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 sponsored by Representative Collins 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 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 […]
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 […]
The following piece was written by North Carolina House Majority Leader John Bell and first appeared in the North State Journal on February 8, 2016. What We’ve Done for North Carolina North Carolina was once a state that was defined by slow economic growth, high unemployment, burdensome taxes, and massive federal debt. Our great state […]
We’re all familiar with that old saw “nothing is certain except death and taxes.” Benjamin Franklin wrote those words in a letter to French physicist Jean-Baptiste Leroy in late 1789, two years after the adoption of the United States Constitution and just six months before his death in the spring of 1790. And while it’s taken centuries […]
Guest post by John Hood North Carolina’s economy continues to outperform the national and regional averages — which is one reason why, the results of the gubernatorial election notwithstanding, the state’s policy fundamentals are unlikely to change in the foreseeable future. A few days ago, the federal government released its latest estimates of gross domestic product (GDP) […]
While our friends on the left continue to complain about how conservative economic policies are holding North Carolina back, the state continues to enjoy lower unemployment and unprecedented budget surpluses. It was announced yesterday that for the first quarter (July – September) of the current (2016-17) Fiscal Year, North Carolina collected $191 million more in tax […]
