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April 22, 2009
Joseph Coletti of the John Locke Foundation: Tax Reform in North Carolina
Forty-five states currently face budget shortfalls totaling approximately $132 billion through fiscal year 2010. As was pointed out by Director of State Projects, Joseph Henchman, these budget shortfalls have also created opportunities for tax reform in many states.
In this week's edition of the Tax Policy Podcast, Manager of State Relations Tonya Barr talks with Joseph Coletti, Fiscal and Health Care Policy Analyst at the John Locke Foundation in Raleigh, North Carolina. Joe goes through foundation's new report, "Tax Reform in North Carolina," which recommends instituting a flat "consumed income tax," repeal of the corporate income tax and the elimination of all special tax breaks for new and existing businesses.
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The Tax Policy Podcast is the official podcast of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback via email: podcast@taxfoundation.org.
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