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16 Results found for corporate giveaways

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North Carolina continues to make headlines for its economic development incentives
 
North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
 
And interstate compacts may be one way to protect business
 
WRAL TechWire yesterday published my column on the surge in billion-dollar corporate welfare giveaways in North Carolina over the past year.
WRAL TechWire yesterday published my column on the surge in billion-dollar corporate welfare giveaways in North Carolina over the past year.
 
Economic development incentives divert taxpayer money to politically favored companies at the expense of the rest of the state
Economic development incentives divert taxpayer money to politically favored companies at the expense of the rest of the state
 
In 2019, Gov. Roy Cooper pledged $146.0 million in corporate welfare to 66 corporations. In 2020, amid shutting down and crippling small businesses with extreme executive orders, Cooper pledged $519.3 million in corporate giveaways to just 48 corporations.
In 2019, Gov. Roy Cooper pledged $146.0 million in corporate welfare to 66 corporations. In 2020, amid shutting down and crippling small businesses with extreme executive orders, Cooper pledged $519.3 million in corporate giveaways to just 48 corporations.
 
Because the state hasn't passed an actual budget bill since FY 2018-19, however, the recommendations are essentially spending adjustments because there is no actual budget to adjust.
Because the state hasn't passed an actual budget bill since FY 2018-19, however, the recommendations are essentially spending adjustments because there is no actual budget to adjust.
 
It appears Gov. Roy Cooper might not be alone when it comes to conflating across-the-board tax cuts with “corporate giveaways.”
It appears Gov. Roy Cooper might not be alone when it comes to conflating across-the-board tax cuts with “corporate giveaways.”
 
WRAL reporter Tyler Dukes has examined job creation promises from North Carolina economic-development incentives programs and found them falling far, far short.
WRAL reporter Tyler Dukes has examined job creation promises from North Carolina economic-development incentives programs and found them falling far, far short.
 
The budget standoff in North Carolina is generating national attention, which focuses on the debate over Medicaid expansion. But there's another policy standoff in Raleigh, and it's interesting not just for what's up for debate, but also for what isn't.
The budget standoff in North Carolina is generating national attention, which focuses on the debate over Medicaid expansion. But there's another policy standoff in Raleigh, and it's interesting not just for what's up for debate, but also for what isn't.
 
But does Cooper actually oppose them or not? The end of June would have confused anyone looking for consistency.
But does Cooper actually oppose them or not? The end of June would have confused anyone looking for consistency.
 
It's a pretty safe bet that most N.C. voters dislike "corporate giveaways."
 
The $23 billion House and Senate budget compromise will include a 3.1 percent increase in spending in the 2017-18 budget year, which is higher than the two chambers agreed to several months ago when budget writing began
The $23 billion House and Senate budget compromise will include a 3.1 percent increase in spending in the 2017-18 budget year, which is higher than the two chambers agreed to several months ago when budget writing began
 
Senate Republicans are pushing bills to reduce the state corporate income tax rate from 5 percent this year to 3 percent in 2017, and restructure the manner in which corporate taxes are calculated. The intent behind the legislation is to make the state more business-friendly and better able to...
Senate Republicans are pushing bills to reduce the state corporate income tax rate from 5 percent this year to 3 percent in 2017, and restructure the manner in which corporate taxes are calculated. The intent behind the legislation is to make the state more business-friendly and better able to...
 
Within hours of the announcement last week that two Charlotte-based companies, LPL Financial and The Lash Group, would relocate thousands of jobs across the border to South Carolina, political and civic leaders in Charlotte and Raleigh began pushing the panic button on business incentives...
Within hours of the announcement last week that two Charlotte-based companies, LPL Financial and The Lash Group, would relocate thousands of jobs across the border to South Carolina, political and civic leaders in Charlotte and Raleigh began pushing the panic button on business incentives...
 
Gov. Pat McCrory and the GOP-led state legislature are at odds over the budget, Medicaid reform, Common Core, and other issues.
Gov. Pat McCrory and the GOP-led state legislature are at odds over the budget, Medicaid reform, Common Core, and other issues.
 
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