Joseph Coletti, John Locke Foundation fiscal policy analyst, discusses the types of government policy changes that would help North Carolina reduce its unemployment rate, which hit a new peak of 11.2 percent in December 2009.
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...