This according to state Senator Andy Wells (R-Catawba). From the N&O A state senator from Hickory is denouncing as a political “poke in the eye with a stick” a promise of ... Keep Reading
corporate welfare
NC Business Incentives Just a Cottage Crony Industry
A recent press release from Gov. McCrory's office celebrated the announcement of 450 new jobs coming to Davie County, in no small part thanks to a grant from the state's Job ... Keep Reading
NC Business Incentives Just A Cottage Crony Industry
In the face of defeat, claim victory anyway. That’s what state bureaucrats in charge of meddling with North Carolina’s economy are doing in light of a recent report that suggests ... Keep Reading
Senate Approves Corporate Welfare Expansion, $2 Billion Bond
Last night the NC Senate unanimously approved an expansion of the state's Job Development Investment Grant program (JDIG), which is a taxpayer-funded handout to companies meeting ... Keep Reading
The Heavy Price of Renewable Energy in NC
North Carolinians are forced to pay twice to prop up the state’s renewable energy lobby: once in the form of higher taxes and again for higher electric bills to support a Renewable ... Keep Reading
Senate Passes “Compromise” Bills Addressing Economic Incentives, Medicaid Reform
Last night the Senate passed "compromise" bills on economic incentives and Medicaid reform. A press release from Senate President Pro Tem Berger's office sums up the bills: The ... Keep Reading
Speaker Moore: Massive Volvo Package “Just Didn’t Add Up” for NC
At an NC Chamber meeting this week, Gov. McCrory, House Speaker Tim Moore and other legislative leaders talked state budget and economic incentives. McCrory focused on maintaining ... Keep Reading
NC Commerce Bureaucrats Demand More Corporate Bribe Money
WRAL reports that NC Commerce (current and former) continue to wring their hands about the slow progress of extending and expanding the state's program to bribe companies to locate ... Keep Reading
NC Business Owner: Corporate Welfare is a “Smack in the Face” to Home-Grown Businesses
The Char-O just published this letter from a Cornelius business owner about the inherent unfairness of state government corporate welfare programs: I wonder if the N.C. Legislature ... Keep Reading
Comparing the Senate and House Econ Incentive Bills
Some tension is mounting between the NC Senate and Gov. McCrory's office over differences between their competing economic development plans. McCrory's plan was largely captured by ... Keep Reading