The House of Representatives passed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act on Thursday, despite opposition from Republicans who argued that the bill would funnel billions in taxpayer money toward corporations.
Published: Thursday, August 4th, 2022 @ 11:54 am
By: Daily Wire
|
Economic development incentives divert taxpayer money to politically favored companies at the expense of the rest of the state
Published: Thursday, July 21st, 2022 @ 10:21 am
By: John Locke Foundation
|
Over the weekend, a reporter asked me to comment on Senate Bill 493.
Published: Monday, May 3rd, 2021 @ 11:03 am
By: John Locke Foundation
|
When it comes to giving out business incentives, you won’t find North Carolina at the top of the list.
Published: Monday, February 22nd, 2021 @ 8:40 pm
By: Carolina Journal
|
WRAL reporter Tyler Dukes has examined job creation promises from North Carolina economic-development incentives programs and found them falling far, far short.
Published: Tuesday, January 21st, 2020 @ 4:23 pm
By: John Locke Foundation
|
Imagine you've been given the task to argue that an industry needs government support to survive. How do you think you'd make that case?
Published: Monday, November 11th, 2019 @ 10:19 am
By: John Locke Foundation
|
Credit to Gov. Roy Cooper for finding a way to finagle what should fundamentally be an issue about fairness for his advantage.
Published: Wednesday, October 30th, 2019 @ 5:53 pm
By: Civitas Insitute
|
North Carolina taxpayers are paying Merck, the $210 billion dollar pharmaceutical company that produces Viagra, among other drugs, some $12.5 million in tax incentives to build in Durham.
Published: Monday, July 29th, 2019 @ 6:28 pm
By: Carolina Journal
|
The economic costs of corporate tax incentives outweigh their benefits, a new study by N.C. State University researchers says.
Published: Thursday, May 30th, 2019 @ 5:23 pm
By: Carolina Journal
|
No big announcement. No contentious public meetings. No press conference. But most important — no economic incentives.
Published: Friday, May 17th, 2019 @ 4:53 pm
By: Carolina Journal
|
We're fighting to give every American-all over the country, every single American-a future of dignity and purpose and of pride.
Published: Sunday, February 24th, 2019 @ 12:05 am
By: Stan Deatherage
|
Was Apple's choice of Austin, Texas, over the Research Triangle for its new, $1 billion campus a win or a loss for North Carolina
Published: Thursday, December 27th, 2018 @ 4:29 am
By: John Locke Foundation
|
Senate Bill 820, which skyrockets tax incentives for “big boys with deep pockets,” rampaged through the North Carolina General Assembly last week like a General Patton simile
Published: Saturday, December 22nd, 2018 @ 1:59 am
By: John Locke Foundation
|
Apple surprised the business world Thursday with an announcement it was investing $1 billion in a new campus in Austin, Texas. The announcement also included news of new sites in Seattle, San Diego, and Culver City, California, and expansions in Pittsburgh, New York, and Boulder, Colorado.
Published: Saturday, December 15th, 2018 @ 4:09 am
By: John Locke Foundation
|
It's a safe bet that state Rep. Jonathan Jordan agrees with Republican colleagues Bill Brawley, Susan Martin, and Scott Stone much more often than he agrees with Alexandria Ocasio-Cortez, the incoming New York congresswoman and newly elevated champion of the political left
Published: Wednesday, December 12th, 2018 @ 12:38 pm
By: John Locke Foundation
|
When are special interest subsidies not just special interest subsidies?
Published: Tuesday, December 11th, 2018 @ 3:25 am
By: John Locke Foundation
|
Carolina Journal reports that while the 2020 Republican National Convention in Charlotte would gain international attention and could boost the city's profile in intangible ways, it's unlikely it would "provide a major economic boost to the city."
Published: Friday, July 27th, 2018 @ 1:08 am
By: John Locke Foundation
|
North Carolina politicians and policy analysts have been arguing for decades about targeted economic incentives
Published: Wednesday, July 25th, 2018 @ 12:56 am
By: John Locke Foundation
|
Imagine you are a middle school student called on stage in front of 75 of your friends and peers
Published: Sunday, May 27th, 2018 @ 12:15 am
By: John Locke Foundation
|
Try as I might, I can't see the wisdom behind this proposed "transformative" projects expansion. I can't. It's terrible
Published: Thursday, May 24th, 2018 @ 11:17 pm
By: John Locke Foundation
|
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
|
Gov. Roy Cooper has a history of publicly denouncing “corporate tax giveaways.” Indeed, last year he offered up this question: “Are we going to invest in education and our people, or are we going to continue with further corporate tax giveaways?”
Published: Tuesday, May 22nd, 2018 @ 4:29 pm
By: Civitas Insitute
|
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
|
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
|
CNBC, the cable business news channel, predicts that North Carolina will be selected as the site for Amazon's second headquarters
Published: Friday, December 1st, 2017 @ 12:15 pm
By: Tom Campbell
|
I've enjoyed following the drama surrounding location of Amazon's second headquarters and, make no mistake, drama it certainly has been
Published: Tuesday, October 24th, 2017 @ 11:00 am
By: John Locke Foundation
|
Earlier this month Amazon announced it was looking for a second headquarters in North America
Published: Wednesday, September 27th, 2017 @ 4:00 am
By: John Locke Foundation
|
The current political spat between North Carolina’s governor and legislature has produced plenty of heated rhetoric
Published: Wednesday, July 12th, 2017 @ 9:17 pm
By: John Locke Foundation
|
In the late 1970s, I was appointed to the Economic Development Board
Published: Sunday, May 7th, 2017 @ 9:09 am
By: Tom Campbell
|
Gov. Roy Cooper’s proposal to try to lure the film industry to make movies, TV shows, and commercials in North Carolina by returning to an abandoned tax incentives program is meeting resistance
Published: Sunday, March 5th, 2017 @ 12:36 pm
By: John Locke Foundation
|
Crony capitalism is a term that we have been hearing a lot lately. The term has come into use to distinguish the kind of economic system we, in large part, have in this country with true free market capitalism. In the former there is a cozy relationship between business, particularly big business...
Published: Friday, March 18th, 2016 @ 2:01 am
By: John Locke Foundation
|
Two leading legislative critics of tax incentives to the renewable energy industry have not taken issue with an unusual new program used by Duke Energy Progress allowing high-consumption electricity customers using traditional energy to claim their plants are powered by renewable sources
Published: Sunday, February 21st, 2016 @ 9:11 am
By: John Locke Foundation
|
Saying the current plan is antiquated, a legislative agency on Monday recommended that the state scrap its three-tiered system for awarding economic development grants.
Published: Saturday, January 9th, 2016 @ 5:27 am
By: John Locke Foundation
|
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 their meddling has produced dismal results.
Published: Wednesday, October 28th, 2015 @ 2:02 pm
By: Civitas Insitute
|