Search for “corporate welfare”
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Cut Corporate Welfare to Help Balance State Budget
Tenuous relationship between corporate welfare and economic health
… balance the budget is to eliminate the state’s corporate welfare programs and supporting bureaucracy.
The … that currently flow directly to the state’s corporate-welfare bureaucracy.
The MEDC takes money from many … spending. It should start with eliminating corporate welfare spending. more
Governor’s Budget Proposal Revisits Pure Michigan, Other Industry Welfare
There is no need to raise corporate welfare spending
… tourists to the Great Lake State. The latter is a corporate handout program that gives cash grants and loans … proposal also recommends lifting spending for a corporate welfare line item cut deeply last year by the Michigan … that study here.
There is no need to raise corporate welfare spending in the state. Research shows such … more
Tilt from Tax Cutting to Corporate Welfare Renews Failed Approach to Economic Growth
Lawmakers face a number of corporate welfare proposals
… 2000 and 2010: more corporate welfare.
If there was any evidence … scaled back the pace of corporate giveaways, eventually ended … last recession.
But corporate welfare is always an attraction … session could see a corporate welfare blowout.
To protect … details.
Lansing’s corporate welfare backsliding may be gaining … more
Return of the Mega Subsidy
Corporate welfare still demonstrably ineffective
… Legislature pulled the plug on the state’s Michigan Economic Growth Authority corporate handout program, many Lansing politicians are eager to increase the size … treasury $1 billion, roughly equal to all the money generated by the state’s corporate income tax payers.
MEGA is not the state’s only failed attempt at job … more
Growth Fuels Budget Priorities in House and Senate Budgets
Real Cuts to Corporate Welfare on the Table
… Legislature passed budgets that found more transportation money without raising tax rates. And both do so, in part, by decreasing support for corporate welfare.
The Senate-passed budget includes $93 million in extra road funding. The House-passed budget includes $372 million in extra road funding. Neither … more
The Lawmakers that Voted for the Most Business Subsidies and the Least
$16 billion in corporate welfare approved since 2001
… the current legislative session. A new scorecard from the Mackinac Center and MichiganVotes.org shows where every lawmaker came down on votes for corporate handouts that pit regular taxpayers against select business interests and developers.
Michigan lawmakers have authorized the state to spend a lot … more
The Problem of Corporate Welfare
… (the fifth in the past 4 years) and the uncertainty of the state going forward. The company has formed an exploratory team to consider moving the corporate headquarters.
The WSJ writes:
Democrat Dannel Malloy, the nation’s worst Governor since Pat Quinn lost in Illinois, quickly replied that he’s open … more
Why did the Governor Flip Flop on Corporate Welfare?
Corporate handouts remain unfair and ineffective
… Authority business subsidy program and lowering corporate taxes. These initial strokes were so bold I thought … a plant for the multinational, Taiwan-based corporate titan Foxconn. An Oct. 19 Detroit News article … rationale for the governor’s capitulation on corporate welfare. Why have Lansing politicians betrayed their … more
Say No to Business Subsidies
Michigan should sign onto an interstate compact to eliminate corporate welfare
… time reining the programs in. They don’t want to lose to other states.
That’s why lawmakers can get together in an interstate compact to end corporate welfare. States can sign it and keep offering their business subsidies. But they then get rid of all of their programs when enough states sign on. It … more
Corporate Welfare Isn't 'Essential' to a Vibrant Economy
MLive columnist overstates importance of state's corporate welfare agency
Department Reorganization is New Wine in Old Skin
Corporate welfare doesn’t work, reorganizing won't fix it
… didn’t work well then either. The fact is, corporate welfare doesn’t work and no amount of reorganizing … moves governors make within the state’s corporate welfare complex because so much of it just ends up …
A better direction is to eliminate all corporate welfare and job training subsidies and return money … more
Some Perspective: Michigan is Stronger Now, Part 2
Our economy recovered and grew with less corporate welfare
… learned not to rely on corporate welfare gimmicks to facilitate … a lucky few.
MEGA was a corporate subsidy program which was … Governor Rick Snyder reduced corporate taxes while also decreasing … recovered and grew with less corporate welfare.
Since then, policymakers … these changes by cutting corporate welfare spending even more deeply. … more
House Budget Puts Roads Above Film Subsidies
Some Republicans protecting Big Hollywood corporate welfare
House Republicans have passed a budget, part of which would end the Michigan film subsidy program and strip down some corporate welfare programs to devote that money toward road funding. This is good news for the state.
In the Legislature, typically the governor releases a proposal, the House and Senate … more
State Loses 200,000 Jobs, MEDC Finds 2,185
Why tax cuts are better than corporate welfare
… The magnitude of those MEDC job promises also is typical. What the contrasting figures starkly illustrate is just how meaningless this state's corporate welfare regime is for Michigan's economy.
That's 200,728 jobs needed vs. 2,185 jobs promised by the MEDC. If this is the best we have, we're in deep … more
Michigan Lawmakers on Pace for the Smallest Increase in Business Subsidies
Legislators reduced some corporate welfare spending
…
There have been business subsidies authorized in the state budget each year, though they were a small amount in 2019. Legislators reduced some corporate welfare spending, and the governor vetoed some spending on top of that.
Excluding federal funds and subsidy money that was authorized for the 21st Century … more
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