Gene Chianelli, finance counsel to N.C. House Speaker Thom Tillis, discusses business community reaction to tax reforms adopted in North Carolina in 2013. Chianelli offered these comments during a Dec. 16, 2013, speech for the John Locke Foundation’s Shaftesbury Society. To watch full-length presentations of JLF events, click here.
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...