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Friday Interview: New General Assembly Will Face Tax-Hike Pressure

RALEIGH — Whichever political party controls the N.C. General Assembly, lobbyists for special interests often pressure lawmakers to raise taxes. That will be true in 2011, as Republicans take control of the state Legislative Building. John Locke Foundation President John Hood discussed the topic with Donna Martinez for Carolina Journal Radio.

CJ Staff

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Dell Deal Oversold in Tennessee

RALEIGH — A special legislative session convenes today to vote on incentives to entice Dell Computer to build a plant in the Triad. But a similar incentives deal struck five years ago in Tennessee was sold to the public by exaggerating the benefits and underestimating the costs of incentives for a Dell plant. The difference between the initial, pro-incentives study and a later review was that the first one didn’t include indirect costs such as educating the children of Dell employees who are newcomers and providing those families with city services.” Because of tax rebates, these costs were covered not by Dell but by other companies and taxpayers in the area.

Paul Chesser