Chad Adams, John Locke Foundation vice president and Center for Local Innovation director, discusses highlights of CLI’s latest By The Numbers report, which ranks cities and counties by their local government tax burden.
Give it back
Last week the non-partisan Fiscal Research Division of the North Carolina General Assembly forecast yet another $1 billion+ surplus in anticipated tax revenues for the 2024–2025 fiscal year. That’s on top of the $400+ million in surplus collections for the 2023-2024 fiscal year. The news, the latest in a decade-long run of tax revenue surpluses,...