Hundreds of thousands of hardworking North Carolinians will no longer pay any state income tax by 2019, thanks to several rounds of tax relief provided by the legislature’s Republican majority. A recent memo from the head economist at the non-partisan Fiscal Research Division notes that “of the nearly 4 million tax returns anticipated for tax […]
Planning your summer vacation and looking for some light beach reading? Joseph Coletti over at the John Locke Foundation has you covered with a comprehensive analysis of this year’s state budget: A New State Budget Based On Time-Tested Principles In his 1985 address to the North Carolina Foundation for Research and Economic Education (NC FREE), […]
Study: North Carolina is best state for starting a business by Danielle Chemtob, TBJ News Intern, Triangle Business Journal Entrepreneurs and business owners need look no further than the Tar Heel state to set up shop — North Carolina came out on top in a new study of the best states to start a business. […]
With a bipartisan majority of 76 to 43, the North Carolina House of Representatives voted yesterday to override the governor’s recent budget veto. The budget, now state law, enacts another round of middle-class tax cuts, a fourth consecutive teacher pay raise, and a record-high savings reserve. “The governor chose partisanship over the people of North […]
Legislation passed the House overwhelmingly last month that will help stimulate commerce and job creation for coin dealers and those in the Precious Metals trade. House Bill 434 updates current sales tax laws to allow for the exemption from sales taxes for the commercial sales of gold and silver bullion and coins. Included in the exemption is the […]
The following article was written by Matt Caulder and is reproduced from yesterday’s NC Capitol Connection: Both the House and the Senate have put forward tax cut plans for the coming biennial budget. The competing plans will be discussed in earnest as legislators work to craft a budget plan to send to the governor for […]
With The Bathroom Bill Gone, Here Are 5 Things Happening In North Carolina For The Media To Cover by Patrick Gleason Between the University of North Carolina Tar Heels beating Gonzaga to win the men’s college basketball national championship on Monday, and the North Carolina General Assembly last Thursday repealing House Bill 2, commonly referred […]
Yesterday, leaders of the House Finance Committee filed House Bill 356, “The Tax Reduction Act of 2017,” calling for another round of tax cuts for North Carolina’s families and businesses. This comprehensive legislation builds on the historic tax reforms that have stimulated the state’s rapid economic growth since 2013. House Bill 356 would once again increase North Carolina’s “standard deduction,” this time […]
Representative Bell speaks with Gary Salamido, Vice President of Government Affairs for the North Carolina Chamber of Commerce.
The N.C. Technology Association’s 2017 ‘State of Technology’ report ranked North Carolina No. 1 in the United States for IT employment growth and the percentage of women in the sector’s workforce. The report compares tech job trends across the United States between 2010 and 2015, ranking North Carolina according to key metrics such as IT […]