In rural North Carolina, Lyndon McLellan runs the L&M Convenience Mart, a small gas station and restaurant, half a mile outside the limits of Fairmont. In the summer of 2014, every last penny of McLellan’s business bank account was drained by Internal Revenue Service (IRS) agents, on the pretext McLellan was attempting to conceal evidence of money laundering.
Tagged: North Carolina
Thanks to reforms implemented by Gov. Pat McCrory (R), North Carolina now assigns each of its public schools a letter grade, to help parents understand where their child’s school ranks relative to other schools across the state.
In ancient times, wealthy city-states built impregnable walls to ward off attacks from neighboring tribes and other enemies. Today we have a modern-day equivalent in North Carolina, where a few large hospital chains benefit from impenetrable defenses in the form of certificate of need (CON) regulations protecting their wealthy practices from the menace of competition in the form of smaller, more innovative providers that charge less.
Just in time for Halloween, the nonpartisan Tax Foundation has released its annual “State Business Tax Climate Index,” finding some states treat businesses in a rather beastly manner, while others give their local employers the fiscal equivalent of a king-sized candy bar.
NLPC has detailed extensively the wastefulness and folly of spending billions of taxpayer and consumer dollars to subsidize wind energy, solar energy and electric vehicles, all in the name of fighting climate change.
But the complicated, uneconomical boondoggle that Duke Energy built in Edwardsport, Ind. so as to burn coal gas rather than coal – and thus produce less carbon dioxide than a traditional coal plant – may be the dumbest idea to fight imaginary global warming to date. If you swallow the alarmists’ premise and “solutions,” the plant so far is a joke, as recent evidence shows it is using more energy than it produces.
For twenty weeks now, a diminishing troupe has gathered for “Moral Mondays” to protest the outcomes of North Carolina’s first Republican-led legislative session in 150 years. This spring, 2,000 or so people showed up for Moral Mondays protests at the state capitol, and more than 900 have been arrested for disrupting the legislature. On September 23, they numbered about 60.
TweetThis year North Carolina joined the growing number of states considering major changes to its tax system. Several major tax reform bills are now being considered. Three of these bills[…]
TweetEnergy Expert John Droz reports on North Carolina legislation that would roll back the state’s renewable power mandates. Listen to Heartland’s James M. Taylor interview John Droz, a North Carolina-based[…]
TweetThe North Carolina House Commerce and Job Development Subcommittee on Energy and Emerging Markets narrowly passed a bill Wednesday that would slowly reduce and ultimately end the state’s renewable portfolio[…]
TweetApple, Inc. has grown into a widely admired and one of the most valuable companies in the world, producing terrific products that generate long waiting lines every time a new innovation[…]
TweetIn the midst of state budgetary turmoil, it is not surprising that legislators are turning to unconstitutional regulatory measures in the pursuit of a few extra tax dollars. Arkansas, Connecticut,[…]
TweetPummeled by tornadoes in April, North Carolina residents bravely soldiered forth to pick up the pieces, assist one another, and set the state aright. Not all disasters affecting Tar Heel[…]