economic incentives

At $50,000,  compared to the $875 million press release issued for the massive Apple taxpayer giveaway, this press release was somewhat cheap. Elkay Manufacturing, a leading producer of sinks and water delivery products, will expand its operations in Robeson County, leading to…

Apple receiving $875 million in tax incentives is a bad deal for taxpayers and small businesses RALEIGH – North Carolina continues to show itself as a business-friendly state. Apple’s decision to open a campus in Research Triangle Park is yet another example of our state’s attractive economic climate, with our…

In 2019, which was not an election year, Gov. Cooper pledged $146 million in incentives grants. In the election year of 2020, however, Cooper pledged over $519 million. That's over half a billion dollars — and over three and a half times worse than his giveaways in 2019.

Cooper’s corporate welfare tally for 2020 is jaw-dropping: $519.3 million pledged to just 48 corporations.

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.