84 Companies Offered $63.8 Million Michigan Taxpayer Dollars In 2016

Yet Gov. Snyder says he doesn't believe in 'buying companies into our states'

Gov. Rick Snyder

Taiwanese company Foxconn chose Wisconsin over Michigan and will collect $3 billion in cash subsidies and tax breaks from Badger State taxpayers over 15 years.

Reuters news service mentioned Michigan’s response.

Republican Gov. Rick Snyder told WJR radio: “You have to ask what price is Wisconsin paying to get them to come there? I don’t believe in buying companies into our states.”

ForTheRecord says: In 2016, the Michigan Economic Development Corporation approved giving $63.8 million state taxpayer dollars to 84 companies that promised to create 9,517 jobs. The giveaways were authorized by a "Michigan Business Development Program" Gov. Snyder proposed and the Legislature enacted in 2011.

Stay Engaged

Simply enter your email below to receive our weekly email:


Detroit Prep is a top-rated and economically and racially diverse charter school in the city. It's growth means it needs to move out from a church basement and into a new location. Nearby is a former Detroit Public Schools building, sitting empty for years. But, worried about competition, the public school district refused to sell. For years, district and local government officials in Detroit had worked to block public charter schools. They pushed legislation at the Michigan Capitol to hinder them, refused to sell to them, transferred surplus buildings from the district to the city government and imposed deed restrictions on property sales to private developers. All of it was aimed to hinder or even prevent charter school choice outside the confines of the Detroit school district.

Related Sites