tax incentives

Several years ago North Carolina lawmakers introduced a large tax incentive package that they hoped would lure the movie industry back to the state. By any anecdotal measure the incentive is a huge hit. Charlotte is home to several national shows and the region and state have seen some of the largest films in Hollywood come here for production. Millions and millions are spent in the state but critics say the numbers are not what they seem. So is the booming film industry in our state worth the incentive? We'll examine that question and look at a rapidly growing independent film industry in our state, when Charlotte Talks.


Iron Man 3 – one of the most expensive films to ever come out of North Carolina – hit theaters Friday. It received $20 million in state incentives and lawmakers are now debating a bill that would remove the state's film tax credit – the same credit that brought the Iron Man 3 production to the state.

Panthers Get $87.5M Public Money For Stadium

Apr 23, 2013
Julie Rose

  Charlotte taxpayers will pick up nearly two-thirds of the $147 million tab to renovate and maintain Bank of America Stadium.

The Charlotte City Council voted unanimously Monday night to give the Panthers $87.5 million it will collect through a tax on prepared food over the next 10 years. 

In exchange for public money, the Panthers promise to stay in Charlotte for at least six years, with financial penalties that kick in if the team leaves within ten years. City staff call the deal a "tether" that will keep another city from poaching the team.  

Julie Rose

  A group of former Charlotte reporters from the 1970s are taking the city to court over its decision to negotiate behind closed doors for tax money to renovate Panthers' stadium. 

These same journalists and their lawyer sued the city for violating the state open meetings law in the early 1970's – and won. As a result, Superior Court Judge Frank Snepp placed the city under a permanent injunction against breaking the law.

Gubernatorial candidates Pat McCrory and Walter Dalton addressed the role of economic incentives in attracting new jobs to North Carolina during their first debate Wednesday night.  Democratic Lieutenant Governor Dalton says he doesn't like giving tax breaks and cash to lure businesses, but we have to offer incentives since other states do.