Articles in the Video Category
State, Video »
Raleigh, N.C. – The first tax under Obamacare is a 10% sales tax on indoor tanning salons.
The Patient Protection and Affordable Care Act required tanning salons to start collecting the tax on July 1st. However, business owners across the country are unsure of details related to the tax, because the IRS released its rules only weeks before the deadline.
State, Video »
Joseph Coletti, John Locke Foundation director of health and fiscal policy studies, says economic uncertainty linked to government overreach has helped keep North Carolina’s unemployment rate higher than it otherwise would be. Learn more details here: http://www.johnlocke.org/press_releas… Video courtesy of CarolinaJournal.tv.
State, Video »
Raleigh, N.C. – It’s possible the state is violating North Carolina’s constitutional requirement for a balanced budget.
The discrepancy boils down to accounting. State budget writers work on a cash basis, but accounting rules encourage budget writers to work on an accrual basis.
Accrual accounting would require budget writers to account for the promises they’ve made to state workers. A change would immediately highlight a $28 billion shortfall in the retiree health benefits promised to state workers.
