Dell, Google, now Inspiration Networks joins the list of unfulfilled incentive promises.Thankfully, this one is South Carolina's problem, not ours. But it is just one ... Keep Reading
corporate welfare
Pork for Super Pier Ad
Here is the first glimpse of something I think you will be hearing a lot more about in the near future: ... Keep Reading
Money for Jets and Billion-Dollar Corporations, Yes. Teachers, No.
The Governor's office announced yesterday another corporate welfare handout to a multi-billion dollar corporation. This is your tax dollars being spent to bribe a ... Keep Reading
A Bigger Giveaway for Google and Apple?
Under the Dome is reporting that the NC Senate has proposed as part of their finance package increase the sales tax on electricity from its current rate of 3% to the sales tax rate ... Keep Reading
Perdue Gives $1 Million to “Bank Terrorist”
While the NC House was busy raising your taxes by $780 million, Governor Bev Perdue was in Charlotte yesterday, giving a $1 million grant from the One North Carolina Fund to a ... Keep Reading
Last Hope for Chrysler Bondholders, Possibly the Bond Market
By 4 p.m. today, the U.S. Supreme Court must decide if it will hear a case for some Chrysler bondholders. This last effort by pensions in the state of Indiana may hold the future ... Keep Reading
Cast Your Vote on the Incentive Issue
Fresh on the heels of the Legislature's vote to give Apple Computers large tax breaks to locate in North Carolina, Time Warner Cable's News 14 web site has a web poll up ... Keep Reading
Skybus Part Deux?
Remember Skybus? The low-cost airline that was supposed to fly out of Greensboro's PTI airport supposedly lured to NC with million in incentives that ultimately failed ... Keep Reading
A New Corporate Welfare Giveaway and a Gas Tax Increase
Just another day in the life of the North Carolina Senate.First, a bill (S 575) that would create a whole new massive corporate welfare subsidy for a company to locate to North ... Keep Reading
Subsidizing Billionaires (Again)
Sorry, just catching up on the events of last week, but here we have the State of NC once again giving away your taxpayer dollars to a billionaire. And not just any run of the mill ... Keep Reading