Another year, another laughable Site Selection magazine ranking. The Governor’s office is yet again touting Site Selection magazine’s ranking North Carolina as having the “top business climate.” Gov. Bev Perdue announced today that North Carolina ranked as the nation’s “Top Business Climate,” according to Site Selection magazine. It is the tenth time in the last [...]
NC Should Consider Income Tax Elimination to Spur Recovery
New at the Civitas Institute’s main page is my article discussing tax reform for North Carolina. The Charlotte Business Journal published a similar version of the article in this week’s edition (paid subscription required to see the whole article). Here’s a sample: It’s no secret that North Carolina legislators will take a serious crack at [...]
NC’s Mediocre Business Climate
An outfit called Thumbtack.com has given North Carolina a C-plus rating for “small business friendliness.” My late father, when I got a C on my report card, said that “C is for crummy.” Note that our regional competitors do better. For instance, Virginia gets an A, South Carolina gets a B-plus. The N&O recently ran [...]
NC’s Business Tax Climate 7th Worst in Nation
The Tax Foundation last week unveiled its latest installment of its annual State Business Tax Climate Index for 2012. Unsurprisingly, North Carolina remained far down the list, coming in a dismal 44 – making our state the 7th worst in the nation. Dragging down our ranking is the state’s high sales tax and income tax rates. North [...]
NC’s Job Growth Continues to Lag Behind National, and Regional Trends
In contrast to Gov. Perdue’s repeated touting of North Carolina’s stellar business climate, a new report is out showing that North Carolina ranked a disappointing 37th in job growth over the past year. North Carolina has added a net of 4,400 jobs during the past year, ranking the Tar Heel State No. 37 among the [...]
