Civitas Review

Budget & Taxes Archives

  1. 1

    State Treasurer Cowell Involved in Yet Another Pay-to-Play Scheme with Erskine Bowles

    Posted in Budget & Taxes, Politicians & Politicking By Brian Balfour | Tagged ,

    Yesterday's International Business Times calls into question some of State Treasurer Janet Cowell's decisions and transparency over the past few years in her role overseeing the state's pension fund. Specifically, it examines the new "Innovation fund" Cowell created in 2010 and how it has benefitted political allies – specifically Erskine Bowles. From its inception, the […]

  2. Oct

    Former Commerce Secretary: Corporate Welfare About Elections, Not Jobs

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , , , continues its series examining North Carolina's web of corporate welfare schemes, in this article highlighting how taxpayer funds for corporate subsidies are heavily concentrated in the state's most prosperous areas. Data from the state Department of Commerce shows far more taxpayer money flows to the counties doing the best economically than those that are […]

  3. Oct

    News Series Investigates NC's Corporate Welfare Schemes

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , , today launched an investigative series examining the use of economic incentives (i.e. corporate welfare) in NC. Of note in the article is the proliferation of government handouts not only in NC but nationwide. Although not all these performance-based grants will fully pay out, the legislature's fiscal research division says the state has committed to […]

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    Junk Science and Shoddy Journalism Should Not Drive Public Policy

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

    When politicians, academics and the public alike all lose site of the proper role of government in society, they become willing to accept public policy based on "research" and data. But this Forbes article highlights just how easily skewed social science research can become; in this case the article takes to task some shoddy research […]

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    Could NC's Economy Grow Without Handouts to Cronies?

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

    The N&O today published my article describing what I'd like to see in a special session in Raleigh to address economic incentives. A sample: Imagine with me for a moment what would happen if Gov. Pat McCrory’s office and state legislative leaders released the following joint statement regarding a special session to address economic development […]