A new bill in the NC legislature would very modestly alter North Carolina's program of tax credits for Hollywood film production. Per the Wilmington Star News: HB 994, ... Keep Reading
corporate welfare
“Privatization” of Economic Incentives Fails to Address Key Problems
Our friend Jeanette Doran of the NC Institute for Constitutional Law penned this op-ed in the N&O on the issue of North Carolina's economic incentives, and Gov. McCrory's still ... Keep Reading
We Got Met, Who Pays?
The old Met Life insurance commercials used to feature the tag line, "Get Met, It Pays." Yesterday came the announcement that North Carolina landed Met Life expansion projects to ... Keep Reading
Central Planners Double-Down on Corporate Welfare in W-S
Undaunted by the failed Dell corporate welfare giveaway in Winston-Salem, local and state politicians once again use taxpayer dollars to centrally-plan the economy, by bribing ... Keep Reading
“Education Governor” Gets a C Grade
Governor Beverly Perdue received an average grade in the newest Fiscal Policy Report Card on America’s Governors from the Cato Institute. In addition to an overall grade, the ... Keep Reading
Obama’s Favorite NC Crony
In his speech last night at the Democratic National Convention in Charlotte, President Obama emphasized “the basic bargain at the heart of America's story: the promise that hard ... Keep Reading
Another Corporate Welfare Queen in Financial Trouble
Just last week, I blogged about Chiquita's decision to cut jobs in spite of receiving millions of dollars in state and local government corporate welfare. On a similar note, many ... Keep Reading
About Those Chiquita Jobs Coming to Charlotte….
Courtesy of news aggregator Carolina Plott Hound, we learn that Chiquita Brands International is planning to change their CEO and cut jobs in the wake of falling revenue. Many ... Keep Reading
Happy Hour for Politicians, Cronies
The latest corporate welfare scheme coming from Asheville should give everyone a case of "bitter-beer face": Gov. Bev Perdue today announced that New Belgium Brewing, the third ... Keep Reading
More Crony Capitalism from Perdue
Gov. Perdue punished the struggling NC economy with yet another dose of corporate welfare, this time to a repeat visitor to the corporate welfare trough. As detailed by the ... Keep Reading
