Civitas Review

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    Jan
    06

    Crony Gov't Handouts a "Stick in the Eye"

    Posted in Economics By Brian Balfour | Tagged , ,

    This according to state Senator Andy Wells (R-Catawba). From the N&O   A state senator from Hickory is denouncing as a political “poke in the eye with a stick” a promise of state incentives to Corning Inc., which will move about 500 workers from his city to Mecklenburg. Corning Inc. announced last month that it would […]

  2. none
    Oct
    27

    NC Business Incentives Just a Cottage Crony Industry

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

    A recent press release from Gov. McCrory's office celebrated the announcement of 450 new jobs coming to Davie County, in no small part thanks to a grant from the state's Job Development Investment Grant (JDIG) program.   If history is any indication, however, we'll be lucky to see half that many jobs actually materialize. In […]

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    Sep
    22

    Senate Approves Corporate Welfare Expansion, $2 Billion Bond

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

    Last night the NC Senate unanimously approved an expansion of the state's Job Development Investment Grant program (JDIG), which is a taxpayer-funded handout to companies meeting politically-invented "job creation" thresholds (translation: mostly hires people away from competitors). The compromise would increase the cap on incentive awards to $20 million a year. The cap would be […]

  4. none
    Aug
    11

    Senate Passes "Compromise" Bills Addressing Economic Incentives, Medicaid Reform

    Posted in Budget & Taxes, Civitas Review, Healthcare By Brian Balfour | Tagged , ,

    Last night the Senate passed "compromise" bills on economic incentives and Medicaid reform. A press release from Senate President Pro Tem Berger's office sums up the bills: The compromise economic development plan: Answers the governor’s call for additional job recruitment dollars and moves to the middle of the original House and Senate proposals, by extending […]

  5. none
    May
    13

    Speaker Moore: Massive Volvo Package "Just Didn't Add Up" for NC

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

    At an NC Chamber meeting this week, Gov. McCrory, House Speaker Tim Moore and other legislative leaders talked state budget and economic incentives. McCrory focused on maintaining his message that NC needs to reach deeper into taxpayer wallets to send a "clear and concise and consistent message" that the state is willing to bribe politically-connected corporations […]

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