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22 Results found for tax incentives

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Over the weekend, a reporter asked me to comment on Senate Bill 493.
 
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.
 
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
 
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?
 
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?”
 
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
 
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
 
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 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...
 
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.
 
The editors of The Fayetteville Observer are interested in the film industry and with storytelling in general. An example of the latter came to my attention recently.
The editors of The Fayetteville Observer are interested in the film industry and with storytelling in general. An example of the latter came to my attention recently.
 
North Carolina's film tax incentives program has changed significantly. Formerly a refundable tax credit of 25 percent of qualifying production expenses capped at $20 million per production, the program now is a $10 million grant program.
North Carolina's film tax incentives program has changed significantly. Formerly a refundable tax credit of 25 percent of qualifying production expenses capped at $20 million per production, the program now is a $10 million grant program.
 
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