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Not Much Difference Between Current Corporate Handouts and Recliner Subsidies
Slouching towards subsidies
… introduce the Comfort Michigan subsidy program for select recliner … partisan issue. Business subsidies tend to be approved with … private interests. Business subsidies get pocketed by business … owner, just as recliner subsidies would go to a person’s direct … people asking for business subsidies might point out that their … more
In the Battle for Jobs, Subsidy Programs Shoot Blanks
More subsidies won’t improve economy
… justify a proposal for new Michigan taxpayer subsidies to certain businesses.
"But the reality is if … states. Regardless of their caliber, however, the subsidy programs Rothwell supports only shoot blanks. … economy is doing well and adding or losing more subsidy programs won’t change that. more
Targeted Business Subsidies vs. Broad Tax Relief
State lawmakers think subsidies improve the economy more
… state never got out of the subsidy business. The deals they sign, … only happened with state subsidies. And even then, that doesn’t … consequences for business subsidy expenditures.
If all of these … out in old business tax subsidies and the $170.9 million in new subsidies approved in the budget, plus … more
Michigan taxpayers funded artistic and financial flops in last film-subsidy effort
In movies and subsidy programs, the sequel is rarely better
… short-lived blip of jobs appeared. The subsidies were widely derided by economists … approved for $1 million in select subsidies, paid for by everyday Michiganders. … did the state film office approve subsidies for documentaries about someone … little difference between a direct subsidy and a transferable tax credit. Regardless … more
Is One Subsidy Really Any Better?
Subsidies do have a destabilizing market influence
… interests directly attacking subsidies as a destabilizing influence … in multiple billions of subsidies, credits, and market carve-outs. … percent of all federal energy subsidies in 2016 ($6.7 billion in … that must be addressed with subsidies.
If coal and nuclear plants … pretend massive and prolonged subsidies for renewable energy haven’t … more
Politicians Cannot Keep Up With Dynamic Economy
Subsidies for a handful, costs for everyone else
State lawmakers created new business subsidy programs last year. This new taxpayer spending will have little effect on the state economy and will not likely justify its costs. This is because politicians cannot keep up with the massive dynamic job loss and job creation that occurs outside of Lansing’s … more
Budget 2021: State of Corporate and Industry Handouts
Lawmakers should cut unnecessary and ineffective subsidy programs
… repeatedly shows state jobs program subsidies to be an ineffective development … would pay taxpayers back for the subsidies.
We then narrowed our analysis … recipients in 2012 that would earned a subsidy. We compared their job-creating performance … out or just failed to earn their subsidy. We found from this comparison that … more
Memo to Reporters: Follow the Money!
On Hollywood subsidies
… Granholm signed the law making the tax subsidy the most lucrative in the country, …
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Five Reasons Government Subsidies For Films Are A Bad Idea
Super Subsidies
Housing Expenses Among the Perks … Stop State From Giving Company Huge Subsidy
Film Incentives: The $50 Million … more
There are no free rides — Michigan taxpayers will subsidize the QLine through 2039
Republicans helped pass a subsidy for a train that has a fraction of the ridership it would need to sustain itself
… into a $5 million annual subsidy of the Woodward Avenue street … cover costs.
The $5 million subsidy from state taxpayers will … fund the train. The public subsidies started during the pandemic and … Lansing in January, this subsidy didn’t need to wait for the … of Senate Bill 1222
The subsidy was tucked inside Senate Bill … more
State Budget Follies
Senior Olympics subsidies getting old
… tennis and golf.
The state should kill this subsidy on fairness grounds alone. There are countless … government. Yet those who choose to participate sans subsidy are being forced to pay for the Senior Olympians’ … district 1,000 new textbooks.
Senior Olympics subsidies are unfair, unnecessary and waste precious resources … more
The Corporate Welfare Lady Protests Too Much
Evidence shows subsidy efforts are ineffective
… for Michigan.” That is a misnomer. It should instead be called “MEGA 2: Subsidies for Large Conglomerates.” That’s because the program is modeled on the … influence the course of their state or local economies through incentives and subsidies to a degree far beyond anything supported by even the most optimistic … more
Michigan Chamber CEO Blasts Film Subsidies as a 'Boondoggle'
Bill extends film subsidies indefinitely
… Michigan’s film incentive subsidy program indefinitely. Senate … Rich Studley blasted film subsidies during withering testimony … taxpayer dollars spent on film subsidies would be better employed … roads.
“If the Michigan film subsidies were a movie it would be … altogether, allowing film subsidies to continue on a permanent … more
December 5, 2014, MichiganVotes Weekly Vote Report
Road funding, religious freedom, film subsidies & more
… selective tax breaks and subsidies granted to particular corporations … 1103, Extend film producer subsidies: Passed 73 to 37 in the House … the law authorizing state subsidy payments to some film productions … make some changes to the subsidy allocation formula. This year … was appropriated for these subsidies.
Who Voted “Yes” and Who … more
Center Scholar Interview in Wall Street Journal
Prof. Richard Vedder on college subsidies
… roughly 18% do.
This growth in subsidies, Mr. Vedder argues, has fueled rising … colleges to raise their fees."
Subsidies for colleges act as a disincentive … meantime, there is no evidence that more subsidies lead to economic growth or job creation. … numbers are despite massive increasing subsidies over the past decades.
A Wall Street … more
Reporting or Promoting?
Why transparency of business subsidy programs shouldn’t be controlled by administrators
… tells people about what business subsidies the state has offered and some of … nothing if they were not handed a subsidy. They also include gains from their … advocacy group skeptical of business subsidies, found that all states could improve … useful information about its select subsidy deals. But Illinois’s transparency … more
State Lawmakers Should Cut Business Subsidies Even More Next Year
… reduction in key business-subsidy programs. Let’s hope that … signals less support for these subsidies, which are ineffective at … This money gets spent on subsidies for real estate development … state awarded 23 companies subsidies to create 3,700 jobs, just … state spending on business subsidies doesn’t go through the budget … more
Michigan bill revives film subsidies, adds cash giveaway for touting state in commercials
Film subsidies failed to have a lasting impact the first time around
… the state. A new set of lawmakers is considering plans to revive the subsidies, which could include 35% of the cost of hiring certain workers.
Senate … added. “Brands like Kellogg’s and Motown Records were not born of taxpayer subsidies, but from entrepreneurs who thought their own investments might produce … more
Legislator ‘Stunned’ By End Of Film Subsidies, Knocks Other Corporate Handouts She Approved
Democrat voted for $1.2 billion in 'huge tax breaks and sweetheart incentives'
… now-defunct Michigan film subsidy program back in 2015.
In … her dismay that the film subsidies program had ended.
“I was … more transparency for these subsidies.
According to one recent … billion in direct business subsidies during her 44 months in the … other kinds of business subsidies are included.
Among the … more
Let Corporate Handouts Expire
Roads are a better use of the public purse than business subsidies
… compromise to get a business subsidy program approved in 2017, … company rejected Michigan’s subsidies and went elsewhere.
Not … what happens with business subsidies. State and local governments … be told that this latest subsidy program has been a success …
A finding that a business subsidy program doesn’t drive growth … more
State’s Business Subsidy Cherry-Pickers Failed In Handout To Cherry Picker
Picking corporate subsidy winners and losers not like choosing fruit
Michigan Crushes Korea in Corporate Welfare Handouts
Nearly $9 billion in crony-capitalism subsidies
… Journal recently criticized government subsidies that South Korean politicians have … Seoul gave $673.9 million in direct subsidies to the chaebol. That doesn’t count … in 2009 and 2010, its politicians and subsidy-granting officials managed to approve nearly $9 billion in subsidies to corporate interests, including … more
Batman and Superman vs. Taxpayers
Film subsidy costs taxpayers almost $8 each
… price when the movie is released in 2015.
Film subsidies are bad policy, opposed by nearly all independent … population to a few very large studios. And when subsidies are threatened to be cut, those large studios …
Michigan House Republicans tried to end the subsidies last year, but the GOP-dominated Senate resisted … more
One Sector Grew Last Decade: Corporate Welfare
Very few jobs to show for special favors, subsidies
… actually confirming that subsidy recipients kept their “jobs” … replaced in 2011 by a direct subsidy program, with amounts appropriated … tax reductions and flat-out subsidy checks. How much of each has … launched her own selective subsidy and tax break programs. One … allocating state research subsidies to the state actually owning … more
State Business Handout Program Wastes Another $2 million
Another state subsidy deal fails to deliver
… given $2 million in state subsidies through the MBDP and a “Renaissance … stage” and that, without the subsidy, the “project could be at risk.”
The state subsidy deal required RNFL to create … state 112 percent of the subsidy — that, is, a profit. Michael … Corporation, said that several subsidy deals, including this one, … more
Corporate Welfare and the Michigan Business Tax
Some subsidies extend another 20 years
… it was a departure from the previous administration that approved huge subsidies or tax breaks for politically connected enterprises.
However, note that … that almost one-third of the “$1.8 billion” claim comes from selective subsidies and tax breaks granted under the previous administration’s open-ended … more
What Happens When the Michigan Economic Development Corporation Ends?
State could save millions by stopping ineffective subsidies
… money lawmakers can direct elsewhere. If the state is out of the selective subsidy game, it should also reconsider the fund balance of the 21st Century Jobs … and spent elsewhere if the MEDC closes and the state stops its business subsidies. more
What Michigan Government Lacks in Transparency
Billions in business subsidies still can’t be disclosed
… officials refuse to disclose to Michigan residents which companies are collecting how much of literally billions of state tax dollars in business subsidy payments. The state makes available a treasure trove of information on most of its spending, but mum’s the word when it comes to providing transparency … more
October 24, 2014, MichiganVotes Weekly Report
Extend film subsidies, and more key votes from 2014
… 1103, Extend film producer subsidies: Passed 32 to 4 in the Senate … the law authorizing state subsidies for film productions, and … calculate a particular producer's subsidy. This would remove limitations on giving larger subsidies based on very high compensation … larger share of the total subsidy budget. Legislators earlier … more
Slotkin ad mistakes job announcements for jobs, subsidies for growth
Opposing subsidies is not the same as opposing jobs
… once: A person can oppose subsidies for one of Michigan's largest … world of politics, opposing a subsidy is equated to opposing jobs, … position that corporate subsidies do not work. Barrett wrote … issue of fairness in the subsidies, wherein small businesses … awarded $1 billion in cash and subsidies this year by the state in … more
Hey! Is that Brad Pitt in the Frozen Food Aisle?
Almost every argument in favor of film subsidies is wrong
… to terminate the state's subsidies to film producers.
ForTheRecord … pictures since Michigan’s film subsidy program began in 2008, “How … IMDb. So apparently film subsidies had nothing to do with Nicholson …
ForTheRecord says: State film subsidies mostly go to Hollywood movie … (it may have also received subsidies from other states). In 2012, … more
Star Struck: Why States Chase the Film Industry with Subsidies
While economists on the right and the left say they shouldn't
… opportunity to put Michigan’s film subsidy program to rest. Instead, … demonstrating that state film subsidy programs are bad investments, … authored a study on state film subsidies four years ago when he worked … study was that “state film subsidies are costly to states and … his opinion of state film subsidies hadn’t changed. The following … more
Biden infrastructure law was a $30B push for EVs
What will become of the EV when subsidies dry up?
… infrastructure law, electric vehicle interests were granted $30.2 billion in subsidies over several years.
These subsidies include:
$5 billion for a national charging infrastructure
$5 billion … more
Michigan Lawmakers Approve $1 Billion in New Corporate Subsidies
Their votes can be seen and tracked on a business subsidy scorecard
… been added to a business subsidy scorecard that has recorded individual … taxpayer dollars on business subsidy programs even though these have … executives who suggested subsidies would be needed to get them … authorize additional corporate subsidy programs. A comparatively … $17.6 billion in business subsidies.
The latest $1 billion subsidy … more
What Michigan can do with $500 million rather than giving it to Hollywood
There is no reason to resurrect film subsidies
… create jobs.
But when the subsidies dried up, the jobs left. … out this time. But current subsidies being given to large corporations … states currently offer film subsidies, hoping to become the next Hollywood. How would a subsidy scheme make Michigan stand … adopted a $500 million film subsidy. To this day, the promise … more
Government Spending on Universities Rise, Tuition Hikes Follow
Higher education funding returns little to the state
… little bang for their buck for these subsidies. Higher education spending does … “despite spiraling tuition, government subsidies for higher education are – contrary … education in the form of direct subsidies, tax credits and tax breaks.
In … dollars total state and federal subsidies have more than doubled, while funding … more
‘Trough Truce’ on Display in Latest Debate on Corporate Welfare
Latest business subsidy gets bipartisan support and some opposition
… with handing out select subsidies to certain businesses but … contained $136 million in select subsidies. The state expects also to …
Spending on these business subsidies is perhaps the most wasteful … ages six to 18. Business subsidies given for economic development …
The support for business subsidies is narrow: The people handing … more
So Long Film Subsidies
Other 'economic development' programs should be next
… 2005. The programs have made early-stage company grants, battery plant subsidies, matching fund grants, incubator assistance, mezzanine financing and others. … are worth more than the company’s tax liability makes these credits a subsidy from other taxpayers.
At its core, the economy is about people working … more
Is One Subsidy Really Any Better?
… interests directly attacking subsidies as a destabilizing influence … in multiple billions of subsidies, credits, and market carve-outs. … percent of all federal energy subsidies in 2016 ($6.7 billion in … that must be addressed with subsidies.
If coal and nuclear plants … pretend massive and prolonged subsidies for renewable energy haven’t … more
Will Michigan Taxpayers Be Giving KISS Millions For the Rock Band's Film?
Gene Simmons slaps down socialism but KISS film may accept film subsidies
…
Record Profits For Warner Bros. Doesn't Stop State From Giving Company Huge Subsidy
Five Reasons Government Subsidies For Films Are A Bad Idea
Film Incentives: The $50 Million Sequel
Public … more
Riches-to-Rags Story Developing For Movie Operations in Michigan
House budget proposes eliminating state's $50M film subsidy program
If the state’s film subsidy were a movie itself, it likely would … 145-1 vote that gave huge subsidies to the movie industry, Republican … to vote against the film subsidy.
"I think the mounting body … and actually a questionable subsidy to the movie industry led … that these Hollywood film subsidies mainly send our Michigan … more
Whitmer signs $5M/year QLine subsidy through 2039
Republicans, in large numbers, championed and supported the subsidy for little-used Detroit train
What started as Senate Bill 1223 — a $5 million per year subsidy for the QLine Detroit commuter train through 2039 — became Public Act 276 of 2022 Thursday, … official history.
The Senate Fiscal Agency analysis explains how the subsidy would work. The bill would:
Extend, from September 30, 2022, to September … more
Michigan Treasury Erroneously Sent Out a $14.5 Million Check
Company's corporate subsidy check was doubled
Subsidies Drive Up College Costs
… Matthew Yglesias says increasing subsidies for college won’t bring down the … appropriations, is not much more than a subsidy from the poor to the rich. They encourage … reasons, the state should limit the subsidies.
As Yglesias concludes, “At any given level of subsidy, schools are going to charge families … more
Vox Media Criticizes Government Subsidies — But Took Them
‘Media on a government dole’ raises questions about independence and more
… taxpayer-funded business subsidies from the state of New York.
The subsidies were authorized under something … and questioning business subsidies elsewhere. Last year, Vox … site The Verge questioned subsidies approved by the state of … continues to receive its own subsidies may be in doubt following … more
Say No to Business Subsidies
Michigan should sign onto an interstate compact to eliminate corporate welfare
… million in taxpayer-paid subsidies. States should stop this … without handouts.
Business subsidies are bad policy. They waste … state offers some kind of subsidy.
It seems that it is tough … see who can offer the most subsidies leaves us all worse off, … offering their business subsidies. But they then get rid of … more
Train Wreck: Amtrak Is a Case Study in Government Waste
… this month.
The beneficiaries of a government subsidy — including the bureaucrats who administer it … dollars later, Amtrak is still bleeding red ink. Subsidies total nearly half a billion dollars this year … People Mover, are models of inefficiency. The subsidies per passenger and per mile are off the charts … more
Need A Microscope to Find the Corporate Welfare Jobs in Michigan's Economy
Press releases roar, subsidies bring forth a mouse
The Michigan Economic Development Corporation announced that state business subsidies would create 1,916 jobs in the third quarter of 2015. Those 1,916 projected jobs are dwarfed by the normal and ongoing churn of the state economy. And the job promise numbers are probably overstated too: A September … more
While Taxpayers Shell Out Big For Hollywood Stars, Media Fawns
Michigan continues 'Big Hollywood' film subsidy
… Engagement” got $5.23 million in film subsidies and “Answer This” received $166,000 in tax subsidies.
The kind words didn’t come without … Michigan Taxpayer
Michigan Film Subsidy Winner Costs 10x More to Make Than … to Continue 'Big Hollywood' Film Subsidy more
Analysis: Transit Nonsense + State Health Care Rationing = Really Bad Policy (Roll Call Votes)
Transit-related spending, tax break and subsidy bills
… brownfield tax breaks and subsidies to developments within a … infrastructure projects and subsidies that promote mass transit. … redevelopment” tax breaks and subsidies for developers of projects … infrastructure projects and subsidies that promote mass transit … infrastructure projects and subsidies that promote mass transit … more
DTE offers $2,000 in subsidies, special charging rates for EVs
Electric companies are not a disinterested party in America’s EV transition. They see a way to sell more product, and they facilitate that with subsidies
DTE Energy, one of Michigan’s two energy giants, offers up to $2,000 in subsidies to people who drive electric vehicles.
The company offers a $1,500 rebate to people who buy or even lease an electric vehicle.
Don’t have an EV? Not to worry, DTE’s EV showroom will help you sort among eligible choices. … more
Wind Subsidies Upon Mandates Upon Subsidies
Ad Infinitum, Ad Absurdum
… of the electricity they sell from “renewable” sources — read wind turbines — will come before voters just seven weeks before another taxpayer wind subsidy is set to expire.
It’s a federal “production tax credit” that gives windmill operators a $22 tax break for every megawatt hour of juice they produce. … more
Michigan had 18K electric vehicles in 2021; will it reach 2M by 2030?
Whitmer seeks $113M for charging equipment and subsidies
Pot, Meet Kettle
… But, he added, "illegal subsidies in China" have prompted "the … gets about 100 times the subsidy received by oil and natural … complaining about the alleged subsidies the Chinese government is … this case, renewable energy subsidies are sold as both a “jobs … should end “renewable energy” subsidies and mandates altogether, … more
Michigan Already Awash in Business Subsidies
Lawmakers should reject latest proposal for more
In support of a new business subsidy program, Business Leaders for Michigan writes, “Michigan can no longer afford to be the only state besides Alaska … the income tax for everyone rather than just handing out more business subsidies for a select lucky few. more
Solar Subsidies Are More than 'Fair'
Those selling a wholesale product should be paid the wholesale price
… chosen metric – for the customers of the store. Is it?
Second, in real life, state and federal governments have lavished special tax credits and subsidies onto solar energy, meaning a substantial portion of the cost people pay for solar panels has been socialized across the nation’s taxpayers. To put … more
Do Millionaires Need More Subsidies?
In pursuing economic development, Michigan may repeat past errors
… loosely modeled on the state’s failed multibillion dollar corporate welfare subsidy program known as MEGA, and it could be passed as early as this summer. … state’s hugely expensive and failed Michigan Economic Growth Authority subsidy program also required such analyses.
And those analyses, published by … more
Michigan Lawmakers on Pace for the Smallest Increase in Business Subsidies
Legislators reduced some corporate welfare spending
… light year for business subsidies, and our business subsidy scorecard — which records … authorizes new business subsidies, and, where available, official … bills, for example, the subsidies represent a minuscule fraction …
There have been business subsidies authorized in the state budget … more
Power to the People: 2015 Brought Some Key Reforms to Michigan
Bye-bye film subsidies, hello limits on improper or abusive police and prosecutor actions
… the elimination of costly subsidies for film producers and new …
Death Sentence for Film Subsidies
On July 9, Gov. Rick Snyder … phases out Michigan’s film subsidy program. Launched in 2008, the subsidies transferred wealth from Michigan … taxpayer dollars on the subsidies, Michigan actually had 102 … more
Taxpayers Deserve to Know Details of Business Subsidy Deals
State officials are hiding what should be public information
… large number of business subsidy programs. Some of this information … but not all of them. The subsidies that are delivered through … determine the size of the subsidy. These are subsidies administered through the … support. It’s bad enough that subsidy programs put select businesses … more
More Attention for Interstate Compacts to Eliminate Business Subsidies
There are lessons to be learned from a recent agreement
… interstate compacts to eliminate business subsidies. A version has been introduced in … city officials from making business subsidy deals.
A stronger state contract … challenge a state who keeps handing out subsidies, creates a solid threat to ensure … upon signatories to eliminate their subsidy programs without the federal government. … more
GOP Budget Spends More on Film Subsidies
Picking Hollywood over taxpayers
… spent on Michigan’s film subsidy program. Spending taxpayer … program. Michigan’s film subsidy used to be the most generous … give-backs.
Last year, the film subsidy gave millions to rich Hollywood …
Besides the fact that the subsidy returns very little as an … while seeking $10 million in subsidies – the bogus deal was exposed … more
Another MBDP Jobs Subsidy Project Doesn’t Work
State officials can’t pick economic winners from losers and shouldn’t try
… post, I have highlighted companies that received subsidies from the Michigan Business Development Program … that the state has not yet paid out any MBDP subsidies to the company. The bad news is that it is yet … kept. The state should get out of the corporate subsidy game and instead adopt more useful policies. Those … more
Kmart Property is MEGA Reminder Not to Extend Subsidy Program
Good Jobs for Michigan is modeled after the failed MEGA
… in opposition to the extension of a corporate subsidy program known by the misleading title of “Good … like MEGA itself, costs taxpayers billions in subsidies and with little to show for it.
In Monday’s … that once hosted Kmart Corp., reminded me of why subsidy programs often fail. No matter how smart or well-intentioned … more
Electric Vehicle Battery Subsidy Failures Evident Early On
Former Gov. Granholm defends her policies in Detroit Free Press article
… billion in tax credits and direct subsidies to four companies — A123 Systems, … legislative Republican also voted for the subsidies.
"This is why what Hayek called … of LG Chem; the GOP reviving the subsidy program after vowing to end it; and …
Experts Say STate Battery Plant Subsidy a 'Risky Venture' more
Amazon and Foxconn Ignite Opposition To Business Subsidies
Business subsidies took a punch after people decried taxpayer support for Amazon’s second headquarters and Foxconn announced that it was scaling back … the course of their state and local economies through incentives and subsidies to a degree far beyond anything supported by even the most optimistic … more
Legislature Approves New Business Subsidies
Big budget bill makes it more difficult to hold lawmakers accountable for spending
… million in new business subsidies. Unfortunately, holding lawmakers … legislative scorecard on business subsidies.
That is because the votes … support for new business subsidies. This is why we excluded … of votes from our business subsidy scorecard.
It didn’t use … their stance on business subsidies or other issues. They could … more
Michigan’s Corporate Subsidy Board Faces Tough Questioning
There’s a better way to help small business
… welfare apparatus faced some tough questioning from lawmakers recently. The Michigan Strategic Fund, which approves millions in select grants and subsidies which would better be spent on roads, sent nominees for its governing board to the Senate Advice and Consent Committee — and they faced some tough … more
Stimulus Amendments Push More Renewable Subsidies
Solar and wind set to profit handsomely from COVID-19 response
… we see that neither residential or utility-scale renewable energy can compete (read: they won’t get built or used) without a continuing flood of subsidies and mandates. Despite (or more likely because of) this fact, the renewable energy industry is first in line at the stimulus trough, demanding (once … more
Lonely Are The Michigan Democrats Who Oppose State Checks To Corporations
Taxpayer-funded cash subsidies a bipartisan thing, but Dem dissenters are an endangered species
… taxpayer-funded business subsidy programs covered by a recent … Democrat to oppose all the subsidy measures that came before … authorize $6 billion in cash subsidies for businesses.
The average … approved $1.62 billion in subsidies while the average Republican … than 1 percent of business subsidy dollars that came before them … more
'Stand Up To Billionaires And Corporations'? Tlaib Voted To Give Them One Billion Taxpayer Dollars
She approved 8 of 8 bills that authorized taxpayer subsidies to corporations and developers
… taxpayer-funded government subsidies to private corporations while … question of approving corporate subsidies. Her eight “yes” votes authorized … authorizing a $253 million subsidy for electric car battery makers. … Jobs Fund,” which writes subsidy checks to scores of private …
$253,000,000. House Bill 5469. Give subsidies to electric car battery makers. … more
Ethanol Could Go on GOP Chopping Block
Top Michigan Republican has 'unique opportunity' to 'kill' subsidies
… should begin with energy subsidies; specifically for ethanol. … Policy and says that ethanol subsidies require a lot of water, fertilizer … ethanol) and give corn farmers subsidies.
"It is an extremely well-protected … position to end ethanol subsidies, or at least make it an issue. … believes ending some of these subsidies would show the American people … more
Cap the Film Incentives and Kill the Film Industry in Michigan? Not Yet
Film Industry Supporters Crying Wolf Over Governor's Plans for Film Subsidies
… one-upmanship with film subsidies.
Hohman said: “Obviously …
Firefighters or Mitch Albom's Movie Subsidy?
Hollywood Battles Michigan's … Transparency – Just say No?
State Subsidies for Hollywood Dying in Iowa … discusses Michigan’s film subsidies
Film Subsidy Secrecy May Be Ending
Michael … more
Michigan May Send Film Credits to the Cutting Room Floor
Bill looks to end subsidies, $500 million and no job gains later
… appropriated for film production subsidies in the current year. The … from the film production subsidies was issued in response to … Bill 4122 to end the film subsidies. The Michigan Chamber of … (MEDC) reported this costly subsidy failed in 2013 to create one … credits, and industry-specific subsidies and tax breaks in general, … more
Déjà vu: Michigan going all-in on taxpayer-subsidized battery plants
State battery subsidies have been an enormous bust so far
… even billion in taxpayer subsidies.
The above could certainly … failure. Despite its deep state subsidies, Michigan’s battery ventures … Johnson Controls-Saft. These subsidies helped land investments and … billion in state and federal subsidies, with predictions they would … unlikely that government subsidies will do much to change those … more
Fiat Chrysler And Ford To Get $131M From Michigan Taxpayers; Earned $26.4 Billion Last Three Years
That subsidy program expired in 2019, but GOP lawmaker trying to bring it back
… For Michigan.
Those were among the largest subsidies granted under Good Jobs For Michigan, because … 2018 found evidence that companies receiving subsidies from the state of Michigan created no more jobs … mortgage company rejected a $2 million state subsidy offer for moving its company to Pontiac in 2018, … more
Michigan Utility Customers Subsidizing High-End Electric Cars
State’s big utilities giving subsidies for plug-in charging stations
… initiative pays EV owners $400 subsidies to install car chargers at … to cover the cost of the subsidies with a portion of the bills … businesses there are receiving subsidies for eight charging stations. … persons are getting charger subsidies, the median household income … there are getting charger subsidies.
“It’s reverse Robin Hood: … more
What’s Old is New Again: Another Subsidy Program Being Considered by Legislature
Good for politicians and well-connected businesses, bad for Michigan
… anniversary of a failed corporate subsidy program known as MEGA, or … corporations in the state, multiyear subsidy deals that cost Michigan taxpayers … it with a budgeted direct subsidy program. The MEGA program … such selective corporate subsidy programs, it is designed to … would have occurred sans subsidies.
MEGA also demanded this … more
Company Turns Down Taxpayer Subsidies
Most jobs are created without state support
… office building in Pontiac without government subsidies. The company was approved to receive funding … state support is rare, creating jobs without subsidies is not. Most job creation goes on without political … approach. United Shore didn’t need taxpayer subsidies to thrive and neither does the state economy. … more
The Whitmer agenda is a sop to the rich
Governor proposes EV subsidies that would benefit the well-off
… government gives these electric car buyers a subsidy of $7,500 per vehicle. Whitmer proposes that state … $2,000 on top of that. That’s nearly $10,000 in subsidies for almost exclusively well-to-do families. Whitmer … be relatively well-off retirees.
Corporate subsidies: In one month, the new Democratic-led Legislature … more
Granholm Predicted 62,000 Michigan Battery Jobs — There's Less Than 1,800
She made big boasts on electric vehicle subsidy deals
… radios and flashlights.
In September 2010, Granholm set the bar much higher when she predicted the number of jobs that would flow from the many subsidies she authorized for battery makers. In a conversation with the one of those company’s CEO, LG Chem’s Peter Kim, she said the following:
“During our … more
Michigan lawmakers neglect the dark side of solar
Low reliability and high subsidies challenge the claim that solar is sustainable
… policies at both the federal and state level heavily favor wind and solar over fossil fuel and nuclear plants.
The growth of solar has been powered by subsidies on the one hand and regulatory pressure on the other. Even so, adoption has been slow.
According to the Energy Information Administration, solar … more
Plenty of Good Reasons to Oppose Business Subsidies
Giving taxpayer dollars to developers is ineffective
… that would give some developers and business owners more taxpayer-funded subsidies.
Gilbert defended his position in the Detroit Free Press:
He noted that … when it comes creating wealth and employment in the city. But business subsidies are not a good idea in principle or in practice. more
Failed Company Skipped On $2.1 Million State Loan, Wants More
Michigan corporate subsidy officials support extended benefits for firm’s successor
… Economic Development Corporation. The MEDC, which runs the state’s business subsidy programs, was owed about $2.15 million from RNFL Acquisitions when the … handouts. It is also emblematic of what’s wrong with government business subsidies in the first place, he said.
MEDC “thinks they can pick winners and losers. … more
State’s '21st Century Jobs Fund' Spent $100 Million For Just 1,052 Jobs
‘…You’re going to be blown away’ promised previous governor about these subsidies
The state’s 21st Century Investment Fund (CIF) has spent nearly $100 million on various types of subsidies and other forms of involvement in businesses since 2006, yet only 1,052 jobs have been created or retained because of it, according to the fund’s 2015 report. In addition, some investment groups … more
Jobs Department’s Fake News: $10 Tax return for Every $1 in Subsidies
Program lacks transparency, too
… have been created without subsidies. Evidence suggests almost … is, for every dollar in subsidies distributed by the state, … consultant about its film subsidy program. The consultant used … its Pure Michigan tourism subsidy program. It hires a consultant … 2017. The total value of the subsidies approved (but not necessarily … more
Dr. Jim Hines Talks State Government
‘If renewable energies are so good ... then why not get rid of the subsidies and the mandates?’
… 1905, and you asked for a subsidy for your business, and not … solar panels. So we had a subsidy, and the individual that purchased … then why not get rid of the subsidies and the mandates?
CARTER: … proponent for getting rid of subsidies, getting rid of mandates, … Michigan, a number of those subsidies are set at the federal level. … more
State Agency Approves Subsidy Deals Despite Repeated Shortcomings
… the only company to fall short of job projections while receiving state subsidies.
Five green solar companies all failed to live up to the number of jobs … approved for more than $140 million in tax credits, tax breaks and other subsidies before filing for bankruptcy in 2012.
Hyundai officials said the automaker … more
Are Michigan’s corporate giveaways masking the state’s real problem?
Why do Michigan’s biggest companies require state subsidies to expand here?
… attracting business, such as rolling back regulations or having a lower tax burden.
Time and again, Michigan’s biggest companies require state subsidies to expand in Michigan. For lawmakers and taxpayers and observers the question has to be, why?
Do these companies need special arrangements because … more
Lone Democrat Votes Against Party Line on Film Subsidies
… Michigan House voted to repeal a film producer subsidy program created in 2008 by former Gov. Jennifer … welfare.”
ForTheRecord says: Since 2008 the film subsidy program has given some $500 million in tax breaks and direct cash subsidies to film producers, entirely paid for by Michigan … more
The Irony of Michigan's Film Incentive Program
A documentary criticizing subsidies gets them while another praising the program does not
How Michigan Can Fix The Roads Without Tax Hikes
Redirect revenue growth and corporate subsidies to roads, eliminate optional grants and more
New Business Subsidies Authorized in Michigan
Lawmakers overwhelmingly supported corporate welfare
… approval of new business subsidies. A last-minute spending bill … that tallies the business subsidies authorized by every Michigan … legislator interest in business subsidies. The bill passed 84-23 in … for additional business subsidies, but this vote doesn’t authorize … budget in order to grant new subsidies. The bill passed 30-8 in … more
Why Politicians Love Film Subsidies
Sen. Stabenow to appear in Batman v. Superman
How do you get politicians to approve of spending $500 million on a film subsidy that pledged to create jobs but ends up with fewer jobs than it did before taxpayers coughed up half a billion?
ForTheRecord says: Easy. You put them in a movie with Ben Affleck. more
Why Film Subsidies Must Go
Independent studies show Hollywood corporate welfare a bust
… would yield a clear conclusion: Film subsidies have to go.
Researchers across … studio in Pontiac.
Michigan's film subsidy is the purest form of direct subsidies for the rich — literally a check … government to milk taxpayers.
Film subsidies were approved by a combined 145-1 … more
Film Incentives Clearly Hurt
Studies show a lack of positive economic impact
Neal Rubin laments the elimination of Michigan’s film incentive at The Detroit News. But he paints a false picture of the scholarship on this subsidy.
The incentives work — 37 other states currently have them — but at a cost. What cost, and what value, depends on who’s crunching the numbers.
There … more
Michigan’s $630M Ford subsidy is no guarantee of new jobs
The last time Michigan gave Ford money to hire 3,000 workers, it promptly laid off another 3,000
… of bringing in new jobs and growing the Michigan economy.
Giving Ford subsidies is no guarantee of job growth, however. Last year, Ford received $100 … population, and new jobs could help with this problem. But a constant flow of subsidies to Michigan’s biggest companies is unsustainable.
This is wasteful government … more
Michigan Paying $860 Million In Select Tax Incentives, Subsidies
Favored businesses get preferences
…
Michigan has set aside the $860 million to pay subsidies the state agreed to mostly when former Gov. Jennifer … largely in the form of select tax incentives.
The subsidies and grants also come from state programs such …
See also:
CapCon Coverage of Michigan's Select Subsidy Programs
Commentary: There Is No Good Reason … more
Another Film Subsidy Failure
Michigan 3D media company, Speedshape, paid by taxpayers to help make Spy Kids 4, owes taxes and rent
… Michigan yet still received film subsidies.
"You should [at least] have to …
See also:
Five Reasons Government Subsidies For Films Are A Bad Idea
Hollywood … Michigan Taxpayer
Michigan Film Subsidy Winner Costs 10x More to Make Than … to Continue 'Big Hollywood' Film Subsidy
Box Office Bombs: Made In Michig … more
Legislature Considers Reopening a Closed Business Subsidy Program
Good Jobs For Michigan is a repackaged MEGA
… that would give more taxpayer dollars to select businesses. The package contains bills with similar language to that of the state’s old business subsidy program, the Michigan Economic Growth Authority. The state stopped awarding new deals for that program in 2012.
The new package, which supporters … more
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