Defend democracy in the South.

tax avoidance

INSTITUTE INDEX: Will Congress fairly tax the ultra-rich?

April 8, 2022 - The U.S. is home to over 730 billionaires, with over 140 living in Southern states. The new budget proposal from President Biden calls on Congress to pass what's being called a "Billionaire Minimum Income Tax" that would levy annual gains in stocks and other assets held by the richest .01% — assets that are not taxed at all now unless they're sold.

Dorothy Brown on racism in the tax code

June 11, 2021 - The Emory law professor and author of "The Whiteness of Wealth" calls for returning to a progressive income taxation system and establishing a tax credit as compensation for systemic racism. She also argues that simply publishing tax data by race could make the public angry enough to want to change the federal tax system.

INSTITUTE INDEX: NC tries to patch frayed social safety net with turnip greens

October 25, 2013 - Saying they hope to ease the pain from the federal government shutdown, Gov. Pat McCrory this week announced he was sending turnip greens from the state prison farm to food banks, while state budget director Art Pope's foundation said it would contribute $185,000 to various charities. But can such alms-giving make up for policies that weaken public assistance programs?

Apologies and Apple

May 29, 2013 - In 2010, Rep. Joe Barton of Texas retracted his apology to BP for the Obama administration's effort to get compensation for those affected by the Gulf oil disaster. Will Sen. Rand Paul of Kentucky have to do the same with his call for the Senate to apologize to Apple for criticizing the company's brazen tax dodging?