Economic development (page 2)

The following item is submitted by John Locke Foundation CEO Amy Cooke: “Twenty-five years I have worked to build this business, and in 25 seconds this governor has jerked it away again,” Jason Morgan, owner of Muscleworx Fitness in Wilmington, told a local news station. Claims for unemployment…

Gov. Roy Cooper says a group of business executives said nothing in a recent meeting with him about wanting new tax cuts. He failed to mention that those executives already benefit from millions of dollars in targeted tax incentives. Other taxpayers foot the bill for those incentives. Jon Sanders analyzes…

How can this be? If the government gives money to incentivize economic development, how can that not promote economic development? An economist explains.

You see it, don't you? The flaw in Cooper's reasoning is glaringly obvious. Media don't, however.

Gov. Roy Cooper's policies on corporate taxes and corporate welfare can seem confusing at first. In January, he continued his befuddling practice of approving millions of dollars to individual corporations while complaining about corporate tax cuts.

"Hollywood East" (NC) has been battling "Hollywood of the South" (Georgia) in film incentives since before 2009. And Georgia's been winning, according to film incentives' advocates in both states. But are they really?

Of the four possible combinations, we at the John Locke Foundation have always favored the Freedom & Growth combination of low corporate taxation with low corporate welfare. Gov. Roy Cooper's choice is the cardinal opposite.

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…