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Like a recovering addict on the verge of a major binge, some North Carolina lawmakers are on the brink of falling back into the black hole of tax credits
Like a recovering addict on the verge of a major binge, some North Carolina lawmakers are on the brink of falling back into the black hole of tax credits
 
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...
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...
 
Just when I think the NC Chamber can't sink any lower, they DO.
 
We've expressed our dismay at recent legislation - sponsored by a hodge-podge of statist Democrats, RINOs, and reputed conservatives - to extend the 35 percent credit for solar energy production for five years.
We've expressed our dismay at recent legislation - sponsored by a hodge-podge of statist Democrats, RINOs, and reputed conservatives - to extend the 35 percent credit for solar energy production for five years.
 
During the recently-completed GOP primary for US Senate, speaker Thom Tillis told a fundraiser crowd in Wilmington he favored the retention of state incentives for studios shooting movies and TV shows in North Carolina.
During the recently-completed GOP primary for US Senate, speaker Thom Tillis told a fundraiser crowd in Wilmington he favored the retention of state incentives for studios shooting movies and TV shows in North Carolina.
 
One of the Democratic Party's key selling points is that Democrats favor the little guy struggling against Big Business and other powerful forces.
One of the Democratic Party's key selling points is that Democrats favor the little guy struggling against Big Business and other powerful forces.
 
Every policy and decision by government has economic costs, and more so when the policy interferes with or, worse, prevents some market choices. Such negative economic effects are what make even more pernicious the practice of cronyism.
Every policy and decision by government has economic costs, and more so when the policy interferes with or, worse, prevents some market choices. Such negative economic effects are what make even more pernicious the practice of cronyism.
 
Less than a month after North Carolina legislators approved more money for the state's film tax incentives program, a new John Locke Foundation Spotlight Report pans film incentives as a clear example of cronyism.
Less than a month after North Carolina legislators approved more money for the state's film tax incentives program, a new John Locke Foundation Spotlight Report pans film incentives as a clear example of cronyism.
 
At the November Beaufort County Commissioners meeting the board went into closed session with Economic Developer Tom Thompson and National Spinning Jim Chesnutt.
At the November Beaufort County Commissioners meeting the board went into closed session with Economic Developer Tom Thompson and National Spinning Jim Chesnutt.
 
Crony capitalism. Well connected special interests getting lucrative breaks from government has become so commonplace that most Americans no longer pay much attention to them.
Crony capitalism. Well connected special interests getting lucrative breaks from government has become so commonplace that most Americans no longer pay much attention to them.
 
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