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Cooper has pledged over $1.5 billion to corporations since vetoing the 2019 budget for ‘corporate tax breaks’

On June 28, 2019, Gov. Roy Cooper vetoed the state budget, and the top reason he gave for doing so was that it included “corporate tax breaks.”

Since then, Cooper has pledged over one and a half billion dollars in tax incentives giveaways to fewer than 100 corporations.

The total count — summing up his announcements from the second half of 2019, all of 2020, and so far in 2021 — is $1,522,891,600 in state money pledged to 97 corporations.

Jon Sanders / Research Editor and Senior Fellow, Regulatory Studies

Jon Sanders studies regulatory policy, a veritable kudzu of invasive government and unintended consequences. As director of regulatory studies at the John Locke Foundation, Jo...