Capitalism

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    In Asheville, the market is working

    This is why I love the market. Uber and Lyft introduced something new.  All of a sudden, consumers had an alternative to taxis, and given the success that these ride sharing services have had, it appears that consumers love the model.  Of course, the losers were taxi companies, and many…
    Julie Tisdale, November 16, 2017
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    The future of trade

    Caitlin Cain and Paul Aucoin explain in a Washington Examiner column why “America must not turn its back on trade.” While trade advocates are convening in New Orleans to champion the state’s culture of trade, our leaders in Washington are debating the future of trade policies that directly…
    Mitch Kokai, November 16, 2017
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    Companies will come, even without incentives

    Just a quick reminder that North Carolina can, in fact, attract international firms without offering tax breaks, or incentive payments, or job creation grants, or any other corporate welfare.  Simplilearn, an Indian company, has recently announced that they’ll be opening an office in the Triangle.  Significantly, they cite the…
    Julie Tisdale, November 7, 2017
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    Regulation is killing small banks

    Ellen Brown advocates for states to create government banks like North Dakota has. Her latest article appears on the progressive website Truthout, where it runs alongside a sympathetic interview with Noam Chomsky and pro-Communist essays. But she quotes Rep. Jeb Hensarling approvingly and the title of this post…
    Joseph Coletti, November 3, 2017
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    The problem with subsidies

    There are lots of questions swirling around about the CSX Intermodal Rail Hub, which was supposed to be coming to Rocky Mount and receiving $100 million in subsidies from North Carolina taxpayers – as much as $700,000 per job created by the project.  It’s been controversial from the beginning, and…
    Julie Tisdale, November 3, 2017
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    More On the Deductibility of State and Local Taxes

    A couple week ago I argued in this Carolina Journal Daily Journal that it is bad tax policy for the federal government to eliminate the deduction for state and local taxes. I won’t repeat those arguments in this blog post, but generally I argued that it is illegitimate, from…
    Roy Cordato, October 31, 2017
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    American comfort

    Sarah Hoyt reminds readers at PJMedia.com that people in the United States of America enjoy the greatest level of comfort in the history of civilization. The thing is, you stack all your cathedrals, all your palazzos, the broad expanses of European plazas, of arches and columns and ancient paintings,…
    Mitch Kokai, October 23, 2017
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    New Carolina Journal Online features

    Kari Travis reports for Carolina Journal Online on a business fair highlighting the youngest entrepreneurs. Becki Gray’s Daily Journal highlights federal government roadblocks that stand in the way of a safer tobacco product.
    Mitch Kokai, October 10, 2017