• John Locke Update

    A “Record” Year in Film Shows the Wisdom in Limiting Film Grants

    posted September 2, 2021 by Jon Sanders
    North Carolina reportedly had a record year of investment in film productions in 2021 despite having a cap on its film grant, a seemingly counterintuitive result that's consistent with research on film incentives. Owing to so many other factors influencing film productions, research has found film incentives have diminishing returns and argued for strictly limiting the incentives even if they're to grow the film industry as opposed to the state's economy. Research also finds that film incentives fail at growing a state's economy, returning only cents per dollar of tax credit or grant given.
  • John Locke Update

    Progressive Recommendations Would Harm, Not Help, Hourly Workers

    posted July 22, 2021 by Brian Balfour
    A new report published by a left-wing group included policy recommendations they claim will help hourly workers. The recommendations, however, largely introduce more restrictions, costs, and burdens to hiring hourly workers, which leads to less hiring. A better recipe to help hourly workers would be to peel back layers of government meddling in the labor market, not introduce more layers.
  • John Locke Update

    Cooper’s Corporate Welfare Hypocrisy Hits New Lows

    posted June 17, 2021 by Jon Sanders
    So far this year, Gov. Cooper has pledged over $930.7 million in tax incentives to just 22 corporations, including $845.8 million over four decades to Apple. At the same time, Cooper opposes cutting taxes across the board on the state's corporations and small businesses. Most of the businesses that would benefit from across-the-board income tax cuts are local employers with fewer than 100 people.
  • John Locke Update

    Regulatory sandboxes: Test runs with lighter regulation for innovative products

    posted April 22, 2021 by Jon Sanders
    Innovators move fast, but bureaucracies are slow, and regulations to protect consumers can make them worse off by protecting old ways from new products and services. Legislation would bring regulatory sandboxes to NC, which waive certain regulatory obstacles on a trial period for fast-emerging products and services, helping speed innovation in a way that benefits consumers and the economy.
  • John Locke Update

    Legislators consider ways to encourage broadband expansion into unserved parts of NC

    posted April 16, 2021 by Jon Sanders
    SB 689 would take up recent Locke recommendations for broadband expansion. It would charge broadband providers fairer rates for utility-pole attachments, including the net book value of any pole needing replacement, and expedite resolution by the NC Utilities Commission of any pole-attachment disputes.
  • John Locke Update

    Legislators should not bail out irresponsible NC DOT again

    posted January 14, 2021 by Brian Balfour
    Citing "mediocre" transportation infrastructure, a report from a state government commission wants North Carolina to increase transportation spending by 40 percent over the next decade. To critics, it sounds like another taxpayer bailout of a poorly run state agency.

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