This week, Governor Roy Cooper (R) announced a new round of taxpayer funded incentives for select businesses in several North Carolina counties. The deals include up to $3,688,200 to Albaad USA, an Israeli manufacturer, up to $8,172,750 to LabCorp, a drug development group, and $300,000 to Neopac, a packaging company….
The smell of freshly cut grass, hot dogs and popcorn. The sound of foul balls, double plays and vendors. Baseball is back, and families around the country are headed to ballparks to welcome in the new season! But amid the joy of Opening Day, there’s a dark secret: you may…
North Carolina’s Rural Infrastructure Authority (RIA) recently approved 16 infrastructure grant requests that will cost taxpayers a staggering $3,948,755. The purpose? The North Carolina Chamber of Commerce’s team of 15 unelected bureaucrats intends to spend taxpayer-funded grants in the name of “economic development” to “find solutions that help attract businesses.”…
It’s happening… again. This week, Governor Roy Cooper announced that he cut yet another special deal with a select business in an effort to lure them to the Tar Heel State. The catch? He made the deal with $558,700 of your hard-earned tax dollars. The agreement will bring GE Aviation,…
Amazon’s recent announcement that Raleigh made the list of finalists for the company’s second headquarters should send shivers down the spine of North Carolinians. After all, when you play the game of Amazon headquarters, lose by winning. How Much Per Job?! It seems contradictory, but it’s true. Winning a corporate…
Local governments offering sweetheart deals and taxpayer dollars to big businesses is bad. Local governments keeping the details of those deals a secret is even worse. Over the past few months, city, county and state officials around the country have been tripping over themselves trying to win Amazon’s second headquarters…
2017 was quite a year for North Carolina Governor Roy Cooper, who doled out millions of dollars in taxpayer-backed financial incentives to lure large corporations to our state. While the Governor and his allies have tried to spin this blatant corporate welfare as a good deal for taxpayers, we believe…
What if part of your salary went directly to your employer? Or you lived in a city where the biggest company had a say in how tax dollars were spent? The ideas sound farfetched, but they could be the reality depending on which city Amazon picks for its second headquarters….
When the soon-to-be-former-Oakland Raiders broke ground on their new stadium, they did so thanks to hardworking Nevadans’ tax dollars. The state forked over the biggest stadium subsidy ever to lure the Raiders to Las Vegas–$750 million. Each of the 65,000 seats in the stadium will cost taxpayers around $11,500. The…
North Carolina Gov. Roy Cooper likes to use taxpayer money to pick winners and losers in business. He has already given tens of millions of tax dollars to Credit Suisse and several other big corporations, claiming “it creates jobs.” Now, Gov. Cooper has a perfect opportunity to stop cheating young taxpayers out…
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