Civitas Review

Monthly Archives: March 2015

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    A Free-Market Needle in the Corporate Welfare Haystack

    Posted in Budget & Taxes, Civitas Review, Economics By Brian Balfour | Tagged ,

    This year's legislative session in NC has been largely dominated by countless corporate welfare schemes coming from both chambers, including expansion of taxpayer giveaway programs and several proposals to extend targeted tax credits to politically-chosen industries. A small ray of free-market light, however, poked its way through the crony capitalism clouds yesterday when SB 382 […]

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    Senate Sales Tax Redistribution Plan: Are Rural County Schools Really Under-funded?

    Posted in Budget & Taxes, Civitas Review By Brian Balfour | Tagged ,

    As hinted at last week, the Senate yesterday introduced legislation that would alter how sales tax revenue is distributed to counties across the state. At a press conference yesterday, Sen. Majority leader Harry Brown discussed the reasoning: We're talking about a system that been in place for a long, long time that I think is […]

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    NC Business Owner: Corporate Welfare is a "Smack in the Face" to Home-Grown Businesses

    Posted in Budget & Taxes, Civitas Review, Economics By Brian Balfour | Tagged , , ,

    The Char-O just published this letter from a Cornelius business owner about the inherent unfairness of state government corporate welfare programs: I wonder if the N.C. Legislature understands the “smack in the face” effect its incentives to lure new businesses to the state has on a business like mine that has been operating here for […]

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    Education Savings Accounts gain popularity

    Posted in Civitas Review, Education By Bob Luebke | Tagged , ,

    Education Savings Accounts (ESAs) are sweeping the nation. The above map from a post by Adam Peshek of the Foundation for Excellence in Education. It shows 22 states pursuing  or considering ESAs in 2015. Currently only two states Arizona and Florida have ESA programs. ESAs take a percentage of the funds that otherwise would have […]

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    Comparing the Senate and House Econ Incentive Bills

    Posted in Budget & Taxes, Civitas Review, Economics By Brian Balfour | Tagged , ,

    Some tension is mounting between the NC Senate and Gov. McCrory's office over differences between their competing economic development plans. McCrory's plan was largely captured by a bill introduced by the House a few weeks ago, called the NC Competes Act. New up at the Civitas Institute's website is a comparison of the two plans, […]

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