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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, … ~~~~~ 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