Brian Balfour

Senior Vice President of Research

Posts by Brian Balfour (page 3)

  • A more complete picture analyzing unemployment checks’ impact on jobs report

    On the heels of the poor job growth figures from last week, discussion has been heating up over whether or not unemployment benefits are making the unemployed reluctant to return to work. It is certainly a worthy discussion to have, but unfortunately some of the debate is incomplete. Take, for…
    Brian Balfour, May 10, 2021
  • Corporate welfare recipient fined for sharing military specs with China

    As reported here: US defence contractor Honeywell has been fined US$13 million for harming national security after sharing technical information about American fighter jets and other military aircraft with China and other countries. Honeywell said it “inadvertently shared” the technology during “normal…
    Brian Balfour, May 6, 2021
  • Taxing Businesses: Where does NC rank?

    Imagine being a business owner and trying to decide where to move or expand your business. State regulations, infrastructure, workforce, geography and many more factors will all weigh in your decision – including taxes. Corporate taxes, property taxes, sales taxes, unemployment taxes will all have an impact, and each one…
    Brian Balfour, May 5, 2021
  • Corporate welfare program continues to benefit wealthy counties, awards another $624 million in 2020

    North Carolina’s largest “economic incentive” program continued to favor the state’s already wealthy counties, according to a new report. The Job Development Investment Grant (JDIG) program is North Carolina’s premiere corporate welfare program, doling out hundreds of millions of dollars in targeted tax breaks to politically-selected…
    Brian Balfour, May 4, 2021
  • Seven rotten aspects of North Carolina’s Apple deal

    Gov. Roy Cooper’s COVID lockdown orders forcibly closed down thousands of small businesses across North Carolina – many of which will have to close their doors forever. So imagine their reaction to the news yesterday that Apple – the largest corporation on the planet – is…
    Brian Balfour, April 27, 2021
  • Five Reasons North Carolina Needs a Taxpayer Bill of Rights

    Legislators last week introduced SB 717, Taxpayer Bill of Rights. The bill would put to a vote of the people in 2022 an amendment to the state constitution that would place sensible restrictions to the annual growth rate of the state budget. Below are five reasons North Carolina needs…
    Brian Balfour, April 19, 2021
  • Why don’t we hear about “crumbling” private infrastructure?

    In making the case against Joe Biden’s $2.3 trillion infrastructure plan, George Mason University economist Veronique de Rugy makes an interesting point: While it’s impossible to hear about public infrastructure without the word “crumbling” being attached, de Rugy reminds us that “the private sector doesn’t seem…
    Brian Balfour, April 15, 2021
  • Voter ID and the “disparate impact” sham

    The state superior court this week began hearing arguments in a lawsuit filed to overturn North Carolina’s 2018 voter ID requirement. A cornerstone of the case made by those challenging the voter ID requirement is to taint the ID requirement as “racist” because it disproportionately impacts African Americans. “Black…
    Brian Balfour, April 14, 2021