Although our local media seem not to realize it, one subject that economists are in greatest agreement over is the negative unintended consequences of the minimum wage.
The News & Observer today reports on a forum in Durham on raising the minimum wage. The report quotes workers, activists, and politicians all in favor of more than doubling the minimum wage. Guess what's left out?
This is a post about an important change in state law concerning how licensing boards deal with applicants who have conviction records. Plus, it has alligators.
Since 2018, rule removal has slowed by about half (to 6.2 percent when it was 12.1 percent). Also, more rules are being sent back through the rules adoption process (now 34.1 percent when it was 26.1 percent).
A new study from Western Carolina University's Center for the Study of Free Enterprise asks "What Do Film Incentives Mean for North Carolina's Economy?" After spending over $404 million, North Carolina's economy was "not improved by its film incentives," and it "might be worse off."
How the state should govern tax revenues coming from and being directed to corporations (i.e., corporate taxes and corporate welfare)? There are four possible policy combinations involved, but only two currently under debate.
This bill would free up craft distilleries from burdensome rules that many of their peers in other states don't have to deal with. This could be particularly helpful for North Carolina's distilleries because distilleries are so dependent upon sales to local consumers.
