3 Important Things
- Charlotte political figures come under fire. Last week Charlotte’s former mayor turned Secretary of Transportation was sued by the bankruptcy trustee for his former employer Design Line. Design Line’s bankruptcy trustee filed suit against Foxx for repayment of his salary, claiming that he never performed any work as General Counsel. U.S. Representative Robert Pittenger was also under fire this past week as the FBI investigates his former company, Pittenger Land Investments. Pittenger confirmed the FBI requested information from the company, but said he wasn’t sure what they were investigating – even though Pittenger’s wife is the current CEO of the company.
- First the state giveth. In order to get companies to relocate to a state, thereby providing jobs and income for the state’s citizens, legislatures provide tax incentives. North Carolina’s tax incentive fund was broke about a month into the 2015-16 fiscal year – it was grossly underfunded to begin with. After languishing in committee for about six months, the Senate finally approved a bill passed by the House last month to appropriate more money to the fund – but with a significant change tacked to the bill. You may remember we told you a few months ago about a plan that uses a new formula to reallocates sales tax revenues based on county population. This plan is great for rural counties that don’t see much business, but seriously depletes the coffers of urban counties and counties with booming tourism. Under the bill passed by the Senate, if we want to use tax incentives to attract businesses to the state, we here in Charlotte have to give up about 5% of our revenue from sales taxes. The Senate version still has to be reconciled with the House version and passed again before it becomes law.
- Call out the National Guard. About 50 Charlotte-based N.C. National Guardsmen of the 145th Airlift Wing left Friday morning to fight the wildfires devastating drought-stricken Northern California. The 145th operates a Modular Airborne Firefighting System (“MAFFS”). MAFFS is a self-contained aerial firefighting system loaded into the cargo bays of their C-130 that can discharge 3,000 gallons of water or fire retardant in less than five seconds covering an area a quarter of a mile long by 100 feet wide.
Their unit is one of only four equipped for a mission like this – and the only one based east of the Rockies.
MAFFS II being lodaed into the C-130 by the 145th and some visitors they were training from Columbia.
2 Happy Things
- More cake is always a good thing, and Publix is making it easier than ever to order your cake and eat it too as they offer online cake ordering. Here at WTF we are always for easier access to dessert.
- The Iron Yard has chosen Charlotte as the site for its newest coding school. The program offers a 12-week program to teach people how to code.
1 Random Thing
- Crime is on the rise in the Queen City. According to the Charlotte Mecklenburg Police Department, property crimes are up 6%, violent crime is up 12% and homicide is up 40% from last year.
Photos via AF.mil and Charlotte-Mecklenburg Police Department’s Facebook page.