New Republican laws that went into effect yesterday seem actually designed to lose jobs in North Carolina while transferring more wealth to the corporations.
The "restructuring" of movie incentives is already sending TV and film shoots into other states, like deepest Georgia, according to WRAL.
While the corporate tax rate is dropping from 6% to 5% as of yesterday, the Raleigh honorables shifted more of the tax burden to the rest of us in the form of a new fuel tax on vehicles that run on natural gas. Gee, thanks! Tax collections in the state are already $190 million "short of projections as of December," and since the richest among us will pay less, your average Joe Blow will get stuck with the slack.
All of us get stuck.