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
economic incentives
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
Could NC’s Economy Grow Without Handouts to Cronies?
The N&O today published my article describing what I'd like to see in a special session in Raleigh to address economic incentives. A sample: Imagine with me for a moment what ... Keep Reading
NC Lawmakers Resurrect Bill for Corporate Welfare
Late yesterday, NC lawmakers brought back to life a bill that had been essentially killed about 6 weeks ago in order to funnel taxpayer dollars to a paper mill in Canton. From USA ... Keep Reading
“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
New Report Shows How Unequal NC’s Tax Code is Structured
The N&O's Under the Dome provides a quick overview of a report produced by the state legislature's Fiscal Research Division detailing the state's "economic development ... 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
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
The Bogus Nature of Corporate Welfare “Job Creation” Claims
Today's Fayetteville Observer includes my article on the faulty methodology used by our state's Dep't of Commerce to tout "new job creation" resulting from corporate welfare ... Keep Reading
Economic Incentives: End Them, Don’t Mend Them
In this article, N&O editors decry the current state of North Carolina's "economic incentives" programs. Right now, those policies, intended to attract or retain job-creating ... Keep Reading