Scott Hodge, president of the Tax Foundation in Washington, D.C., says North Carolina and the United States are losing the “tax competition” by maintaining overly high tax rates, especially corporate tax rates. Hodge offered these comments during an interview for Carolina Journal Radio (Program No. 317).
Chatham County slams the brakes on VinFast as company changes plans
Construction is on hold at VinFast’s proposed $4 billion electric vehicle factory in Moncure, Chatham County, after the electric vehicle maker revised its plans for a scaled-down version of the facility.