As the Democrats force Americans to go green, automakers are going even greener. Ford and General Motors unveiled price increases for their electric vehicle lineups as the Inflation Reduction Act — which includes electric vehicle tax credits — is slated to become law.
Published: Tuesday, August 23rd, 2022 @ 11:34 pm
By: Daily Wire
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The dispute between solar energy finance companies and the state’s revenue department has reached court.
Published: Tuesday, October 1st, 2019 @ 9:19 am
By: Carolina Journal
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North Carolina life insurance customers may pay higher premiums unless the Cooper administration reverses course on renewable-energy tax credits.
Published: Monday, September 9th, 2019 @ 10:57 am
By: Carolina Journal
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Tax credits claimed by clients of Dan McCready’s solar investment company may be jeopardized by Gov. Roy Cooper’s Department of Revenue.
Published: Wednesday, August 21st, 2019 @ 10:32 pm
By: Carolina Journal
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Gov. Roy Cooper, an advocate for renewable energy whose family leases land for solar farms, is denying tax credits for solar energy investments.
Published: Friday, August 9th, 2019 @ 2:14 pm
By: Carolina Journal
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Benefit or boondoggle? That’s the billion-dollar question.
Published: Sunday, June 23rd, 2019 @ 7:07 pm
By: Carolina Journal
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A bipartisan group of state representatives filed House Bill 751, resurrecting a 25 percent tax credit program.
Published: Friday, May 17th, 2019 @ 5:10 pm
By: Carolina Journal
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Time Magazine’s Aug. 6 special issue focuses on the American South. One of the articles is about Georgia’s film production incentives, entitled “How Georgia Became the Hollywood of the South.”
Published: Tuesday, August 14th, 2018 @ 3:10 pm
By: John Locke Foundation
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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
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The proposed new state budget would not expand the state’s overall film grant program this year
Published: Saturday, June 2nd, 2018 @ 12:08 pm
By: John Locke Foundation
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State Rep. Chris Millis says the renewable energy industry hoodwinked North Carolina about the costs of giving special deals to renewable producers, which exploded from an initial projection of less than $5 million to $1.6 billion in payouts through 2016
Published: Friday, May 26th, 2017 @ 5:11 pm
By: John Locke Foundation
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Democratic Gov. Roy Cooper's selection of Rep. Susi Hamilton as secretary of natural and cultural resources is emblematic of the philosophical contrast between Cooper and the GOP legislative majority, state Rep. Chris Millis said
Published: Tuesday, January 24th, 2017 @ 6:16 pm
By: John Locke Foundation
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According to a front-page story in today's News & Observer, Deborah Ross frequently touts the votes she took in support of historical preservation tax credits during her career in the legislature.
Published: Wednesday, October 19th, 2016 @ 5:32 am
By: jonah
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According to a front-page story in today's News & Observer, Deborah Ross frequently touts the votes she took in support of historical preservation tax credits during her career in the legislature.
Published: Wednesday, October 19th, 2016 @ 4:33 am
By: jonah
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The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
Published: Thursday, October 6th, 2016 @ 2:22 am
By: John Locke Foundation
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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
Published: Saturday, June 18th, 2016 @ 3:44 pm
By: John Locke Foundation
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Governor Pat McCrory and Department of Natural and Cultural Resources Secretary Susan Kluttz celebrated the preservation of Historic Tax Credits (HTC) in North Carolina at an event in Burlington today. Restoring the HTC was a major element in Governor McCrory's legislative agenda that he detailed...
Published: Tuesday, October 27th, 2015 @ 11:51 pm
By: McCrory Communications
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This series, entitled "Cut This, Go Home," includes several budget items that should no longer receive taxpayer funding because they fall well outside the legitimate, core functions of government.
Published: Wednesday, September 30th, 2015 @ 11:01 pm
By: Civitas Insitute
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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...
Published: Wednesday, September 16th, 2015 @ 3:25 am
By: John Locke Foundation
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While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
Published: Thursday, June 11th, 2015 @ 3:36 am
By: John Locke Foundation
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The General Fund budget proposal released Monday by GOP state House leaders for the two-year budget cycle starting July 1 would increase spending by nearly $1 billion more than the increase recommended in March by Gov. Pat McCrory, a fellow Republican.
Published: Friday, May 22nd, 2015 @ 4:35 am
By: John Locke Foundation
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Gov. Pat McCrory called on lawmakers to honor a promise to increase starting teacher salaries to $35,000 and included salary boosts for state troopers and corrections officers Thursday as he unveiled his $21.5 billion General Fund budget for the 2015-16 fiscal year.
Published: Wednesday, March 11th, 2015 @ 9:18 pm
By: John Locke Foundation
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The question of whether our state government ought to subsidize historic preservation is distinguishable from the question of how government should deliver those subsidies. Unfortunately, these two issues have been lumped together by lawmakers when discussing the recent sunset of the historic...
Published: Tuesday, February 3rd, 2015 @ 12:43 am
By: John Locke Foundation
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Spurred on by Gov. Pat McCrory, who has assembled a coalition to restore discontinued historic preservation tax credits, state Cultural Resources Secretary Susan Klutz on Thursday directed her statewide whistle-stop tour to Eden, home of Senate leader Phil Berger.
Published: Friday, January 23rd, 2015 @ 8:59 am
By: John Locke Foundation
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Governor McCrory and others are advocating the restoration of the historic preservation tax credit.
Published: Saturday, December 27th, 2014 @ 8:45 am
By: Tom Campbell
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Efforts by the state's film industry to continue getting incentives from North Carolina taxpayers were revived Thursday when a Senate committee - and later the entire Senate - approved a new plan awarding grants to filmmakers.
Published: Monday, June 9th, 2014 @ 7:17 pm
By: John Locke Foundation
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How serious are our state leaders about economic growth and long-term recovery? Are they committed to broadening the base of taxpayers so that everyone pays something and nearly everyone pays less? Will they stand strong to continue the reforms that are turning the state around?
Published: Saturday, May 31st, 2014 @ 10:14 pm
By: John Locke Foundation
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Do you think your taxes are too high? Would like a tax break? Well, some NC legislators are happy to give you a big tax break – if you are a big Hollywood film studio.
Published: Wednesday, May 28th, 2014 @ 2:08 pm
By: Civitas Insitute
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To make a long story short, the great debate in North Carolina politics concerns how state and local governments can best promote economic growth and opportunity. Opinions differ widely, as one might expect. But generally speaking, they can be grouped into three schools of thought that bear...
Published: Tuesday, April 22nd, 2014 @ 8:31 am
By: John Locke Foundation
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In February, a North Carolina tax preparer of Hispanic descent told Carolina Journal that several tax preparers in her community help their clients commit federal income tax fraud by claiming tax credits for children who either do not exist or do not live in the United States.
Published: Saturday, March 8th, 2014 @ 8:47 pm
By: John Locke Foundation
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I've had my disagreements with Duke Energy, both historically and recently. But the company got a bum rap in a new story stumbling its way through media circles: that Duke Energy uses abusive tax loopholes to avoid paying its fair share of federal income taxes.
Published: Friday, March 7th, 2014 @ 1:11 am
By: John Locke Foundation
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Momma always said you can learn more listening than you can speaking, so now that a judge has called a temporary halt to North Carolina's school voucher program let's spend time in listening to both sides of this issue. And the best way to get information is to ask questions.
Published: Saturday, March 1st, 2014 @ 5:01 am
By: Tom Campbell
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North Carolina's film tax credits are currently slated to expire at the close of 2014. Accuracy requires use of the word "currently" to underscore the fluidity of the situation.
Published: Friday, October 18th, 2013 @ 12:44 pm
By: John Locke Foundation
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If your goal is to foster economic growth and job creation, there's a right way and a wrong way to cut taxes on business. Fortunately, Pat McCrory and the General Assembly made the right choice.
Published: Tuesday, September 10th, 2013 @ 9:42 am
By: John Locke Foundation
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