Cronyism (page 9)

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    So did Iron Man save the day or not?

    My latest newsletter examines the widely disparate job counts of studies of North Carolina’s film incentives. It basically boils down to one model that takes into account costs and benefits and one model that calculates only benefits. Beyond that, I look at other concerns over film incentives: there is…
    Jon Sanders, May 2, 2013
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    Apparently, Iron Man couldn’t survive without unconstitutional funding

    One of the many problems with the state film tax incentives is that they are refundable. As I wrote in my report N.C.’s Film Tax Incentives: Good Old-Fashioned Corporate Welfare: Furthermore, in North Carolina, the film tax credits could exceed a film production company’s total tax liability, in which…
    Jon Sanders, April 19, 2013
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    Power to the People

    That’s the title of my new Carolina Cronyism series report on SB 3 and its costly, regressive renewable portfolio standard. Here is one of the many charts: Here are a few of the Key Facts from the report: Because electricity is a basic necessity, higher rates are highly…
    Jon Sanders, March 28, 2013
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    McCrory and unsustainable energy

    The previous two times the word “unsustainable” has been used on The Locker Room, it was in reference to (1) energy source whose supposed economic benefits would not be realized were it not for public subsidies and (2) the need for Republicans to differentiate themselves from Democrats by becoming…
    Jon Sanders, March 5, 2013
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    Locksmith licensing board already seeking broader power

    Well, that didn’t take long. Senate Bill 18 would outlaw possession of locksmithing tools by anyone unlicensed as a locksmith in North Carolina and triple the cost of getting that license, among other things. Oh, it would grant this new power: “Authorize the chair, by majority vote, to issue…
    Jon Sanders, January 31, 2013
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    NC Medical Board has illustrated my point rather well, unfortunately

    In my new Spotlight report on occupational licensing, “Guild By Association,” I examine among other things the primary justification of the boards; namely, that they are necessary for public safety. I discussed how the boards can also work to the detriment of public safety: The higher costs to obtain…
    Jon Sanders, January 30, 2013
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    Fantasy football and free-market economics takes a look at “Fantasy Football and Economic Freedom: Lessons to Learn.” It’s a nice piece, and it even references cronyism. To longtime readers of the Locker Room, the idea is quite familiar (as is the graph). We’ve discussed it in general. We’ve…
    Jon Sanders, October 26, 2012
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    Ohio loses 79 cents per dollar on film incentives

    And that estimate is under the generous assumption that no film activity would take place without the incentives. It’s also in keeping with research findings across the country, including Louisiana, that film incentives return mere pennies on the dollar of revenue spent. No doubt the Ohio…
    Jon Sanders, August 30, 2012