Protecting NC’s Declining Coastal Fisheries

North Carolina’s economic prosperity is directly affected by the health of the state’s coastal economy. Maximizing the growth opportunities for North Carolina’s non-urban coastal communities must remain a top priority. This is especially true as the state’s fishing economy continues to decli...

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It’s a Lose-Lose > Repeal the Mill Machinery Tax

North Carolina’s costly mill machinery sales tax is an onerous tax forced upon North Carolina manufacturers and other companies that purchase mill machinery. At a taxation rate of 1 percent of the price of such machinery or $80, per taxed article (whichever is higher), the mill machinery tax conti...

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Failure to Reform 40 Year Old Law will Cost NC Consumers $1 Billion

North Carolina utility rate payers stand to overpay $1 billion dollars if our state does not reform the policies implemented under the Public Utility Regulatory Policies Act of 1978 (PURPA). This 40-year-old law, which was enacted in response to the energy crisis of 1973, requires utility companies ...

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Eliminating Egregious Abuses in NC’s Legal System

North Carolina’s legal system is susceptible to egregious abuses in bankruptcy trust claims. Unfortunately, some plaintiff attorneys have made it their practice to exploit the system, employing unethical legal practices to manipulate damages payed. From hiding evidence of exposure - like the pract...

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How Workforce Development Transformed Caldwell County

Cultivating and capitalizing on the power of strategic partnerships is a fundamental component to improving North Carolina’s economic competitiveness across all 100 counties. No county knows this better than Caldwell County, which transformed its current and future economic outlook while becoming ...

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NC Needs to Raise the Age

The first two pillars outlined in North Carolina Vision 2030 – the NC Chamber Foundation’s forward-thinking, initiative-driven plan that provides focused economic development strategies – are “education and talent supply” and “competitive business climate.” Continually strengthening No...

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Ohio Proves Establishing Transparency in Bankruptcy Trust Claims Works

North Carolina’s legislative leaders should take note of Ohio’s successful asbestos trust reform as they consider Senate Bill 470: Personal Injury Bankruptcy Trust Claims. Ohio sought to establish transparency and fairness in bankruptcy trust filings four years ago - the first state in the count...

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NC Businesses Investing in Education

Aligning the needs of our business community with the goals of North Carolina’s education systems is essential as we look to close the skills gap and fill our talent pipeline. As job creators play an active role in providing career-training opportunities in education, producing a globally competit...

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