Fergus Hodgson, John Locke Foundation director of fiscal policy studies, rebuts a recent study that suggests “tax flight” is a myth. Hodgson offered these comments during an interview with Donna Martinez for Carolina Journal Radio (Program No. 432).
JLF’s Fergus Hodgson explains that tax flight is a real phenomenon
Related
Opinion
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,...
Jeff Moore
News
CATS gold line streetcar beset with financial woes, federal data reveals
A federal report finds that the cost incurred to move a single passenger one mile is $18.71 on the Charlotte’s Gold Line streetcar. This comes in addition to logistical problems faced by CATS Gold Line rail over the past three years.
Zach Rounceville
News
State forecasts $1.4 billion budget surplus
The North Carolina General Assembly's Fiscal Research Division projects that while inflation and interest rates are still up, the state will have $400 million over in collections in the current fiscal year and $1 billion additional revenue coming into the state coffers in FY 2024-25.
CJ Staff
News
NC No.4 in ALEC’s Economic Outlook Rankings
The 17th edition of the annual rankings placed the Tar Heel State as having the fourth best economic outlook among the 50 states, after turning in the eleventh ranked economic performance.
CJ Staff