Why did Apple pick N.C.? Investments, not tax cuts
It was a too-uncommon display of bipartisanship and government unity last week at the announcement Apple was going to invest about $1 billion, develop its first east coast campus, an engineering hub in the Triangle and create 3,000 high-paying jobs in North Carolina.
On the lawn of the Executive Mansion Democratic Gov. Roy Cooper and Commerce Secretary Machelle Sanders were joined by Republican legislative leaders House Speaker Tim Moore and Senate President Pro Tem Phil Berger as well as the legislature’s Democratic Party leaders Sen. Dan Blue and Rep. Robert Reives. They were all smiles for the display of unity and accomplishment.
They offered a rare joint statement, posted on the state Department of Commerce website: “Innovation has long been North Carolina’s calling card and Apple’s decision to build this new campus in the Research Triangle showcases the importance of our state’s favorable business climate, world-class universities, our tech-ready workforce and the welcoming and diverse communities that make so many people want to call North Carolina home,” they said. “We are proud to work together to continue to grow our economy and bring transformational industries and good paying jobs to North Carolina.”
Still amid the exhibition, Berger could not resist partisan boasting: “We've worked to move North Carolina from the bottom of the pack in business climate ratings to near the top.”
That is a myth, fostered by some partisan thinktanks and with little basis in reality. For a decade before 2011 when Berger started his reign as Senate President Pro Tem, the non-ideological Site Selection Magazine ranked the state’s business climate tops in the nation 9 of the 10 years. From 2011 through 2020, North Carolina ranked first only twice – though it’s been among the top 3 for all but one of those years. Since 2006 when Forbes Magazine started ranking best states to do business, North Carolina has never been lower than fifth.
So much for bottom of the pack.
Read more: https://www.wral.com/editorial-why-did-apple-pick-n-c-investments-not-tax-cuts/19658781/
The NC GOP taking credit where credit isn't due.
