Business (page 3)

  • Post

    Mecklenburg ASC’s future with no sales tax bailout

    Mecklenburg voters soundly rejected a proposed quarter-cent sales tax hike in November. The $50 million tax hike to bail out the Arts & Science Council would have delivered $22.5 million per year to the Arts and Science Council, $17 million to parks and greenways; $8 million to education; and $2.5…
    Joseph Coletti, January 17, 2020
  • Post

    Two North Carolina Cities Make the Top 15 for Jobs, Salaries, and Business

    CNBC reports: Though housing is scarce and wages are stagnant across the country, a lot of American cities are booming: They offer job opportunities, thriving businesses and an abundance of places to live. Personal finance site MagnifyMoney identified America’s biggest “boomtowns” by analyzing…
    Jon Guze, January 16, 2020
  • Post

    “The truly progressive position is to say people have a right to camp out and sleep in front of a store but not buy a bag of pretzels there.”

    That’s Walter Olson’s take on the left’s current campaign to shut down dollar stores. For a full discussion of this latest piece of progressive lunacy, see Unjust Deserts by Steven Malanga: Communities like Oklahoma City, Tulsa, Fort Worth, Birmingham, and Georgia’s DeKalb County have passed restrictions on…
    Jon Guze, January 9, 2020
  • Post

    Economic Development Incentives Not Creating Jobs Promised

    This week, JLF’s Jon Sanders wrote a research brief examining a recently released WRAL report by Tyler Dukes. The report examined the number of jobs created from North Carolina’s Job Development Investment Grant (JDIG) program and the One North Carolina (OneNC) fund from 2009 to 2016. Sanders summarizes the…
    Brenee Goforth, January 9, 2020
  • Post

    Clawback contracts are costly

    Governments like to use clawbacks, in which they provide a benefit but demand it back if some objective is not reached. North Carolina uses clawbacks for some tax incentives, but could not recover millions of dollars that had been paid to Dell Technologies when that company closed a plant…
    Joseph Coletti, January 6, 2020
  • Post

    New Raleigh City Council open to innovation?

    Short-term rentals, backyard cottages, and scooters could get a reprieve with a new mayor and reconstituted city council. New member Jonathan Melton says, “I think we can lead on micromobility,” and Mayor Mary Ann Baldwin proposes holding off enforcement of short-term rental restrictions. Anna Johnson provided the play-by-play.
    Joseph Coletti, December 4, 2019
  • Post

    Teacher pay raises

    I have been struggling to understand why Gov. Roy Cooper blamed business tax cuts as his reason to veto a bill for teacher pay raises after vetoing the bill that would have cut business taxes. His claim could have made sense in his veto of the original budget bill back…
    Joseph Coletti, November 21, 2019
  • Post

    Market-Made Mock Meats

    This week, JLF’s Joe Coletti published a research brief as part of our Thanksgiving 2019 series. Coletti’s piece focused on the influx of mock meats into the food market in recent years. Coletti writes: Impossible Foods and Beyond Meat are the most notable entrants in the race to make a…
    Brenee Goforth, November 21, 2019