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Nearly three months into the fiscal year, a budget bill has finally arrived
Nearly three months into the fiscal year, a budget bill has finally arrived
 
On Friday, both chambers of the state legislature sent House Bill 259, the state budget, to Gov. Roy Cooper’s desk for his signature.
On Friday, both chambers of the state legislature sent House Bill 259, the state budget, to Gov. Roy Cooper’s desk for his signature.
 
North Carolina continues to make headlines for its economic development incentives
 
Diverting scarce resources to failed projects represents waste in our economy
 
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.
 
As thousands of small businesses were forced to close for good as a result of his economic lockdowns, Gov. Cooper’s administration handed out $1.2 billion worth of corporate welfare to giant corporations like Apple, FujiFilm, and Toyota in 2021.
As thousands of small businesses were forced to close for good as a result of his economic lockdowns, Gov. Cooper’s administration handed out $1.2 billion worth of corporate welfare to giant corporations like Apple, FujiFilm, and Toyota in 2021.
 
Economic equality is an unattainable goal – and that’s the point.
 
North Carolina’s largest “economic incentive” program continued to favor the state’s already wealthy counties, according to a new report.
North Carolina’s largest “economic incentive” program continued to favor the state’s already wealthy counties, according to a new report.
 
The economy is rigged, but not in the way Bernie Sanders thinks — capitalism is not the problem.
The economy is rigged, but not in the way Bernie Sanders thinks — capitalism is not the problem.
 
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
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
 
The North Carolina Senate's budget plan would increase state spending at half the rate proposed by Gov. Roy Cooper and include a tax cut package projected to save taxpayers $1 billion over its first two years of implementation
The North Carolina Senate's budget plan would increase state spending at half the rate proposed by Gov. Roy Cooper and include a tax cut package projected to save taxpayers $1 billion over its first two years of implementation
 
Last week I discussed and endorsed the idea that, instead of trying to create a consumption tax by abolishing the income tax and reforming the sales tax, North Carolina should instead use the existing apparatus of the income tax to accomplish that same goal.
Last week I discussed and endorsed the idea that, instead of trying to create a consumption tax by abolishing the income tax and reforming the sales tax, North Carolina should instead use the existing apparatus of the income tax to accomplish that same goal.
 
The General Assembly is three months into the long session. More than 1,700 bills have been filed with fewer than 50 (as of this writing) now law.
The General Assembly is three months into the long session. More than 1,700 bills have been filed with fewer than 50 (as of this writing) now law.
 
If you check out Forbes Magazine's List of the Best Places for Business and Careers, you will find a slideshow of silver skyscrapers hailing the prosperity of Raleigh and other North Carolina metro areas - but failing to show economic reality elsewhere in the Tar Heel State.
If you check out Forbes Magazine's List of the Best Places for Business and Careers, you will find a slideshow of silver skyscrapers hailing the prosperity of Raleigh and other North Carolina metro areas - but failing to show economic reality elsewhere in the Tar Heel State.
 
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