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for North Carolina--Economic policies
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Record #:
5555
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Over the last two decades, economic development policies have changed in the state, affected by such factors as reduced federal involvement, increased competition among states, and the impact of technology on business and manufacturing.
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Record #:
7093
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Bob Orr grew up in Hendersonville and has been executive director of the Raleigh-based North Carolina Institute for Constitutional Law since 2003. Before assuming this position, he graduated from UNC Law School, served eight years on the North Carolina Court of Appeals, and was in his second term on the North Carolina Supreme Court when he retired in 2003. Orr has strong feelings against economic incentives, an approach used by states and localities to attract businesses to their areas through tax breaks, money, and other inducements. Incentives allow corporations to play states against each other to receive extraordinary benefits. He hopes his institute will develop alternatives to this approach.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 25 Issue 3, Mar 2005,
p22-23, il
Periodical Website
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Record #:
28310
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Governor Mike Easley and the state legislature recently agreed to an incentive plan to keep Goodyear Tire & Rubber Co. in North Carolina and keep its Fayetteville plant open. Previous incentive plans were designed to lure companies to North Carolina or help existing companies expand rather than move elsewhere. This new precedent may have the state paying companies to stay based on a mere threat of leaving. This will likely lead to more companies to ask for the Goodyear treatment and the whole situation is likely to get out of hand.
Source:
Independent Weekly
(NoCar Oversize AP 2 .I57 [volumes 13 - 23 on microfilm]), Vol. 24 Issue 37, September 2007,
p14
Periodical Website
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Record #:
30072
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Abstract:
It was suggested that any radical changes to North Carolina's tax structure wait until the post-war period that can indicate any trend in revenues. During the war, however, to ease the burden of the tax payers, it has been suggested that tax credits and refunds be provided given revenue billing brought in more than appropriations demanded.
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