Civitas Review

Budget & Taxes Archives

  1. none

    Academic Study: NC's Spending Growth "Unsustainable"; Pension Liability Far Larger Than Reported

    Posted in Budget & Taxes By Brian Balfour | Tagged , ,

    A new study released by the Mercatus Center at George Mason University takes a close look at financial health of North Carolina state government. Among the findings: Real (inflation-adjusted) state spending per capita has increased fourfold in North Carolina since 1970. Three sources of revenue allowed for this increase: (1) tax increases, (2) increased debt, […]

  2. none

    Tax Foundation to NC Legislators: Expand Sales Tax Base, Eliminate Tax on Capital Stock

    Posted in Budget & Taxes By Brian Balfour | Tagged , , , ,

    From the N&O: Legislators heard a call Tuesday to further expand sales taxes and eliminate the capital stock tax – a conservative think tank’s proposal for continuing the state’s tax code overhaul.       The Tax Foundation, based in Washington, D.C., presented its report on North Carolina’s business tax climate, painting a rosy picture […]

  3. none

    Next Bubble to Burst: Auto Loans?

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , ,

    That's the question examined by this article published by the Mises Institute. The article draws comparisons to the housing bubble that burst around 2008, triggering the Great Recession: Artificially low interest rates resulting from massive amounts of new credit expansion encouraging the purchase of consumer durable goods financed via cheap credit. Instead of learning from […]

  4. 1

    What If Trump Thinks He's Already Won?

    Posted in Budget & Taxes, Civitas Review, Elections & Campaigns By Jim Tynen | Tagged , , , , , , , , , , ,

    One of my colleagues, Demi Dowdy, and I were talking about whether Donald Trump would lead a third-party movement, which the Republican presidential hopeful has said he wouldn’t do. I said I doubted Trump, who loves "winning," would try such a bid, which would be doomed to fail.  That would  make Trump a loser, and […]

  5. none

    Obamacare Medical Device Tax to be Scrapped?

    Posted in Budget & Taxes, Civitas Review, Healthcare By Brian Balfour | Tagged , , ,

    Let's hope so. From the N&O: A proposed Affordable Care Act tax freeze affecting nearly 100 North Carolina manufacturers would keep millions of dollars in the state over the next two years if Congress passes this week’s negotiated budget deal.    Some in Congress have had an eye on axing the ACA’s medical device manufacturing […]

Raleigh Web Design, WordPress & Web Development