Following on the heels of North Carolina's dismal showing in the Tax Foundation's business tax climate index, corporate welfare mag Site Selection once again picks North Carolina ... Keep Reading
corporate welfare
Perdue: Cheerleader for the Ruling Class
The ruling class is at it again. Gov. Bev Perdue is excited that New Line Cinema will accept the state's bribe (courtesy of state taxpayers) and film a movie in Wilmington. A ... Keep Reading
Choosing Movie Stars Over Teachers
The N&O today features an excellent piece about North Carolina's corporate welfare scheme that doles out millions in tax breaks and handouts to Hollywood film companies. The ... Keep Reading
Look Beyond the Ribbon-Cutting Ceremony to Judge Corporate Welfare
The Durham Herald Sun recently ran my piece discussing why the corporate welfare handout to Durham-based Cree, Inc. is not worth celebrating. What the Cree ribbon-cutting ceremony ... Keep Reading
Jobs “Created,” But at What Cost?
This N&O article, which describes how North Carolina state government is now subsidizing jobs paying below-average wages, should come as no surprise. During a recession, ... Keep Reading
North Carolina Escapes Microsoft Drain on Economy
Looks like Virginia's bribe to Microsoft was better than North Carolina's bribe to Microsoft: ..late last month, Virginia Gov. Bob McDonnell announced that Microsoft will invest ... Keep Reading
Gov. Perdue Increases Tax Breaks to Billion-Dollar Corporations
Gov. Perdue is set to sign into law more central planning of our economy - this time ramping up more tax breaks for (among other things) television and movie studios filming in ... Keep Reading
Civitas Legislative Report – 7/1
Civitas Institute Budget and Tax analyst Brian Balfour discusses new state budget http://www.youtube.com/watch?v=iayzbs-rwfw ... Keep Reading
That Giant Sucking Sound
Coming from your wallet is the Global TransPark. Profiled yesterday nicely in the N&O. So many great lines in the piece like: "a government project long criticized for ... Keep Reading
Bill Socializes Risk; Hold on to Your Wallets!
Today in the General Assembly, the House of Representatives voted unanimously to not consider HB530, the Life Sciences Development Act, on the floor and send it to a conference ... Keep Reading