Civitas Review

Economics Archives

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    N&O to New Wake Board: Voters Want More Central Planning and Tax Hikes

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

    Yesterday's N&O included this editorial written to give advice to the new Wake County Board of Commissioners. To nobody's surprise, the advice includes more central planning and tax hikes. And the Democrats rightly could interpret their wins, all substantial, as evidence that the election was a referendum on the performance of the Republican majority. That […]

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    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 […]

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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 […]

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    How Savings, Not Consumption Spending, Grows the Economy

    Posted in Economics By Brian Balfour | Tagged , , ,

    One way that progressive liberals argue in favor for higher tax rates on upper income earners is the observation that higher income households save a larger share of their income than do middle- and lower-class households. As such, the government should tax them more heavily and then distribute the funds to lower-income households who are more […]