Budgets

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    Apple wants “30 years of stability”? So do the rest of us!

    John Locke Foundation’s Jon Sanders weighs in on corporate welfare for Apple Inc – As I read the details of the proposal and hear what state and local policymakers are prepared to do to bring in Apple or the next large employer, I am staggered. They would: Dramatically lower…
    Anna Manning, May 24, 2018
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    Governor Cooper’s Proposed FY2018-19 Budget: Tax Raises and New Debt

    Governor Cooper’s proposed budget for this fiscal year (2018-2019) would spend $1.5 billion more than the current year. Despite Gov. Cooper saying in 2017 that the state government would spend no more per person in 2018-19 than it did in 2016-17, spending would increase by 6.5%. This is almost as…
    Anna Manning, May 24, 2018
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    State budget on fast track

    State legislators may have the budget done this weekend and to Gov. Roy Cooper next week, with no amendments allowed. A 40-person conference committee with no Democratic members has done most of the work and now it is between House Speaker Tim Moore and Senate President Pro Tem Phil…
    Joseph Coletti, May 23, 2018
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    Why do politicians offer economic development incentives?

    The state’s long-term commitment of incentives to Apple and others, is “just burning money,” according to Nathan Jensen of the University of Texas. He told WRAL that past 20 years, What you’re offering doesn’t make it any more attractive. You’re really borrowing against future revenues for very little benefit. The…
    Joseph Coletti, May 21, 2018
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    You can’t get skinny by tightening your belt

    Peter Boettke discussed who should have the authority for different public functions in his address as president of the Southern Economic Association and in this week’s episode of EconTalk. It’s a big topic that raises important questions on freedom and community. Fortunately, Boettke worked closely with Richard Cornuelle on…
    Joseph Coletti, May 17, 2018
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    JLF’s Mitch Kokai previews 2018 N.C. legislative session on “Front Row with Marc Rotterman”

    Mitch Kokai, John Locke Foundation senior political analyst, discusses the 2018 N.C. legislative session during the May 11, 2018 edition of UNC-TV’s “Front Row with Marc Rotterman.” Legislators plan to be in town for only a month and a half, aiming to get the budget wrapped up in early…
    Anna Manning, May 16, 2018
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    JLF’s Becki Gray weighs in on North Carolina’s 2018 state budget

    Becki Gray, John Locke Foundation senior vice president, discusses North Carolina’s 2018 state budget for Carolina Journal Radio and what the John Locke Foundation recommends. The John Locke Foundation’s message to legislators is to continue to keep the growth and scope of government limited. Listen here.
    Anna Manning, May 16, 2018
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    LA Times: Amazon fuming after Seattle votes to tax high-grossing corporations to help the homeless

    It’s a job tax, plain and simple. From the City of Seattle comes this smothering regulation on job creation. It was a 9 to zip vote to penalize Seattle’s highly successful businesses. The result is a new tax of $275 per employee per year on companies grossing at least…
    Donna Martinez, May 16, 2018