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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.
Published: Wednesday, January 19th, 2022 @ 2:47 pm
By: John Locke Foundation
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Corporate Welfare Program Continues to Benefit Wealthy Counties, Awards Another $624 Million in 2020North Carolina’s largest “economic incentive” program continued to favor the state’s already wealthy counties, according to a new report.
Published: Wednesday, May 12th, 2021 @ 2:42 am
By: John Locke Foundation
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The high price tag leaves a bad taste for some
Published: Tuesday, May 4th, 2021 @ 2:19 am
By: Carolina Journal
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How should the State of North Carolina go about corporate taxation and corporate welfare? There are four possible policy combinations.
Published: Saturday, January 25th, 2020 @ 8:28 am
By: John Locke Foundation
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The holiday season may be upon us, but there is no shortage of political happenings in North Carolina.
Published: Friday, December 20th, 2019 @ 8:31 am
By: Civitas Insitute
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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.
Published: Saturday, July 27th, 2019 @ 3:45 pm
By: John Locke Foundation
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States and municipalities courting of large corporations such as Amazon and Apple has brought the folly of economic development tax incentives into the public awareness
Published: Friday, December 28th, 2018 @ 7:52 am
By: Civitas Insitute
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Hardly a week goes by without hearing news that North Carolina or some North Carolina city or town is achieving a high ranking on a business or quality of life survey
Published: Saturday, November 24th, 2018 @ 12:27 am
By: Civitas Insitute
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In many respects, the backgrounds of incumbent Republican Sen. Wesley Meredith and Democratic challenger Kirk DeViere are similar
Published: Monday, November 5th, 2018 @ 1:02 pm
By: John Locke Foundation
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Legislative leaders will boost tax-paid subsidies available in the $23.9 billion 2018-19 budget proposal to induce multibillion-dollar corporations to locate in the state
Published: Wednesday, May 23rd, 2018 @ 10:06 am
By: John Locke Foundation
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The incentives game just keeps getting worse. It used to be that state and local governments would put together a package to help lure a large company for a major project bringing significant numbers of new jobs to an area
Published: Monday, April 16th, 2018 @ 4:33 pm
By: John Locke Foundation
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If you think corporate incentives are only used to attract businesses, think again
Published: Saturday, March 3rd, 2018 @ 1:16 pm
By: John Locke Foundation
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House Bill 589, passed earlier this year by the General Assembly, could put allies of North Carolina’s renewable energy industry somewhat at ease, said Randy Wheeless, a spokesman for Duke Energy, at a Nov. 1 meeting of renewable advocates
Published: Monday, November 13th, 2017 @ 3:36 pm
By: John Locke Foundation
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The NC General Assembly was in session until 1:30 am hammering out Amendments to the budget, and it was passed 93-23, with 11 Republicans and 12 Democrats voting against and sent to the Senate.
Published: Tuesday, May 26th, 2015 @ 5:48 pm
By: Michael Speciale
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School choice remains a top education priority for the Republican-dominated North Carolina General Assembly. While much of the focus this legislative session has been on stabilizing and expanding existing programs and quietly waiting on the state Supreme Court to decide on the constitutionality...
Published: Thursday, May 14th, 2015 @ 4:22 am
By: Civitas Insitute
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North Carolina lawmakers would harm, not help, the state's economic growth if they extend and expand corporate tax incentive programs.
Published: Wednesday, May 13th, 2015 @ 10:01 pm
By: John Locke Foundation
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The NC General Assembly was shut down for about two weeks due to snow and other bad weather. The Bill submission deadline was not extended due to the weather, so we are jumping through hoops now to get our Bills into Bill Drafting before the submission deadline on March 18th.
Published: Tuesday, April 7th, 2015 @ 10:51 pm
By: Michael Speciale
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Last week the John Locke Foundation received a letter from three US Senators as part of a nationwide witch-hunt targeting scientists, universities, advocacy groups, and think tanks who are skeptical of or have presented any evidence that contradicts the alarmist line on global warming. The letter...
Published: Wednesday, March 11th, 2015 @ 8:20 pm
By: John Locke Foundation
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In previous years, Republicans rightly attacked then-Gov. Bev. Perdue's use of economic incentives to promote growth in North Carolina. Since taking control of the state, however, they have regrettably changed their tune. Gov. Pat McCrory and then-Commerce Secretary Sharon Decker last year urged...
Published: Tuesday, March 10th, 2015 @ 6:04 am
By: Civitas Insitute
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Republicans have been quick to claim their tax reform agenda eliminated many unfair tax loopholes and carve-outs for special interests in North Carolina, but there are strong signals that tax-fueled incentives could return in the upcoming session.
Published: Saturday, January 24th, 2015 @ 12:36 pm
By: John Locke Foundation
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We just went through a bit of drama getting a state budget agreement that increased spending and cut taxes. Now, word comes that Gov. McCrory's commerce secretary wants a new tax
Published: Sunday, August 4th, 2013 @ 11:03 am
By: Brant Clifton
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The state House today will consider a bill that would make it easier for North Carolina citizens to challenge tax laws in court.
Published: Monday, May 6th, 2013 @ 4:12 pm
By: John Locke Foundation
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