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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

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

Pure Flummery: Seeing Double on Corporate Welfare Spin

Pure Michigan ads are attractive corporate welfare

… Michigan ads may be, they amount to pure corporate welfare for the travel and leisure industry. This … agency to justify continued spending on a corporate welfare program that’s a major component of their … that of the industry benefiting from this corporate welfare. The events described in this series make … more

From Here to Eternity?

Motion Picture Association of America letter wants permanent corporate welfare for movies

… Entertainment, NBC Universal, Walt Disney Studios and Warner Brothers. The letter takes some chutzpah. Billion-dollar companies demanding select corporate welfare from state taxpayers. As Mackinac Center for Public Policy analysts have written previously, the economic analysis of these programs is nearly … more

More Insights from Mackinac Center’s Corporate Welfare Scorecard

New leadership brings hope for cutting corporate handouts

… the Mackinac Center’s 2018 corporate handout scorecard. The scorecard … favor of or against corporate welfare subsidies in the Great … the vast majority of corporate welfare subsidies that came before … the Mackinac Center’s corporate welfare scorecard, having voted … scorecard voted against all corporate welfare. As chair of the appropriations … more

Michigan's Job Loss Apocalypse Averted!

No thanks to the 'Department of Corporate Welfare.'

… Among other lessons, job-churn figures expose the absurdity of state corporate welfare schemes granting tax breaks and subsidies to a handful of politically-favored … more attractive to all employers, not just a select few. Government corporate welfare schemes are not an “economic development” program that benefits the … more

Extension of Mislabeled Good Jobs for Michigan Program Would Be Added to the Business Subsidy Scorecard

Corporate handouts continue to be ineffective

Corporate handouts are ineffective, unfair and also transfer money from taxpayers to wealthy business owners. But they get also strong bipartisan support. They are also the subject of a scorecard the Mackinac Center compiles, which shows how state politicians vote on business subsidies and how much … more

Michigan Crushes Korea in Corporate Welfare Handouts

Nearly $9 billion in crony-capitalism subsidies

… subsidy-granting officials managed to approve nearly $9 billion in subsidies to corporate interests, including the Big 3 automakers. Granted, the money redistributed … the amount of taxes they owe. And this was just one of scores of corporate welfare giveaways approved by this state’s Legislature in the last decade. … more

Pressure Mounting For MEDC Transparency

House Democrats call for scrutiny of corporate welfare programs; accountability for tax dollars

… not these programs, which are corporate welfare, have performed effectively," … votes where he opposed expanding various corporate and developer subsidy schemes. … Bipartisan Disaster: Michigan 'Corporate Welfare' Program Rolls On The State … Creates One-Third of Projected Jobs Corporate Subsidy Program Lives On Despite … more

Media Plays Catch Up to CapCon Again

Finally covering corporate welfare failure 15 months later

… story Michigan Capitol Confidential reported 15 months ago. The Detroit Free Press and MLive, among others, are reporting that recipients of corporate welfare have come up short of expected job creation numbers and an audit found that the agencies doling out the money did not accurately keep tabs on … more

No Need for Veto Work, but if the Governor Insists...

Gov. Whitmer can look at cutting corporate welfare programs

… Strategic Fund budget. The corporate welfare programs run by the state are … dollars available in wasted corporate welfare money that could be redeployed. … $261 million — to reform the corporate welfare budget. The legislature trimmed … to veto items in the state’s corporate welfare budget. more

Hey, Hey, Ho, Ho, Corporate Welfare's Got to Go

… difficulties, given that many of the corporate recipients of this taxpayer … opinion on bailouts and corporate welfare, some may wonder why … tax code to hand out corporate welfare loot (often in the form … oppose bailouts and corporate welfare!” The tea partiers meant … honestly say the new corporate welfare regime represents an … more

MEDC Programs Consistently Fall Short of Initial Claims

Michigan's 'corporate welfare' arm perpetually exaggerates its numbers

… of the way.” ~~~~~ See also: A Bipartisan Disaster: Michigan 'Corporate Welfare' Program Rolls On The State as Venture Capitalist: Michigan Fund … State Program Awards $67 Million, Creates One-Third of Projected Jobs Corporate Subsidy Program Lives On Despite Lackluster Results Select Tax Breaks … more

State 'Super' Sizes Movie with Subsidy

Hollywood getting more corporate welfare from your pockets

… a colossal waste and might be better spent — along with all other corporate welfare money — improving roads or schools or just letting taxpayers keep … the money dedicated to reviewing applications and doling out the corporate welfare isn't free. That money, and the government workers it supports, would … more

Déjà Vu All Over Again For Auditor General Report On Select Subsidy Programs

Despite failures, taxpayer funded corporate welfare continues

… Consistently Fall Short of Initial Claims A Bipartisan Disaster: Michigan 'Corporate Welfare' Program Rolls On The State as Venture Capitalist: Michigan Fund … State Program Awards $67 Million, Creates One-Third of Projected Jobs Corporate Subsidy Program Lives On Despite Lackluster Results Select Tax Breaks … more

State of Michigan Granted $3 Billion in Special Tax Credits to Big 3 Automakers

Analysis puts Michigan among the highest in corporate welfare

… helped make this state among the biggest corporate welfare providers in the country, according to a … Snyder To Break Michigan's MEGA Habit Trim Corporate Welfare To $0 MEDC Programs Consistently Fall Short … Claims A Bipartisan Disaster: Michigan 'Corporate Welfare' Program Rolls On more

Michigan Treasury Erroneously Sent Out a $14.5 Million Check

Company's corporate subsidy check was doubled

… of Treasury erroneously sent a $14.5 million check to a company in 2016. The money was almost certainly part of the $672.8 million in secret corporate welfare checks the state expects to send to favored businesses in the current fiscal year. In this instance, the Treasury Department doubled what the … more

Democrat Told Occupiers 'Too Much Corporate Politics’; Votes for More in 2017

Not one Dem opposed this year's big corporate handout bills

… event in Lansing: “I think in general the message that Occupy Lansing has is very good. We do have to realize that our politics has way too much corporate interest in it.” ForTheRecord Says: That was then, this is now. Here’s how MichiganVotes.org summarized Senate Bill 111, with the tagline, “Transfer … more

Whitmer seeks ongoing $500M per year for corporate welfare fund

Budget director: SOAR incentive fund would be filled from corporate income tax collections above $1.3 billion

… but its history is one of failure Whitmer’s plan would fund SOAR from corporate income tax revenues, according to budget documents. The funds would come from corporate tax collections the exceed $1.3 billion per year. Smaller sums would be … more

Partisan Left’s Corporate Welfare Position Depends on Which Party Holds Office

Eclectablog changes its mind about select corporate favors

… billion of liabilities racked up by past corporate welfare deals, most of which were created during … Washtenaw County Democratic Party, called some corporate welfare handouts “investments,” which were worthy … have repeatedly voted to sustain and expand corporate welfare programs. Insincere partisan blame games … more

House Members Right to Be Skeptical of Server Farm Favors

Hard to kick the corporate welfare habit

… These particular favors are unfair to other taxpayers, but at least they will not burden taxpayers for cash handouts, as is the case with other corporate welfare programs. If the Pyramid developers land this deal, residents’ best hope is that exemptions are as far as it goes.  more

Michigan House Wise to Shift Corporate Welfare Spending to Roads

Programs shown to be ineffective and wasteful

… policies — otherwise known as corporate welfare — are ineffective at achieving … department like the MEDC encourages corporate rent-seeking, it may actually limit … moving state tax dollars out of corporate welfare and into road repairs. The Senate … brochures and anecdotes —­ that corporate welfare programs are a more effective … more

Union Official Criticizes Corporate Handouts But Endorses Business Subsidy Champion

Former GM employee and UAW official has favored giveaways to ‘corporate special interests’

… e talking point “wealthy corporate special interests” has been … rules in favor of wealthy corporate special interests,” AFL-CIO … biggest benefactors of corporate welfare – General Motors. According … large beneficiary of the corporate handouts Whitmer has supported. … has received a dozen corporate welfare deals that authorized … more

Corporate Welfare to Increase $20M

Corporate welfare, business subsidies and other handouts will increase $20 million, to $195 million, in Gov. Rick Snyder’s proposed 2013 budget, according to MLive.com, causing concern for one Mackinac Center analyst. “I hope that the governor doesn’t scale these programs up year after year as we’ve … more

State Corporate Welfare Didn't Work For Greenville

Centerpiece of previous governor’s economic policy, has also been favored by current candidates

As Michigan’s gubernatorial election approaches, corporate welfare may be among the campaign issues. Both major party candidates have past voting records … example Granholm cited in that video shows how ineffective state corporate welfare policy was for the city of Greenville, in what turned out to be a … more

State Senator Tries to Fine-Tune Corporate Welfare

Nate Shannon has approved more than $1 billion in subsidies, but now aims to punish ‘greedy corporations’

… votes, he approved $1.033 billion in business subsidies through 2021. The Michigan Economic Development Corporation, the state agency in charge of corporate subsidies, announced April 26 that it was subsidizing a private project in Warren that could create 600 jobs. Shannon put out a press release the … more

Update your memes: Michigan Democrats have embraced corporate welfare

Progress Michigan meme misses the reality in 2023: In Democrat-run Lansing, corporate welfare is as popular as ever

… organization fails to mention is that Democratic leaders have prioritized corporate welfare during their first month of control in Lansing. The Democratic trifecta … spending in Senate Bill 7. The bill, which includes $450 million in corporate welfare, was passed without hearings or testimony before being sent to Gov. … more

Potential Corporate Welfare Binge Risks Second Michigan ‘Lost Decade’

Gov. Rick Snyder scaled back the giveaways in 2011

… 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

22 Of 498 Michigan Legislators Said 'No' To Corporate Welfare Since 2001

Freshman Rep. Steven Johnson was three-for-three with his 'no' votes

… major developer in downtown Detroit. Johnson submitted his stance on corporate welfare in a statement to Michigan Capitol Confidential: “I would be happy … everybody else. For these and many other reasons, I am opposed to corporate welfare and would like to see a level playing field for all.” more

‘But For’ Can’t Be Proved: Corporate Welfare is a Waste

New MEGA not costless, despite assurances

… We have dubbed the proposed legislation “New MEGA” for the similarities it has with the original MEGA law. The fact is apologists for these corporate welfare programs can’t prove a business moves to or expands in Michigan because of these incentives. They just rely on the assurances of executives in … more

‘Economic Development’ Week Skips the ‘Development’ Part

Corporate welfare claims are grand, but the results are practically nonexistent

… park. Short never received that tax credit award from the state’s corporate welfare agency, the Michigan Economic Development Corporation. Gov. Gretchen … senators voted on bills authorizing some $6 billion of this amount. Corporate welfare in Michigan usually follows a predictable pattern: There is a press … more

Bill Grants Big Businesses Power to Raise Taxes in 'Business Improvement Zones'

State Rep: 'Corporate welfare is a bipartisan issue'

… passed with bipartisan majorities, which didn't surprise Rep. Irwin. "Corporate welfare is a bipartisan issue," he said. Senate Bill 257 passed Sept. 18 … Taxpayer Debt For University Construction Senate Bill Aims To Bolster Corporate Welfare Proposed: Lie Detector Tester Licensure Repeal; New Licensing For … more

Budget Reforms: In Praise of Cuts to Corporate Welfare

Tax increases aren't the only way to find funding

… years involves Michigan’s corporate-handout industrial complex. … part of the budget for corporate welfare, for it subsidizes the … to shift money away from corporate and industry handouts to … Senate that cuts to corporate welfare can and should be made … Questionable Merit” “State Corporate Welfare Agency Picks Winners … more

Michigan Corporate Welfare’s Secret Giveaway: $1 Billion in 2016

State refuses to disclose how much each company gets

… is a huge transfer of taxpayer resources to favored interests. Compare the amount to the $1.1 billion the state expects to collect this year in corporate income tax revenue. Nearly all the business tax money collected this year from thousands of companies both large and small will be doled out to a … more

Defund Corporate Welfare Agency for Better Public Health

Higher taxes won't be as effective at eliminating smoking habits

… did the biggest single chunk of the money go? Corporate handouts. Each year since 2008, Lansing politicians … instead of kids could somehow be justified if the corporate subsidy programs funded by it were actually effective. … It's time to eliminate demonstrably failed corporate welfare spending and dedicate it to higher priorities … more

Whitmer ‘Tired Of ... Corporate Tax Giveaways’ But Voted For Dozens

Don’t tell progressives, but Dem legislators are among corporate welfare's best friends in Lansing

… it comes to her position on corporate welfare. The candidate debuted a new … fought against Gov. Rick Snyder’s “corporate tax giveaways.” “Because I’m tired … agency in charge of Michigan’s corporate welfare programs. MiBiz.com also reported … campaign asking for her stance on corporate welfare. But her voting history shows … more

Ghosts Of Corporate Welfare Past To Suck $7.6 Billion From State Budget

Granholm administration economic development giveaways dumped multi-decade liability on taxpayers

… development deals with companies in what appears to have been a binge of corporate welfare handouts. Some $2.4 billion dollars were promised to companies in … program was discontinued in 2011, but the financial impact of its corporate welfare deals will fall on state budgets for decades. While the actual numbers … more

Think corporate welfare isn’t a waste? Read these studies

Research continues to demonstrate the ineffectiveness of these programs

… old “economic development” programs. State and local governments run corporate handout programs in the name of creating jobs and wealth, but researchers … lawmakers look back at the mountain of evidence demonstrating that their corporate welfare programs don’t work, cut them out and redirect any savings to more … more

Two Democrats Join Republicans at Top of Tea Party Scorecard

Ratings shows bipartisanship on issues like fee increases, corporate welfare

… pension issues and [select corporate subsidies]." The most recent … focuses on areas like corporate welfare, education choice, pension … anything," Hamman said. "Corporate welfare like the movie and green … start. Unfortunately corporate welfare is probably the best … scorecard focused on corporate welfare, and the scores are consistently … more

Michigan's Corporate Welfare Programs Are a Bad Investment

Resources expended for these programs would be better spent on higher priorities

… an expensive and wasteful enterprise. To explore the potential that corporate handout programs have to create jobs, we used two specialized and powerful … created during the John Engler administration. It stopped handing out corporate favors in 2011, though state taxpayers are still on the hook for payouts … more

Gubernatorial Candidates In Glass Houses On Corporate Handouts

AFL-CIO chief denounces Republican candidate for favoring corporations, but Democratic candidate gave away far more

… Lyons for favoring “wealthy corporate special interests” may need … rules in favor of wealthy corporate special interests. Lisa Lyons … state taxpayer dollars to corporate interests. Whitmer opposed … Posthumus Lyons said “no” to corporate handouts though. Although … “scoreable” votes. Many more corporate welfare bills were voted on during … more

Giving Taxpayer Dollars to Some Corporations A Lucrative Business For These Nonprofits

The MEDC, the state’s corporate welfare agency, has local partners

… Spark is transitioning from corporate welfare to CEO welfare,” Nakagiri said, referring to the … using taxpayer dollars to fund corporate welfare. Government should not be in … agency that cooperates with local corporate subsidy agencies by helping steer … more

MEGA Mistake: Big Corporate Welfare Program Still a Waste

State economic development incentives often don’t result in much development.

The Mackinac Center has recently released a comprehensive study of state economic development incentives that found that corporate handouts did create employment at some recipient firms but at a huge cost of incentive offered per job created per year. One of nine major areas we analyzed was the Michigan … more

More from Taxpayers, But State Corporate Welfare Taking More Too

Income tax collections outpacing most recent projections

… health is still enduring the effects of corporate welfare deals cut during the administration of former … that it will have to pay out $1 billion in corporate welfare in the form of Michigan Business Tax credits … business tax in 2011 and replaced it with a corporate income tax and a separate financial institutions … more

Dingell’s MEANS Act is corporate welfare at the global scale

Bill claims to promote domestic manufacturing. But nearly 70 countries would qualify for aid

… manufacturing would expand international corporate welfare to a large list of allies. Rep. Debbie Dingell, … Brazil. In essence, the bill would make corporate welfare global in scope. The Office of Manufacturing … and the supply chain. It’s about boosting corporate welfare. The bill is currently being considered … more

Budget Reform Ideas for 2015 and Beyond

… the state budget. Others include (but are not limited to) dollars for corporate and industry welfare such as the “Food and agriculture industry growth initiative” ($2 million); … more

A Bipartisan Disaster: Michigan 'Corporate Welfare' Program Rolls On

State's attempts at economic development costs plenty, returns little

… Development Corp. is the corporate welfare arm of state government. … story on this state's corporate welfare record. Here’s a sampling … One-Third of Projected Jobs" "Corporate Subsidy Program Lives On … interviews by agency staffers of corporate CEOs or promoters who received … relations tool. But corporate welfare schemes will always be … more

Michigan House Republicans Find $1 Billion More for Roads with No Big Tax Hike

Corporate welfare gets the ax while new revenue flows to transportation

… in 2019. Some $185 million would be generated by spending less on corporate welfare. Republicans would stop appropriating $75 million annually to the … flow into the "Michigan Strategic Fund" under which the state's various corporate subsidy programs are organized, and $50 million in annual subsidies to … more

Bring back the public benefit

If Whitmer is cutting our costs, why are we all paying more?

… public. Or police union contracts that keep police from basic accountability. Or budgets that grow faster than taxpayers’ ability to pay. Or the pork, corporate handouts and union favors already mentioned. People deserve better than a government that takes money from unfavored groups to hand out to favored … more

The missteps of the Michigan Legislature were many in 2023

Forced unionization, pork, and corporate welfare are the story of first half of the 102nd Legislature

… lawmakers in the first year of the 102nd Legislature. $4.1 billion in corporate welfare Michigan voters may be confused about Democrats’ relationship with … facilities and creating new jobs, and they authorize billions in corporate welfare to get those headlines. But it’s headlines that are being chased, … more

The good news and bad news in House Bill 4001

Tax cut survives, but spending package includes $1.65B in corporate welfare and handouts.

… The good news about House Bill 4001 is that the tax cut was preserved. The bad news is everything else. The bill includes $1.5 billion for corporate welfare, including the first installment of a $500 million ongoing source of revenue for the Strategic Outreach and Attraction Reserve, the SOAR Fund … more

MichiganVotes: Senate Bill Aims to Bolster Corporate Welfare

… aren't the only side effects of such corporate handouts. Companies that normally … core, unnecessary." Yet, such corporate welfare serves as the spark for the … Bipartisan Disaster: Michigan 'Corporate Welfare' Program Rolls On The State … Creates One-Third of Projected Jobs Corporate Subsidy Program Lives On Despite … more

Which Party Gives More In Taxpayer Funded Corporate Handouts?

The answer may surprise you

… over $16 billion worth of corporate subsidies that Michigan lawmakers … enjoying massive tax breaks and corporate giveaways, regular people … that Democrats support corporate welfare. “Democrats are not … have often supported corporate welfare,” Sanders said, according … “I do not believe in corporate welfare.” His opponent Hillary … more

Selective subsidies are a losing strategy for Michigan

Corporate welfare does not fuel high-growth states and is not the answer for Michigan

… grow the economy. But there is a difference between appearance and performance. In the ways that matter, Michigan continues to fall behind. Corporate welfare has three basic problems. First, it’s an ineffective way to create jobs. Second, it’s unfair to the businesses that don’t get handouts. Third, … more

Testimony: When Will Michigan Families Get Some Tax Relief Too?

Spending interests get theirs, corporate welfare recipients rolling in taxpayer dollars

… more. What did the state do with that extra $771 million? It’s a big number but still might have been swallowed by the $1 billion in secret corporate welfare checks this state wrote to special interests last year under MEGA subsidy deals approved in 2009. More income tax dollars were transferred under … more

Media Loves Corporate Welfare Stories, But Silent When Jobs Go Bust

'Amelia Earhart economics – disappears with no evidence of what happened'

… economics” to refer to state corporate welfare deals whose job projections … Mascoma was one of the many corporate welfare projects whose original projections … released between 2003 and 2010 on corporate welfare projects. The Michigan Economic … resources to keep tabs on all the corporate welfare projects, especially since the … more

The Corporate Welfare Lady Protests Too Much

Evidence shows subsidy efforts are ineffective

… sunset on a state program of corporate fiscal favors that proponents … swore that their new corporate welfare tool was not the failed … the past is prologue. Corporate welfare programs can be structured … Scholarly research into corporate welfare programs routinely demonstrates … than many other failed corporate welfare programs. It’s time to … more

Rep. Sam Singh Says He Opposes Corporate Giveaways; His Voting Record Says Otherwise

Out of dozens of votes, it’s hard to find the Democrat opposing favoritism for select companies

… Lansing is not a fan of corporate welfare. At least, that’s what … consider repealing some of the corporate tax breaks that the “Snyder … look” at the state’s corporate welfare flagship, the Michigan … his voting record on corporate welfare. But his history of overwhelming support for corporate welfare bills speaks for itself. … more

Bill Would Add Paid Members to State's Corporate Welfare Agency

Bill's sponsor says legislation likely to be changed

Michigan's corporate welfare infrastructure could soon find … body of the state's corporate welfare arm, the Michigan Economic … business concerns. "As corporate welfare becomes increasingly … veneer of legitimacy to corporate welfare would be like appointing … Bipartisan Disaster: Michigan Corporate Welfare Program Rolls On Corporate … more

2019 State Budget: Cut Corporate Welfare for Roads and Economic Growth

… recommendation: Eliminate the state’s corporate welfare regime. The Michigan Strategic … priorities by cutting spending on corporate welfare should start with Section 109 … agencies, it has contributed to larger corporate subsidy deals that were. The fund … trifecta by eliminating the state’s corporate welfare complex. Doing so would remove … more

Budget 2021: State of Corporate and Industry Handouts

Lawmakers should cut unnecessary and ineffective subsidy programs

… 2019, before the coronavirus pandemic, but it was mixed in the area of corporate and industrial handouts. Funding for them was down from the previous year, … feel like they can afford to send more to the state’s ineffective corporate welfare bureaucracy. While it hasn’t returned to prepandemic levels, the trend … more

Michigan’s Ineffective, Unfair and Expensive Corporate Handouts

The state should get out of the business of providing business favors

Michigan’s corporate handout programs are ineffective, unfair and expensive. Lawmakers should end them. … private benefits at the public’s expense. While corporate handouts won’t have a large impact on the economy, … another way, the state hands out one dollar in corporate handouts for every $33 it collects from taxpayers. … more

Michigan’s Corporate Subsidy Board Faces Tough Questioning

There’s a better way to help small business

The administrators of Michigan’s corporate 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 … more

Bill Would Require CEOs Get Drug Tested If Company Gets Loans, Grants Or Tax Credits From State

Bipartisan group of representatives would mandate substance abuse testing for 'corporate welfare' recipients

… McMillin is against testing welfare recipients for drugs, but … executives getting “corporate welfare” also should be drug … testing anyone who receives welfare. “I think it is an intrusion … we should do the other (corporate). It’s handouts from the … Hey, Hey, Ho, Ho, Corporate Welfare's Got to Go “…Funny Numbers … more

After getting $824M in state aid, GM to cut 900 jobs at Orion Assembly

GM CEO claimed investment would not have been possible, except for corporate welfare

… Assembly in January 2024. The company received roughly $824 million in corporate welfare from Michigan lawmakers less than two years ago, in January 2022. … said the Orion investment would not have been possible if not for corporate welfare. "These important investments would not have been possible without … more

Political Reasons, Not Economic Ones, Keep Corporate Welfare Agency Alive

'Transparency' sidesteps real issue (but still worth pursuing)

… Given the obstacles, the answer may be “probably not.” As Michigan’s corporate welfare arm, the agency spends the public’s money to entice businesses to … apparent conversion of former Gov. John Engler, who after first shunning corporate welfare schemes, reversed course and embraced them. Time and time again, the … more

Not Much Difference Between Current Corporate Handouts and Recliner Subsidies

Slouching towards subsidies

… strong bipartisan support. These corporate handouts are not that different … them. The academics who look into corporate handouts tend to be skeptical, and … program in 2015. Supporters of corporate handouts may also claim that other … someone comes to town arguing for a corporate handout. more

Tlaib Has Obscenities For Opponents, But Yea-Votes For Corporate Welfare

She approved $1.03 billion worth of corporate handouts but calls them a ‘power grab’ that hurts people

… that came before her to authorize more of them. Here’s what Michigan Capitol Confidential reported last month on Tlaib’s history of supporting “corporate greed”: Among the bills Tlaib approved was one authorizing a $253 million subsidy for electric car battery makers. Another one was for $228 million … more

Lansing Math: Michigan pays $340,000 per (promised) job at Gotion factory

New $175 million round of corporate welfare brings state’s tab for Mecosta County project to $800M

… Outreach and Attraction Reserve fund, which Michigan uses to grant corporate welfare, only a legislative transfer was required. Not a full vote of the … investment, the state takes no ownership share in the company. This is corporate welfare. James Hohman, the Mackinac Center’s director of fiscal policy, noted … more

Does ‘True Success’ for Michigan Business Mean Government Handouts?

Step 1: Sen. Debbie Stabenow introduces you to state corporate welfare agency

… indeed filled with small businesses that are success stories. But hardly any of them begin with a politician introducing an entrepreneur to a corporate welfare agency. In the case of the particular handout program involved in this grant, just 73 companies benefited in 2016. According to one very broad … more