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.

The 2022 Living Income Standard soars to new heights When COVID-19 arrived, few (if any) pundits predicted inflation would become one of the most fretted-over issues in 2022, but here we are. Supply chain disruptions, pent-up demand, war in Ukraine, and myriad other factors have made it harder and harder for many working families to make ends meet.

Much has been made of the direct cash payments included in the CARES Act passed by Congress to provide relief during the COVID-19 pandemic. Providing emergency aid was the right move, but this step alone won’t solve the financial challenges facing North Carolina families or pull the state out of a rapidly deepening economic hole.

Medicaid expansion is not just a moral imperative — it could provide a much-needed tonic for the fiscal ailments that many rural hospitals face in North Carolina. Legislative leaders’ refusal to expand Medicaid has deprived hundreds of thousands of North Carolinians of lifesaving medical care and has left rural hospitals dangling in the fiscal winds.

As most everyone who knows the North Carolina legislature will tell you, regardless of their political allegiances, the coffee there is terrible. A cup of the bitter and watery stuff is more apt to produce irritability than alertness, a fact that becomes increasingly evident as a legislative session drags on. Inadequate caffeine may be behind some of the head-scratching policy coming out of Raleigh in the last few years...

This time last year, the Trump Administration and Republicans in Congress were racing to stretch ribbon and wrapping paper around a $2 trillion gift to big corporations and rich investment bankers, the optimistically named Tax Cuts and Jobs Act. With a years’ worth of evidence now in, two things are indisputably clear.

We’re living through the worst “good” economy in generations, a reality that many of the rich and powerful people who have rigged the system are desperately hoping the rest of us won’t notice. The last time rich people managed to siphon off this much of the treasure that our economy generates...

History has a habit of turning the tables on us. Economic strengths can become liabilities, and forces that once harmed communities can become necessary to those same communities’ economic survival.

Big corporations and wealthy executives have been on quite a run. Corporate profits are at historic levels, stock prices are through the roof, and plush executive pay has become the norm. At the same time, corporate taxes have been slashed both here in North Carolina starting in 2013 and last December at the federal level.