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
crony capitalism
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
“Renewable Energy” Cronies Stepping Up Their Political Pleas
The North Carolina Sustainable Energy Association this morning sent out an action alert to its members. The alert informs members that there will likely be a decision made on the ... Keep Reading
Oh the Irony: Solar Cronies May Soon Fund Hollywood Cronies
The political blog Jones & Blount is reporting that the state tax credit for investment in renewable energy may be allowed to expire. The tax credit has been the subject of ... Keep Reading
NC House and Senate Agree: Hollywood Fat Cats Deserve Your Tax Dollars
According to a press release from House Speaker Moore's office, in spite of continued differences in state budget negotiations, the NC House and Senate have come to an agreement on ... Keep Reading
Cut This, Go Home: Eliminate Targeted Tax Credits, Film Subsidy
This series, entitled “Cut This, Go Home,” includes several budget items that should no longer receive taxpayer funding because they fall well outside the legitimate, core ... Keep Reading
New Debt, Crony Tax Carve-Outs and Fee Hikes Galore in House Budget Plan
A House budget document sent to House Finance Committee members Sunday night includes sections focused on proposed new debt along with tax and fee changes being considered for 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
Volvo Chooses South Carolina; NC Taxpayers Save Millions
NC's Commerce Secretary is upset that NC legislators didn't pony up enough taxpayer dollars to bribe Volvo to bring its plant to North Carolina. Commerce Secretary John Skvarla ... Keep Reading
