John Locke Foundation President John Hood answers guest host Henry Hinton’s question about proposals to cap North Carolina’s gas tax in 2012. This exchange took place during the May 20, 2012, episode of N.C. Spin.
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...