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Gov. Cooper’s Reverse Robin Hood Schemes Hurt North Carolina

He takes hard-earned money from the middle class and gives it to the well-connected

What Is Corporate Welfare?

Corporate welfare occurs when the government takes hard-earned money from taxpayers and hands it to corporations and special interests through sweetheart deals like direct subsidies, tax loopholes, or tax rebates.

Why “Reverse Robin Hood?”

The original Robin Hood is known as a brave outlaw who stole from the rich to give to the poor alongside his band of Merry Men.

Gov. Roy Cooper’s reverse Robin Hood scheme turns the original story on its head—he takes money from middle-class residents of the Tar Heel state to give to rich and politically-connected business owners.

Corporate Welfare's Plunder

Once Upon a Time

North Carolina’s corporate welfare story begins with the One North Carolina Fund and the Jobs Development Investment Grant program.

Since taking office, Gov. Cooper has committed to spending over $182 million in taxpayer money to pad the pockets of special interests.

Credit Suisse and Infosys alone have been granted over $62 million. Gov. Cooper is also trying to make deals with public money to lure Amazon to North Carolina – even after offering tech company FoxConn $540 million, only to lose them to Wisconsin.

Corporate welfare policies give taxpayer money to big corporations as an incentive to “create jobs” in North Carolina.

But wealthy corporations can afford employees on their own—without taking money from hard-working North Carolinians. Corporate welfare doesn’t help taxpayers, it only hurts them.

We need Gov. Cooper and North Carolina lawmakers to side with taxpayers instead of special interests. Tax rates should be low and applied fairly, to only fund the core functions of government; not corporate welfare schemes.

Corporate welfare is not pro-growth or pro-freedom.

Sign the petition against corporate welfare today!

See the Breakdown

Job Development Investment Grant

Company# of JobsAmount$ per Job
Clearwater Paper Corporation1802635200 $ 14,640.00
Corning Optical Communications LLC2102613600 $ 12,445.71
Corning Optical Communications LLC2002124000 $ 10,620.00
Alevo2002638000 $ 13,190.00
Continental1601604700 $ 10,029.38
Trilliant Networks1301329000 $ 10,223.08
Credit Suisse120040200000 $ 33,500.00
AXA55011800000 $ 21,454.55
Infosys200022400000 $ 11,200.00
A Wireless2501100000 $ 4,400.00
Pfizer, Inc.40250000 $ 6,250.00
Allstate Insurance Company225017800000 $ 7,911.11
Albemarle Corporation2004300000 $ 21,500.00
Fibertex Personal Care1451966500$ 13,562.07
Fresenius Kabi4457200000$16,179.78
Mako Medical Laboratories, LLC1533160000$20,653.59
Corning Incorporated1111236000$11,135.14
Corning Incorporated3173215250$10,142.74
Conduent Incorporated2002100000$10,500.00
Trangle Tyre80020100000$25,125.00
Sunrise Global Marketing, LLC1871377000$7,363.64
Tristone Flowtech3021008000$3,337.75
Dhollandia MFG, LLC1501461600$9,744.00
RiceWrap Foods3061896000$6,196.80
Ernst & Young LLP3753216750$8,578.00
Corvid Technologies LLC3679000750$24,525.20
Egger Wood Products400*5300000$19,500*
Advaned Digital Cable, Inc1550000$3,333.33
Sealed Air Corporation25100000$4,000.00
Linamar Forgings Carolina (LFC)3162000$2,000.00
DHL Supply Chain140200000$1,428.57
InterMarket Technology5750000$8,779.19
Quality Enclosures65150000$2,307.69
TEAM Industries Andrews, Inc2050000$2,500.00
GE Aviation146555700$3,806.16
Egger Wood Products400*2500000$19,500.00

One North Carolina Fund

Company# of JobsAmount$ per Job
Mountaire Farms65200000$3,076.92
Keihin Carolina System Technology42150000$3,571.43
Oerlikon931000000$10,752.69
Carolina Structural Systems71200000$2,816.90
Baxter International901000000$11,111.11
Taylor Stave, LLC2884000$3,000.00
MAS Holdings133575000$4,323.31
SouthCorr, LLC2250000$2,272.73
Palziv North America4040000$1,000.00
Ryan-AL, Inc.53150000$2,830.19
Weitron, Inc.3190000$2,903.23
Borealis Compounds, Inc.37100000$2,702.70
Adhezion Biomedical, LLC40100000$2,500.00
HPFABRICS, Inc.260250000$961.54
Ventura Coach Corp.61200000$3,278.69
Stormberg Foods, LLC.60125000$2,083.33
FCC (North Carolina), LLC.2890000$3,214.29
Williams-Sonoma, Inc.72300000$4,166.67
TrueLearn, LLC4450000$1,136.36
Revlon55100000$1,818.18
New York Air Brake, LLC2850000 $1,785.71
LS Tractor USA3160000 $1,935.48
Edwards Wood Products46150000 $3,260.87
Superion, LLC80160000$2,000.00
Advanced Superabrasives, Inc47100000$2,127.66
Airgas USA, LLC35100000$2,857.14
VEKA102500000$4,901.96
Advaned Digital Cable, Inc1550000$3,333.33
Sealed Air Corporation25100000$4,000.00
Linamar Forgings Carolina (LFC)3162000$2,000.00
DHL Supply Chain140200000$1,428.57
InterMarket Technology5750000$8,779.19
Quality Enclosures65150000$2,307.69
TEAM Industries Andrews, Inc2050000$2,500.00
GE Aviation146555700$3,806.16
Egger Wood Products400*2500000$19,500.00

*Figures are for total JDIG and One North Carolina Fund grant.