financing

Click here to view and here to listen to Daren Bakst discussing taxpayer-funded election campaigns. RALEIGH — A state Senate committee’s vote today to expand taxpayer funding of…

Click here to view and here to listen to Daren Bakst discussing this press release. RALEIGH — North Carolina should place an immediate hold on the “matching-funds” provision…

RALEIGH – The Kannapolis City Council’s plan to borrow $168 million through tax increment financing exposes key problems with that type of funding scheme. That’s according to a new John…

State lawmakers are considering a proposed constitutional amendment to allow local governments to issue bonds without a public vote to construct convention centers, sports arenas, and other “economic development” projects. Careful research of these programs in other states reveals that they do not enhance a community’s economic growth over time. Moreover, they weaken governmental accountability to a voting public that does not favor subsidizing private businesses.