Civitas Review

Budget & Taxes Archives

  1. Oct

    Whether Media or Economists; "Mainstream" Means Left-Wing

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

    McClatchy News ran this article yesterday that attempts to outline the different outlooks on the economy held by Kay Hagan and Thom Tillis. The article was supposed to be an unbiased summary presenting each candidates viewpoints, but, this being the left-wing media, the author couldn't help but add this editorialized comment: Mainstream economists generally think […]

  2. Oct

    Tax Foundation: NC's Tax Reform One of the Most Impressive in the Last Ten Years

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

    The Tax Foundation today released the 2015 version of their annual State Business Tax Climate Index – which ranks the tax structure of states according to how (relatively) attractive they are to lure jobs and investment. The index is in its 11th year, and for the first ten years NC performed terribly – ranking among […]

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    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 […]

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    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 […]

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    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 […]