News
NC budget scales back data center tax break
The new state budget repeals a data center electricity tax exemption as scrutiny grows over energy use, ratepayer costs, and local impacts.
News
Diapers, wipes, tampons could be tax-free in NC
The "Tax-Free Family Essentials Act" is the latest in a series of targeted tax breaks House Republicans have introduced this session to address affordability concerns.
News
Sports wagering revenue nears $300M since 2024 launch
With a third consecutive month of $11.5 million or more, North Carolina moved within $826,700 of $300 million in proceeds from legal sports wagering in May, two years after launch.
News
Stein warns against lowering NC income tax cap
Gov. Josh Stein is calling a proposed constitutional amendment to lower the state’s constitutional income tax cap from 7% to 3.5% "a con, a cynical shell game and a millionaire protection cap" that will only hurt the average North Carolinian and benefit the wealthy.
Opinion
Budget deal sets up a busy week
As lawmakers finalize the details of that budget, I hope they take one more factor into consideration: NC is not adequately prepared for another natural or economic disaster.
News
NC House bill would eliminate local sales tax on groceries
Lawmakers propose eliminating local grocery taxes to ease costs, but critics warn counties could lose millions and face pressure to raise other taxes.
News
Stein data center tax plan draws attention from lawmakers
Lawmakers raise bipartisan concerns over Stein’s data center tax proposal, citing unclear data, economic risks, and questions about process and timing.
Opinion
What I saw in a state with no income tax
In Washington, their lack of income tax aligns with a broader cultural ethos of cultivating innovation and entrepreneurship, which resonates across party lines.
Opinion
A proposal to partially save Social Security
A few decades ago, there were 16 workers paying taxes into Social Security for every retiree; now it's 2.5 per retiree. The next generation can not bear this burden.
Opinion
Greensboro should take 1% prepared-food tax off the menu
In her recent State of the City address for 2024, Mayor Nancy Vaughn of Greensboro put forward a bold proposal: a citywide 1% prepared-food tax. The rationale behind this initiative, according to Vaughn, is to inject much-needed revenue into the community, with estimates suggesting a minimum influx of $20 million. While on the surface, this...
Opinion
Sales-tax rules don’t make sense
I think the North Carolina General Assembly deserves loads of credit for making our tax code friendlier to growth, investment, and freedom. In one respect, however, the state still imposes too heavy a load. It requires too many out-of-state retailers to collect and remit sales taxes. Lawmakers ought to fix this problem when they reconvene...
Opinion
Nation’s highest court could focus on NC cases again
The U.S. Supreme Court could decide soon whether to take N.C. cases dealing with sales taxes and DWI prosecutions.
