SC Guv States Her Desire to Eliminate State Income Taxes
Last month saw Governors from three states (LA, KS, NE) publicly state their desire to eliminate income taxes. Last year Oklahoma introduced legislation to eliminate its income tax (but couldn’t get it...
View ArticleLA Gov. Jindal Releases Plan to Eliminate State Income Taxes, Will NC be Next?
Louisiana Governor Bobby Jindal this morning released details of his plan to eliminate income taxes in his state. The overall concept is very similar to one evaluated in our study “More Jobs, Bigger...
View ArticleNew Legislation Provides More Tax Reform Details
Two more bills filed yesterday help to inform us where tax reform may be headed in North Carolina. The Wilmington Star-News has a summary: The legislation filed Tuesday would restructure the personal...
View ArticleDetails of House Tax Plan Unveiled; Changes are Less Significant than Senate...
The AP is reporting that the North Carolina House has made available to them details of tax reform legislation they are working on. Following are the main highlights of the plan: The personal income...
View ArticleWho Pays NC State Income Taxes?
With tax reform debates in full swing here in NC, the predictable left-wing spin is that anything that drifts from the status quo would result in a “big tax break for the rich at the expense of the...
View ArticleSenate Introduces New Version of Tax Reform
Today the Senate Finance Committee took another crack at their tax reform effort, approving a new version of tax reform legislation. Notable elements of the new plan include: Phases down the personal...
View ArticleWere the State Bond and Corporate Welfare Bill Bargaining Chips for Income...
There has been much written about the tax changes included in this year's final budget bill. Most notable among the changes were a decrease in the personal and corporate income tax rates, the creation...
View ArticleSC Guv States Her Desire to Eliminate State Income Taxes
Last month saw Governors from three states (LA, KS, NE) publicly state their desire to eliminate income taxes. Last year Oklahoma introduced legislation to eliminate its income tax (but couldn’t get it...
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