Civitas Review

Economics Archives

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    NC House Committee Votes for Higher Energy Bills, Continued Corporate Welfare

    Posted in Economics, Environment & Energy By Brian Balfour | Tagged , , ,

    The well-financed special interest lobbyists of Big Solar won again today, at the expense of everybody else. House Bill 681, the NC Energy Ratepayers Protection Act, a bill that would have capped and sunset a state law forcing NC energy users to purchase more expensive and unreliable sources of "renewable" energy, was defeated in the […]

  2. Apr

    Who pays taxes?

    Posted in Economics By Bob Luebke | Tagged , ,

    Yesterday was tax day. It’s the time when all Americans face the realization that there is no escaping the tax man. Rich and Poor alike must pay their fair share. Or that’s what we’re told. Last week the Wall Street Journal ran data from the nonpartisan Tax Policy Center and found the general principle of paying our […]

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    A Free-Market Needle in the Corporate Welfare Haystack

    Posted in Budget & Taxes, 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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    NC Business Owner: Corporate Welfare is a "Smack in the Face" to Home-Grown Businesses

    Posted in Budget & Taxes, 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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    Comparing the Senate and House Econ Incentive Bills

    Posted in Budget & Taxes, 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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