According to news accounts: Gov. Pat McCrory's commerce secretary faced skepticism Tuesday from state senators in a powerful committee as he outlined a request to ... Keep Reading
corporate welfare
Why Business Incentives Won’t Help NC
By Garland S. Tucker III and Francis X. De Luca: In previous years, Republicans rightly attacked then-Gov. Bev. Perdue’s use of economic incentives to promote growth in North ... Keep Reading
Gas Tax, Corporate Welfare Bills Head to House Floor Today
Following up on yesterday's post about two recent Bad Bills of the Week, HB 117 and SB 20 are both scheduled for a vote this afternoon in the NC House. The House yesterday ... Keep Reading
NC House Finance Committee to Hear Two Bad Bills
Today's House Finance Committee is scheduled to debate two recent bills featured as Civitas Institute Bad Bills of the Week. One of the bills is HB 117 - the NC Competes Act. This ... Keep Reading
State Senate Questions Corporate Welfare Program
HB 117 , known as the NC Competes Act, would, among other things, significantly increase the amount of taxpayer dollars in the state's Job Development Investment Grant Fund ... Keep Reading
Legislators Voice Their Desire for More Centralized Control of State’s Economy
Not satisfied with the amount of political favoritism promoted in North Carolina's tax code and budget, some legislators yesterday held a press conference to announce their desire ... Keep Reading
“If Everyone Else Jumped Off a Bridge…”
As a kid, whenever I tried to justify a stupid decision to my parents by saying "but everyone else is doing it," the inevitable response would be: "if everyone else jumped off a ... Keep Reading
NASCAR HoF and Now Chiquita: Charlotte’s Tough Week
Just days after Charlotte City Council announced it will write off more than $22 million in debt from the NASCAR Hall of Fame because of the Hall's financial problems, now Chiquita ... Keep Reading
NC Commerce Officials: We Need Larger Bribes for Corporate Cronies
This lengthy Charlotte Observer article looks at some of the behind-the-scenes dealings between state "economic developers" and major corporations. In short, the government agents ... Keep Reading
Former Commerce Secretary: Corporate Welfare About Elections, Not Jobs
WRAL.com continues its series examining North Carolina's web of corporate welfare schemes, in this article highlighting how taxpayer funds for corporate subsidies are heavily ... Keep Reading
