economic incentives (page 6)

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    JLF’s Becki Gray Explains Unfairness Of Targeted Incentives

    Level the field for all businesses and industries. That’s Becki Gray’s message to host Joe Stewart on “Bottom Line.” Watch Becki here.
    Donna Martinez, June 12, 2017
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    Charlotte’s hall of infamy

    Back in 2009, then-Mayor of Charlotte Pat McCrory said in announcing the NASCAR Hall of Fame, “We’re building this to help the economy.” Far-fetched projections helped Charlotte win the project over Atlanta, Daytona Beach, and others. Later, Tim Newman, the chief executive of the Charlotte Regional Visitors Authority that…
    Jon Sanders, January 6, 2015
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    Advance Auto gets a sure win from NC

    If you knew you had an investment opportunity that would return about three and half times your original investment, would you take it? If this was a gamble, your odds of winning are 1:1! In this case, the jackpot is a net $12.4 million. That’s the business decision…
    Jon Sanders, June 24, 2014
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    Questionable studies’ implication: NC cost itself over a billion dollars by spending on the wrong cronies

    The long-awaited, no-opportunity-cost, all-production-is-driven-by-the-incentive study of the North Carolina film incentive by an NC State professor of supply chain management is now out, and it produced a super-multiplier finding quite typical of industry studies: Beginning in 2007, when the incentive was first enacted, through 2012,…
    Jon Sanders, April 1, 2014
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    McCrory’s Commerce Sec. Decker: Economic incentives as useful as hand tools in a quiver

    There was a very telling exchange between Commerce Sec. Sharon Decker and the House Commerce Committee today: Reducing North Carolina’s corporate tax rate won’t allow the state to cut all incentive programs, Commerce Sec. Sharon Decker told the House Commerce Committee Wednesday. … Rep. Chris Millis, R-Pender, said the…
    Jon Sanders, May 29, 2013
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    Drawing the wrong conclusion VIII —turning economic development over to the private sector edition

    The headlines from Gov. McCrory’s announcement today seems promising: McCrory plan seeks to get private sector more involved in NC economic development Have we finally gotten a governor who understands the state’s real role in economic development — getting out of the way? That it’s the private sector’s role…
    Jon Sanders, April 8, 2013
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    Even Louisiana media question film incentives

    An editorial from the Shreveport Times about Louisiana’s film incentives hits on some of the same criticisms I have of North Carolina’s film incentives: We all enjoy seeing the movie magic at work in our streets here in Shreveport-Bossier City. We welcome the occasional glimpse of film…
    Jon Sanders, August 16, 2012