Raleigh, N.C. — Lawmakers return to Raleigh Monday for a special session to consider overriding Gov. Mike Easley's veto of the Goodyear incentives bill. One group spoke out Sunday against the potential veto.
"Americans for Prosperity-North Carolina" said the bill would simply be a matter of the government picking winners and losers. Organizers, along with Sen. Fred Smith (R-Johnston), met Sunday in front of the State Legislative building, stating their opposition to giving taxpayer money to private corporations.
Although the bill does not specifically refer to Goodyear, it would end up giving the company about $40 million in new state tax incentives to its Fayetteville plant. The company would have been eligible for the grants if it invested $200 million to upgrade its Fayetteville tire plant and limited any cuts to its work force.
Those in favor of the bill have said Cumberland County cannot afford to lose the Goodyear plant. Goodyear employs about 2,700 people in Fayetteville and is Cumberland County's largest private employer.
North Carolina's governor received veto power in 1997. Easley has issued eight vetoes since being in office; of which none have been overturned.



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If Goodyear wants to leave, so be it - don't let the door hit you on the way out. It's not fair to the taxpayers nor to businesses not getting a tax break.
If Goodyear is subsidized, when will IBM, Cisco, Glaxo demand tax breaks to stay?
September 10, 2007 8:20 a.m.
September 10, 2007 7:47 a.m.
It would be greatly appreciated if wral would stop misrepresenting this bill. Every five minutes I hear that with this goodyear could cut 700 jobs. In one of the earlier readings of the bill the requirement was a 2400 job minimum but lawmakers pushed for that to be lowered to 2000 so that the Firestone plant in Wilson would be eligible.
For others who think Goodyear will be gone...well we all know companies just throw away 200 million in a plant so they can shut it down...
Finally, I don't think any state should give businesses incentives, but change has to come from the feds since one state stopping only puts that state at a disadvantage...
September 10, 2007 6:57 a.m.
September 10, 2007 5:53 a.m.
Huh? AFPNC is speaking out against the veto OVERRIDE, not the veto itself. The veto isn't "potential." It's already happened. Almost 12 hours and this still hasn't been corrected?
From ifcdirector: "Subsidizing Goodyear to keep relatively low wage jobs here is socialism pure and simple."
You're absolutely right. Of course, subsidizing jobs of ANY wage is socialism and is destructive to the economy. On a moral/ethical level, the government has no right to coercively confiscate money from one group of people and give it to another person or group. On a practical level, the government simply doesn't have the ability to make rational economic decisions. Only the freely operating market can allocate resources with any sort of efficiency.
September 10, 2007 5:50 a.m.