Economy (page 8)

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    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
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    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
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    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
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    Head Locke Episode 33, “Who Should Get the Credit for the Booming Economy: Trump or Obama?”

    The latest Head Locke podcast episode is here. You don’t want to miss this discussion on who should get the credit for our booming economy. Recently, a Washington Post fact-checker concluded that President Trump deserves minimal credit for the nation’s robust economic growth because “Trump is still working off…
    Anna Manning, November 29, 2018
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    Carney decries ‘gangster government’

    Timothy Carney of the Washington Examiner pulls no punches in his assessment of President Trump’s support for subsidies and taxes. President Trump has never been one for free enterprise. His way of being pro-business involves subsidies, handouts, and taxes (he calls them tariffs) — that is, Big Government.
    Mitch Kokai, November 29, 2018
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    Ten years since the bailouts

    Kevin Williamson of National Review Online looks back at the decade of evidence surrounding the government bailouts of 2008. General Motors just shared some very bad news: It is closing five factories in the United States and Canada, eliminating 15 percent of its work force (and 25 percent…
    Mitch Kokai, November 29, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on the debate surrounding the replacement of North Carolina’s elections and ethics board. John Hood’s Daily Journal distinguishes private and public investment from government’s redistribution of income.
    Mitch Kokai, November 28, 2018
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    Interesting Exchange of Views Regarding the “Cost Disease”

    Economist John Cochrane starts a recent blogpost by quoting a comment about the cost of regulation that appeared at Marginal Revolution (another economics blog). Here are some excerpts: From my time in both the military and healthcare I can say that the biggest problem are the compliance costs.
    Jon Guze, November 27, 2018