The Daily Tar Heel

Serving the students and the University community since 1893

Wednesday December 8th

Mark Seeley


News

Study Questions Tax Incentives

A research study evaluating the implications of one of North Carolina's more controversial tax incentive plans was unveiled to N.C. lawmakers last week, creating doubts about the need for the legislation. The study was conducted by the N.C. Department of Revenue. The Lee Act, which allows N.C. businesses to qualify for tax incentives in order to create more jobs and increase company revenue, currently is being revised by the N.C. General Assembly. The Senate has already made revisions, but more changes are anticipated when it goes before the House next week.

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News

RDU to Delay Expansion, Cut Workers

Planned construction at Raleigh-Durham International Airport has been put on hold indefinitely after severe flight cuts, an airline shutdown and a massive decrease in ticket sales resulting from last week's terrorist attacks. RDU already has cut 115 flights per day in and out of the airport because of the shutdown of Midway Airlines, which had a major hub at the airport. More flight cancellations could follow as a result of decreasing ticket sales.

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The Daily Tar Heel for December 1, 2021

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Games & Horoscopes

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