play a role.
While there are several different paths to choose in state-level tax reform, the fundamental goals is the same: to tax consumed income rather than total income.
The News & Observer calls Etheridge misleading for something the newspaper itself did two weeks earlier.
RALEIGH — Carolina Journal asked the state's candidates for federal office their approach to the tax cuts that initially were passed in 2001 and 2003. Their unedited responses follow.
RALEIGH – Iraq war veteran and congressional hopeful Will Breazeale on Thursday became the first candidate in the nation to take a bonded term limits pledge, agreeing to donate $250,000 of his own assets to a private charity if, after being elected, he doesn’t limit himself to three terms in office.
RALEIGH — Today, Carolina Journal Radio’s Mitch Kokai discusses a proposed tax system that has been dubbed the “Fair Tax” with Larry Hull, a North Carolina resident who spent 25 years in the financial services industry. (Go to http://www.carolinajournal.com/cjradio/ to find a station near you or to learn about the weekly CJ Radio podcast.)