John Locke Foundation President John Hood answers host Tom Campbell’s question about a proposal to create a new North Carolina tax that would assess drivers based on the number of miles they drive. This exchange took place during the April 6, 2014, episode of N.C. Spin.
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,...