Civitas Review

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    Jan
    13

    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 […]

  2. none
    Nov
    17

    Where Does NC's Tax Climate Rank This Year?

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

    The Tax Foundation today released its new 2016 State Business Tax Climate Index. True to its name, the Index ranks the 50 states according to how conducive each state's tax code is to job creation and economic growth.    North Carolina holds steady at 15th in the 2016 rankings, the same slot as 2015. This […]

  3. none
    Oct
    28

    Tax Foundation: NC's Tax Reform One of the Most Impressive in the Last Ten Years

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

    The Tax Foundation today released the 2015 version of their annual State Business Tax Climate Index – which ranks the tax structure of states according to how (relatively) attractive they are to lure jobs and investment. The index is in its 11th year, and for the first ten years NC performed terribly – ranking among […]

  4. none
    Jun
    07

    Tax Foundation: Proposed Reform Plans Would Make NC Far More Competitive

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

    The Tax Foundation puts out an outstanding annual ranking of state's business tax climate – essentially an index comparing how economically competitive each state's tax code is. As many of you already know, North Carolina ranks a dismal 7th worst in the current Tax Foundation Index – which helps explain our unemployment rate being stuck […]

  5. none
    Jan
    30

    NC's Business Tax Climate 7th Worst in Nation

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

    The Tax Foundation last week unveiled its latest installment of its annual State Business Tax Climate Index for 2012. Unsurprisingly, North Carolina remained far down the list, coming in a dismal 44 – making our state the 7th worst in the nation. Dragging down our ranking is the state's high sales tax and income tax rates. North […]

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