Civitas Review

Economics Archives

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    Liberal Hypocrisy on State Taxes

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

    This news article about changes to NC's film industry tax credit program not only highlights the obvious, but illustrates how ridiculous progressive liberals sound when they  try to argue against tax cuts. First, the obvious. Without special tax breaks, there will be less investment in the film industry in NC. As stated by HBO series "Homeland" producer […]

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    Progressive Policies Increase Inequality

    Posted in Economics By Brian Balfour | Tagged , ,

    Progressives obsess over income inequality. Part of their obsession is their insistence that their preferred policies – including minimum wage hikes and expanded government welfare programs – is the only means to reduce such inequality. Unsurprisingly, research shows that on this matter, progressive policies fail yet again to even accomplish this goal. From the Wall […]

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    R's Channelling Easley, Perdue to Defend Corporate Welfare

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

    Details of the corporate welfare expansion provisions tucked into HB 1224, the bill that also caps local sales tax rates, are emerging. The background: The bill would direct $12 million toward a company that owns a Western North Carolina paper mill, add $14 million in grants to recruit companies and start a new fund that […]

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    Guess What Grade NC Gets for Small-Business Friendliness

    Posted in Economics By Jim Tynen | Tagged , ,

    North Carolina authorities like to tout surveys about how business-friendly the state is. I haven't heard much about a new survey by a website called Thumbtack and the Kauffman Foundation, as mentioned in The Economist magazine. The state's overall rating was a C-plus. Most of its individual grades were above average, but not sterling. It's […]

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    Why Do NC Cities Lag Behind in Economic Growth?

    Posted in Budget & Taxes, Economics By Matthew Henry Young

    A new study by the Manhattan Institute suggests North Carolina’s income tax may be hampering economic growth in the state’s metropolitan areas. The well-known think tank analyzed economic growth in the United States, ranking the nation’s 100 largest metropolitan areas based on per capita GDP, per capita personal income, and private sector employment. The study […]