Economic Development

End of an Error

State's corporate welfare "authority" closing Jan. 1. … more

No State Favors For Fastest Growing Companies

No state corporate welfare went to these fastest growers. … more

Another MEGA Loser

In the latest government economic development failure in Michigan, Evergreen Solar files for bankruptcy. … more

Good, Bad and Ugly of Gov. Snyder's Budget

Gov. Rick Snyder’s first budget fell short of the “atomic bomb” promised by Lt. Gov. Brian Calley, in part due to the fact that a megaton of further spending and tax cuts were left on the table. Overall, the budget moves the state in a positive direction with greater tax simplicity, more transparency, less corporate welfare and fewer discriminatory tax policies.  … more

Gov. Snyder to Break Michigan's MEGA Habit

Although details are not yet clear, according to early reports Gov. Rick Snyder’s proposed Michigan Business Tax replacement appears to be good news for advocates of sound economic policy. … more

GlobalWatt Sells Someone Else’s Solar Panels – on eBay

Just in time to brighten the holidays, GlobalWatt, a Saginaw-based solar panel manufacturer, is selling five solar panels on the popular auction website, eBay. But GlobalWatt did not make the panels. A company in India did. … more

GlobalWatt Finds Colorado Partner

A Saginaw company under fire for problems associated with its application for tax subsidies in Michigan says it will partner with a Colorado company on a solar module project, according to WJRT-TV 12 in Flint. … more

Lack of Transparency at MEDC, MEGA

The Washington Examiner and San Jose Mercury News both recently cited Mike LaFaive, director of the Morey Fiscal Policy Initiative, about the need for transparency within government-run economic development programs. … more

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