The death tax, also known as the estate tax, is a tax on a person’s assets at death. Family-owned farms and businesses are most vulnerable to the death tax. When one generation wishes to pass family business assets down to the next generation, the death tax can threaten the continued viability of the business’ operations. […]
Members of the State House need to reject new corporate welfare programs, and special interest tax carve outs, by voting against House Bill 1224. House Bill 1224 contains several provisions that significantly decrease economic freedom for North Carolina taxpayers. These provisions include: A new “Jobs Catalyst” fund that will allow the Department of Commerce to […]
In North Carolina, Opportunity Scholarships are capped to allow only 2,400 students to receive the scholarships. Over 5,500 students applied last year, resulting in a lottery to determine who will have the good fortune to attend a better school. Rather than allocate a good education by the luck of the lottery draw, the General Assembly should […]
Last year, the General Assembly and Governor McCrory passed the Tax Simplification and Reduction Act which simplified the tax code and eliminated many of the state’s tax loopholes. Now special interest groups are pressuring legislators to renew the expiring tax incentives for film production. North Carolina’s film tax incentive gives a tax credit per production […]
Don't give up! Stand against this harmful and disruptive law.