Dr. Andrew Brod, a senior research fellow in the Center for Business and Economic Research, wrote an article for The Business Journal about Governor McCrory’s economic plan for privatization in North Carolina.

The plans are “to privatize sales, marketing and support functions; eliminate funding of the seven regional partnerships; and establish eight ‘prosperity zones’ overseen by the state,” as described by Brod.

When talking about problems of the previous approach, he said, “Republicans point to North Carolina’s high taxes relative to its neighbors, but the fact is that the state’s business climate has been ranked quite highly by such leading publications as Site Selection and Chief Executive magazines. Obviously, taxation isn’t the only factor that matters.”

The online content of this article requires a subscription to view.