Business

  • Post

    Economic Incentives Unlikely To Influence Corporate Relocations – No Surprise There!

    Senate Bill 820, approved by the NC Senate this week, would choose “economic development” policies over economic growth policies.  John Locke Foundation’s Jon Sanders and Dr. Roy Cordato explain the difference between economic development and economic growth and how this is not a good choice: Policies for economic development “target specific…
    Anna Manning, December 4, 2018
  • Post

    Honeywell and the incentives game

    As N.C. politicians celebrate Honeywell’s decision to relocate its corporate headquarters to Charlotte, they might want to file away Rob Jennings’ latest report at NJ.com. It calls into question government’s ability to use targeted tax incentives to sway business decisions. The planned relocation comes just three years after…
    Mitch Kokai, December 3, 2018
  • Post

    Why charitable contributions are tax deductible

    One of the currently fashionable complaints about charitable and philanthropic giving of even left-leaning billionaires like Jeff Bezos is that the money does nothing to help the poor or reduce income inequality. James Piereson and Naomi Schaefer Riley in an essay at Commentary  argue that charitable giving receives a tax…
    Joseph Coletti, November 30, 2018
  • Post

    Wrong Way: JLF’s Mitch Kokai Weighs In On Corporate Welfare Legislation

    Greensboro News & Record reports on a bill introduced yesterday that will offer more incentives to big businesses looking to come to the area. A Republican-sponsored bill, introduced Tuesday, aims to make North Carolina more attractive for recruiting corporate headquarters, particularly to Charlotte and the Triangle.
    Anna Manning, November 28, 2018
  • Post

    Unemployed and overly optimistic

    People who are unemployed start their job search with needed optimism, like new entrepreneurs. Their optimism is generally too high for their situation, particularly when they have been unemployed for a long time, but their lack of success finding a job does little to temper their optimism.  New research…
    Joseph Coletti, November 27, 2018
  • Post

    Cyber Monday and the Internet sales tax

    Have you been busy taking advantage of the CyberMonday deals available online today through Wayfair, Overstock, or other online retailers not based in North Carolina? The North Carolina Department of Revenue (NCDOR) tried to make shopping more cumbersome for you and those companies. Instead of waiting for direction…
    Joseph Coletti, November 26, 2018
  • Post

    Tulsa Offers $10,000 Grant To Entice Young Workers

    It’s an interesting way of recruiting young entrepreneurial talent to the city of Tulsa: offer a $10,000 grant in exchange for a one-year commitment. The funds are from a private foundation. Each $10,000 grant will be distributed over the course of a year to eligible remote workers or entrepreneurs…
    Donna Martinez, November 19, 2018
  • Post

    Challenging arguments about Amazon’s HQ2 choices

    Mitchell Blue writes at the Federalist to rebut analysts who use the Amazon HQ2 decision to echo Democratic Party talking points. Besides being boring, what does Amazon’s location choice signal? According to CNN’s Jill Filipovic, the predictable selections mean that, “Republicans can no longer lay claim to being…
    Mitch Kokai, November 19, 2018