This week, the North Carolina House of Representatives Finance committee recommended two COVID-19-related bills (H.B. 1034 and H.B. 1039) which focus on small-business loans. Other benefits of the bills include easing unemployment-claim requirements and waiving tax-filing deadlines.
Read MoreThe State of North Carolina recently released the latest financial report for April 2020. For fiscal year 2020 and the month of April specifically, tax revenue was $2.48 billion, down 35% by more than $1.3 billion compared to April 2019. Thanks to the legislature’s fiscally responsible approach in recent years, North Carolina is in a good position to address the challenges from
With “Phase One” beginning May 8 at 5:00 pm., many wonder what this means for North Carolinians. Gov. Roy Cooper laid out more details Tuesday evening about moving forward into Executive Order 138, which modifies the initial stay-at-home order. Let’s take a look at what’s included and what should have been included. Most importantly, Phase One removes the distinction between
Grover Norquist: “North Carolina is changing the world!” Earlier this week, Americans for Tax Reform President Grover Norquist spoke to a packed room of supporters at CLC’s annual dinner. In a rousing speech defending capitalism, the free market, and his signature issue, tax reform, Norquist told those in attendance how North Carolina’s steady advancement of conservative reforms is a great
The leaves have fallen and college basketball is under way, but on Main Streets across North Carolina there’s still something missing to finish the year. The stalemate in Raleigh has kept the state budget from passing – and with it, important progress has not been made for the lifeblood of our economy: small business. Nearly six months ago on June
