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Over the weekend, a reporter asked me to comment on Senate Bill 493.
 
When it comes to giving out business incentives, you won’t find North Carolina at the top of the list.
When it comes to giving out business incentives, you won’t find North Carolina at the top of the list.
 
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.
 
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?
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?
 
Credit to Gov. Roy Cooper for finding a way to finagle what should fundamentally be an issue about fairness for his advantage.
Credit to Gov. Roy Cooper for finding a way to finagle what should fundamentally be an issue about fairness for his advantage.
 
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.
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.
 
The economic costs of corporate tax incentives outweigh their benefits, a new study by N.C. State University researchers says.
The economic costs of corporate tax incentives outweigh their benefits, a new study by N.C. State University researchers says.
 
No big announcement. No contentious public meetings. No press conference. But most important — no economic incentives.
No big announcement. No contentious public meetings. No press conference. But most important — no economic incentives.
 
We're fighting to give every American-all over the country, every single American-a future of dignity and purpose and of pride.
 
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
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
 
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
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
 
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.
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.
 
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
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
 
When are special interest subsidies not just special interest subsidies?
 
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."
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."
 
North Carolina politicians and policy analysts have been arguing for decades about targeted economic incentives
North Carolina politicians and policy analysts have been arguing for decades about targeted economic incentives
 
Imagine you are a middle school student called on stage in front of 75 of your friends and peers
Imagine you are a middle school student called on stage in front of 75 of your friends and peers
 
Try as I might, I can't see the wisdom behind this proposed "transformative" projects expansion. I can't. It's terrible
Try as I might, I can't see the wisdom behind this proposed "transformative" projects expansion. I can't. It's terrible
 
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
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
 
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?”
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?”
 
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
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
 
If you think corporate incentives are only used to attract businesses, think again
If you think corporate incentives are only used to attract businesses, think again
 
CNBC, the cable business news channel, predicts that North Carolina will be selected as the site for Amazon's second headquarters
CNBC, the cable business news channel, predicts that North Carolina will be selected as the site for Amazon's second headquarters
 
I've enjoyed following the drama surrounding location of Amazon's second headquarters and, make no mistake, drama it certainly has been
I've enjoyed following the drama surrounding location of Amazon's second headquarters and, make no mistake, drama it certainly has been
 
Earlier this month Amazon announced it was looking for a second headquarters in North America
Earlier this month Amazon announced it was looking for a second headquarters in North America
 
The current political spat between North Carolina’s governor and legislature has produced plenty of heated rhetoric
The current political spat between North Carolina’s governor and legislature has produced plenty of heated rhetoric
 
In the late 1970s, I was appointed to the Economic Development Board
In the late 1970s, I was appointed to the Economic Development Board
 
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
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
 
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...
 
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
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
 
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.
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.
 
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.
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.
 
North Carolina's largest cities dealt with nearly 240 economic development contracts and promised $65 million in incentives from 2009 to 2014
North Carolina's largest cities dealt with nearly 240 economic development contracts and promised $65 million in incentives from 2009 to 2014
 
In an article from WRAL.com lamenting the fact that economic development grants made by the state of North Carolina did not "create" as many jobs as originally intended, John Skvarla, North Carolina's Commerce Secretary and number 1 cheerleader for taxpayer funded business incentives, stated that...
In an article from WRAL.com lamenting the fact that economic development grants made by the state of North Carolina did not "create" as many jobs as originally intended, John Skvarla, North Carolina's Commerce Secretary and number 1 cheerleader for taxpayer funded business incentives, stated that...
 
This year's legislative session turned out to be an ideological struggle, not between Republicans and Democrats but between two factions within the Republican Party. This tension goes to the heart of one's belief in free markets as the most moral and efficient way to organize economic activity...
This year's legislative session turned out to be an ideological struggle, not between Republicans and Democrats but between two factions within the Republican Party. This tension goes to the heart of one's belief in free markets as the most moral and efficient way to organize economic activity...
 
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
 
In 2005, the North Carolina General Assembly established a 35 percent credit for investing in renewable energy. This credit was slated to sunset at the end of 2010. By 2010-11, the Tax Research Division of the Department of Revenue estimated, the credits taken would cost the state $5.65 million...
In 2005, the North Carolina General Assembly established a 35 percent credit for investing in renewable energy. This credit was slated to sunset at the end of 2010. By 2010-11, the Tax Research Division of the Department of Revenue estimated, the credits taken would cost the state $5.65 million...
 
This past week I had the pleasure of being invited to speak at Americans for Prosperity's annual event, the Defending the American Dream Summit. I spoke about Washington's power grab and how the growth of federal agencies is threatening our laboratories of democracy. Many of us know that...
This past week I had the pleasure of being invited to speak at Americans for Prosperity's annual event, the Defending the American Dream Summit. I spoke about Washington's power grab and how the growth of federal agencies is threatening our laboratories of democracy. Many of us know that...
 
We hear a lot about the state of North Carolina and how much they give in economic development dollars to private businesses — but what about the counties? County governments have their own agendas when it comes to economic development and can choose whether or not to participate in these...
We hear a lot about the state of North Carolina and how much they give in economic development dollars to private businesses — but what about the counties? County governments have their own agendas when it comes to economic development and can choose whether or not to participate in these...
 
North Carolina lawmakers would harm, not help, the state's economic growth if they extend and expand corporate tax incentive programs.
North Carolina lawmakers would harm, not help, the state's economic growth if they extend and expand corporate tax incentive programs.
 
It was announced on Tuesday that Mercedes-Benz has decided to move its corporate headquarters from New Jersey to Atlanta, GA, and not to the Raleigh area, as many were hoping. According to this article in the Triangle Business Journal, Georgia offered the company $23 million in corporate welfare...
It was announced on Tuesday that Mercedes-Benz has decided to move its corporate headquarters from New Jersey to Atlanta, GA, and not to the Raleigh area, as many were hoping. According to this article in the Triangle Business Journal, Georgia offered the company $23 million in corporate welfare...
 
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