fiscal policy


US history lesson: Taxes on rich people helped to beat inflation (and win World War II)

BY: - October 6, 2022

North Carolina lawmakers should learn from past national experience and rethink state's fiscal policies Did you know progressive taxes helped beat Hitler? If not, don’t worry, you’re not alone. It’s worth looking back at how taxes helped tackle inflation during WWII and what lessons NC leaders still need to draw from that bit of economic history.

Stop the bleeding: The last thing North Carolina needs right now is another round of big tax cuts

BY: - April 20, 2021

If you’re an American of a certain age, you may remember one of the zanier TV comedy sketches of the late 20th Century in which the great Steve Martin joined some of the early "Saturday Night Live" cast members in the role of “Theodoric of York, Medieval Barber.” If your memory has faded or that was before your time, don’t fret, you can always find it online or catch a more modern iteration (though sadly, not for laughs) over at the North Carolina Genera Assembly...