If it were a film, North Carolina’s subsidy program wouldn’t be a box office smash. A recent study from the Western Carolina University Center for the Study of Free Enterprise says the $400 million North Carolina taxpayers have invested in film subsidies has…
How are North Carolina lawmakers different from movie directors? They find it hard to say “cut,” especially when giving Hollywood producers taxpayer subsidies to make films here. A bipartisan group of state representatives filed House Bill 751, resurrecting a 25 percent…
Question 1: When are special interest subsidies not special interest subsidies? Answer: When the special interests hire consultants to do an economic impact study. Question 2: How often do economic impact studies show that the special interest subsidy will be good for the economy? Answer: Always. Economic impact studies have…
RALEIGH — Democratic Gov. Roy Cooper’s selection of Rep. Susi Hamilton as secretary of natural and cultural resources is emblematic of the philosophical contrast between Cooper and the GOP legislative majority, state Rep. Chris Millis said. “It’s par for the course for a Cooper appointment to…
RALEIGH — North Carolina loses 54 cents for every dollar it allocates to the state film production credit, and the actual return on investment might be even worse, concluded a memorandum from the General Assembly’s Fiscal Research Division. The Fiscal Research authors noted in several parts of the memo that…
