Category Archives: Economic development

‘Drunk Town’ campaign latest instance of central planning confusion

If you live near the Triangle and watch commercial television (or subscribe to the News & Observer), you’ve probably noticed the rather comical “drunk town” commercials and print ads orchestrated by Democratic political pollster Dean Debnam (co-founder of Public Policy Polling) attacking candidates for City Council who want downtown Raleigh to be a vibrant, energetic,Continue Reading

NC House votes on Economic Development

The NC House voted today on the NC Competes Act, which is a bill which will increase incentives in the state.  The complete press release is below: Today the North Carolina House of Representatives passed HB-117: NC Competes Act with a bipartisan vote of 84-24. HB-117 will now need a signature from Governor McCrory, whoContinue Reading

NC Senate voted to increase corporate welfare

A press release was sent out by the NC Senate late last night about their vote to extend the JDIG program for an additional 3 years.  See the entire release below: In a unanimous vote, the North Carolina Senate on Monday tentatively passed legislation that will continue efforts to recruit new jobs and businesses toContinue Reading

Tax Foundation comments on NC’s tax changes in state budget

The Tax Foundation, a Washington D.C. based non-partisan think tank, has commented on the tax changes found in North Carolina’s state budget that has been sent to the Governor’s desk and is awaiting his signature. Here is their summary of the tax changes and economic development items in the budget: $3 million for the OneNCContinue Reading

Historic Preservation Tax Credits are here to stay

A press release by the NC House this afternoon, This week, the North Carolina House and Senate unveiled a $21.735 billion state budget compromise. The budget, which funds government functions for FY 2015-2016 and FY 2016-2017, restores the Historic Preservation Tax Credit for all of North Carolina.     “I am very pleased we wereContinue Reading

A new press release from the NC House about film incentives

Here is the text of the press release sent out on Tuesday, September 8th at 6:30pm. Sen. Lee & Rep. Davis Announce Increase in Film Grant to $30 million Raleigh, NC – Today, the North Carolina Senate and the North Carolina House came to an agreement on a spending number for the NC Film GrantContinue Reading

Another federal government scheme to ‘create jobs’

Elizabeth Harrington of the Washington Free Beacon shines light on one federal department’s questionable efforts to create jobs. The U.S. Department of Agriculture (USDA) says it is creating jobs by spending millions on snowmobiles, fire trucks, studying a “gluten-free mill,” and other local initiatives. The federal agency announced $18.1 million in loans and grants lastContinue Reading

There’s a dark cloud hovering over Liza Minnelli

Through no fault of her own, maybe, singer/actress Liza Minnelli is at the center of a public records dispute in North Carolina. She, along with the North Carolina Symphony, is the inaugural performer at Cape Fear Community College’s $41 million Humanities and Fine Arts Center, brought to us by the taxpayers. Yet when local station WECT askedContinue Reading