Needed Relief for Small Business

This week, the North Carolina House of Representatives Finance committee recommended two COVID-19-related bills (H.B. 1034 and H.B. 1039) which focus on small-business loans. Other benefits of the bills include easing unemployment-claim requirements and waiving tax-filing deadlines.

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Site Selection Ranks NC in its Top Spot

As North Carolina begins a new decade amid a tumultuous national economy, Site Selection Magazine has North Carolina tied with Georgia for the number one spot in its annual survey of states for positive business climates. Last year, Site Selection had North Carolina just behind Georgia, coming in at number two. With the exception of Virginia, the legislatures of all

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A Prescription for Disaster

After winning re-election last week by nearly a quarter of a million votes, Governor Roy Cooper signaled his intention to continue pursuing expansion of North Carolina’s Medicaid program, despite conservatives maintaining their majority in the state Senate and strengthening their majority in the state House. Conservative legislators in the General Assembly have historically opposed expanding Medicaid. There are approximately 2

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NC in Top Ten for Business for First Time

For the first time ever, North Carolina has ranked in the top ten states for competitive business tax climates, according to the non-partisan Tax Foundation. This is a five-point improvement over last year, when the state ranked fifteenth. As recently as 2014, North Carolina state ranked 44th. “The state House’s successful vision for a new economic era in North Carolina

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The Biggest Little Scandal You’ve Never Heard Of

When the North Carolina General Assembly overwhelmingly approved a $3 billion transportation package in the summer of 2018 to fund road construction and repairs, few would have imagined that it would take over two years for the bonds to actually be issued. But the legislation, the Build NC Bond Act of 2018 (Senate Bill 758), required that before the bonds

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