Economic development

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    How to pay for roads

    How can North Carolina pay for the construction and maintenance of roads in the future? The North Carolina Future Investment Resources for Sustainable Transportation (NC F1RST) Commission is looking for ways to ensure North Carolina can continue to build and maintain the roads it needs. Patrick McHugh of the NC Budget…
    Joseph Coletti, September 4, 2019
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    Cooper, Commerce, Wake County: Transparency’s for chumps

    But by far the biggest issue is the betrayal of good government: Public officials cannot conduct themselves as if they aren’t accountable to the people, not in a free state.
    Jon Sanders, August 14, 2019
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    JLF’s Jon Sanders Comments on Film Incentives for Radio Show “Mornings with Joe Catenacci”

    Last week, JLF’s Jon Sanders went on the radio with Joe Catenacci of Wilmington’s Big Talker 106.7 FM to talk about North Carolina’s film incentives. Sanders explains how the incentives work: “It is basically a reimbursement on spending they have done.” “[If they] reach a threshold for qualified spending…
    Brenee Goforth, August 12, 2019
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    CJ Reports: North Carolina farmers high on prospects for state’s newest cash crop

    This week, Carolina Journal’s Brooke Conrad reported on hemp cultivation in North Carolina. Conrad interviewed one hemp farmer, Shane Whitaker, who characterizes hemp as the new tobacco. Conrad reports: Tobacco has dominated the state’s farms and industries over the past century, but hemp is slowly taking its place. This year,…
    Brenee Goforth, August 8, 2019
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    CJ Reports: Is Cooper’s revenue department rejecting legitimate tax credits?

    This week, Carolina Journal’s Don Carrington reported on the potential denial of as much as $500 million in renewable energy tax credits to investors. Carrington reports: For two decades, the state has encouraged investments by individuals and businesses in renewable energy partnerships. The most recent version of the incentive gave…
    Brenee Goforth, August 8, 2019
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    CJ Reports: Study says N.C. film subsidies are a bust for taxpayers

    According to a recent article by Carolina Journal’s Leonard Robinson III, North Carolina’s film incentives have cost taxpayers in the state $400 million, yet they have not brought in anywhere close to that amount in returns. Robinson’s piece centers around a new study from Western Carolina University Center for…
    Brenee Goforth, July 29, 2019
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    Is Government Money “Manna from Heaven?”

    On Wednesday, Dr. Roy Cordato, former senior economist at the John Locke Foundation, wrote a research brief questioning the reliability of many economic impact studies. Dr. Cordato writes: Economic impact studies are common. They usually are invoked by government or special interest groups to demonstrate how a particular spending or…
    Brenee Goforth, July 26, 2019
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    Corporate Welfare: Which Way is North Carolina Headed?

    Earlier this week, JLF’s Director of Regulatory Studies, Jon Sanders, published a research brief on Corporate Welfare. His piece establishes the four basic combinations of corporate taxes and corporate handouts (see image). Sanders writes that the most recent debate on corporate welfare in North Carolina has centered around the legislature’s…
    Brenee Goforth, July 25, 2019