There is skepticism from left- and right-leaning organizations about the plan backed by the McCrory administration to add a tax on fracking to raise money for corporate incentives.
As we reported Friday, Commerce Secretary Sharon Decker is a particularly strong advocate of the plan. She said Gov. Pat McCrory calls her the greatest advocate of fracking around. (Click here to read the story.)
Reaction from Jon Sanders, Director of Regulatory Studies at the libertarian/conservative leaning John Locke Foundation, was blistering.
"Follow the logic there," he wrote in a blog post about the proposal. "Decker wants fracking here not because it will create new jobs and drive new investment, but because it will, in the course of creating new jobs and driving new investment, also be a possible source of new taxation, the proceeds of which Decker can give away to her chosen 'winners' and then claim credit for creating new jobs and driving investment."
From the left, Rob Schofield, Director of Research and Policy Development at N.C. Policy Watch, wrote in a blog post that the plan highlights an area in which "conservatives and progressives" have shared skepticism.
He expresses concern that McCrory "seems bent upon not just using corporate incentives, but dramatically expanding them."