incentive

RALEIGH – A lawsuit filed Thursday by the North Carolina Institute for Constitutional Law offers the prospect of scaling back state incentive policies that hinder rather than hasten economic development,…

The North Carolina General Assembly is returning to Raleigh for a special session on economic development. Rather than rush to push targeted tax credits and incentives for a few, lawmakers should pursue a broader examination of the factors under their control that really influence state economic growth. The wrong direction is to enact any set of policies that increase the state bureaucracy or the ranks of lobbyists seeking to arrange special “deals” for their industrial clients.