Fergus Hodgson, John Locke Foundation director of fiscal policy studies, discusses a libertarian approach to taxes during a Jan. 19, 2012, presentation to John Scott’s tax policy class at the University of North Carolina at Chapel Hill.
A rebate to taxpayers? Let’s pay down debt instead
Some legislators have proposed that the General Assembly send some tax money back to us. That sounds like fun. I have another idea: Use whatever money is in mind to pay down state debt. State debt currently stands at $8 billion. This would not change the state balance sheet. It would reduce the chance of...