Dr. Roy Cordato, John Locke Foundation vice president for research and resident scholar, calls for repeal or reduction of North Carolina’s tax on capital gains. Cordato’s comments are tied to the report North Carolina’s Capital Gains Tax: It’s time to consider a change.
JLF’s Roy Cordato calls for N.C. capital gains tax repeal or reduction
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In-person early voting for the May 14 runoff election gets underway
In-person early voting for the May 14 second primary/runoff election began Thursday at 8 am. It will end on Saturday, May 11 at 3 pm.
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,...
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