South By North Strategies, Ltd.

The N.C. Budget & Tax Center critiques various state legislative proposals aimed at sparking private-sector job creation. Concludes the center:

Proposals in the Senate and House to stimulate growth by targeting small business will do little to create jobs because of fundamental problems with their design. Across the board tax cuts are very unlikely to generate new investments especially in the form of expanded payroll. And while tax credits provide a more targeted tax cut, the limited size of the credit and caps on available funds for the program are unlikely to motivate firms to expand.