tax breaks
March 9, 2018 -
Conceived by a group of high-tech moguls and investors and championed by Republican U.S. Sen. Tim Scott of South Carolina, a new program that offers capital gains tax breaks for investing in poor neighborhoods could end up displacing long-term residents.
April 29, 2016 -
More than two decades ago, Louisiana created a tax exemption for horizontally drilled oil and gas wells that's still in place — and it's costing the cash-strapped state billions in revenues.
April 5, 2016 -
BP will be able to write off most of the $20 billion settlement it has agreed to pay for its 2010 Deepwater Horizon oil spill as an ordinary business expense, resulting in a potential tax windfall of over $5 billion.
September 23, 2015 -
Tennessee taxpayers have financed hundreds of millions of dollars in economic incentives for VW to locate and expand a plant in Chattanooga that manufactures one of the vehicles involved in the emissions cheating scandal. What happens to that money now?
June 6, 2014 -
North Carolina has passed a law fast-tracking fracking. Now state leaders are seeking taxpayer dollars to help the industry -- despite the billions it earns in annual profits and its detrimental effects on environmental health.
April 15, 2014 -
A by-the-numbers look at who pays, who doesn't, and where the money goes.
July 19, 2013 -
The Republican-led legislature has dramatically overhauled North Carolina's tax code, but not everyone will benefit from the changes.