JDIG

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    Research finds incumbent governors release a flood of incentives during election years

    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.
    Jon Sanders, February 22, 2021
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    We need a broader debate over corporate welfare

    How the state should govern tax revenues coming from and being directed to corporations (i.e., corporate taxes and corporate welfare)? There are four possible policy combinations involved, but only two currently under debate.
    Jon Sanders, July 18, 2019
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    Is it bad South Carolina is out-corporate-welfaring us?

    So South Carolina is beating us in this made-up game. How are we comparing otherwise?
    Jon Sanders, November 29, 2018
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    The cronyism’s in the details

    A bill to sweeten the pot with more government giveaways for "big boys with deep pockets" only gives good-government, free-market advocates pause, it seems.
    Jon Sanders, November 29, 2018
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    NC Senate’s economic development and new tax plans

    Today the Senate Commerce Committee met to discus economic development.  Also discussed during the meeting was part of the Senate’s long awaited tax plan.  Here is the entire press release from today: Raleigh, N.C. – Senate Republicans proposed a comprehensive economic development solution Wednesday that provides balanced tax relief to…
    Sarah Curry, June 10, 2015
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    Another $5 million down the drain

    A press release came out from the NC Senate boasting about giving a failing program an additional $5 million for corporate welfare.  I’m so glad I pay taxes so lawmakers can spend it this way – NOT! Senate Passes Bill to Provide Additional $5 Million to…
    Sarah Curry, March 24, 2015
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    Everything you wanted to know about the new JDIG incentives legislation

    From the bill summary released in House Finance and Appropriations on March 3, 2015. CURRENT LAW: JDIG is a discretionary program of the State that provides funds to incentivize new or expanding business to create jobs in the State. The amount of the JDIG incentive to a company is…
    Sarah Curry, March 4, 2015
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    NCGA has an official Snow Day

    Both Senate and House leaders have cancelled meetings, decided not to hold session, and declared a ‘snow day’. The big news is that the bill to raise the cap on JDIG and allow the governor to have his closing fund for economic incentives was to be filed today.  According to…
    Sarah Curry, February 17, 2015