News
State budget allocates $133.9M for delayed JetZero project
An additional $133.9 million has been allocated in the state budget for an airplane manufacturer in Greensboro.
Opinion
Bring baseball to Raleigh without a taxpayer check
If Raleigh is a true major-league market, it should attract major-league private investment. Let owners own the risk, let fans buy the tickets, and let NC taxpayers keep their money.
News
NC sues to reclaim failed VinFast factory site
North Carolina is suing VinFast, the Vietnamese electric vehicle manufacturer for a breach of agreements with the state for a planned EV factory in Moncure, Chatham County.
Opinion
Make-believe: State’s gifts to film industry don’t generate economic miracle
For every dollar North Carolina provides film-production companies, only $0.22 is generated for the state.
Opinion
Winston-Salem gives over $200k in incentives to HanesBrands… to shrink
Incentives, if used at all, should be a tool for growth, not a safety net for corporations scaling back their operations.
Opinion
An interstate compact to end the ribbon-cutting ruse of corporate welfare
Local and statewide candidates interested in making NC the freest, most prosperous state in the Union would do well to examine bold solutions like this compact.
Opinion
It’s time to sunset JDIG
In a 2015 Fox News interview, Charles Koch, the chairman of Koch Industries, said, “Well, corporate welfare I think is a disaster for this, this country. It’s crippling our economy. It is contributing to a permanent underclass and corrupting the business community.” Mr. Koch correctly assessed corporate welfare programs, which involve government policies and financial...
Opinion
Silver lining shines behind failed incentives deal
Allstate's failure to produce new jobs in Charlotte offers more than just bad news.
Opinion
Government’s bad track record when placing bets with your tax dollars
This week, President Biden chose to kick off his Invest in America tour in Durham, North Carolina, stopping at Wolfspeed, a semiconductor facility that will focus on the electric vehicle market. Wolfspeed will receive around $1 billion in state and local grants, as well as direct appropriation funds from the General Assembly. It also announced...
Opinion
Apple’s sweetheart deal has a rotten core
The economy is rigged, but not in the way Bernie Sanders thinks – capitalism is not the problem. Instead, an active, hands-on economic approach has allowed corporations and politicians to rig the tax code in their favor. To find an example of what I am talking about, look no further than the recent announcement from...
Opinion
State shouldn’t play favorites
Making North Carolina a more attractive place to live, work, shop, invest, and create businesses must be a high priority. But secret deals and preferential treatment are the wrong tools for the job.
Opinion
N.C. film advocates’ ideal film incentive program a shocking mess
In 2018 Time, declared Georgia “the Hollywood of the South.” By then, Georgia had developed the largest film incentive program in the entire United States. “Hollywood East,” North Carolina, was already the site of many memorable films before the 2000s, the golden age of state film incentives. North Carolina started offering film production tax credits...
