In light of COVID-19, what do families need to know to make informed decisions about homeschooling, virtual schooling and other unconventional options? What will this disruption mean for Michigan’s K-12 education landscape? Join us at 11 am EDT / 8 am PDT. Opening remarks will be made by Joseph Lehman, president of the Mackinac Center, and featured speakers will be Leanne Van Beek, a practicing homeschooler and consultant, Deana Garcia, mother of a student at a virtual high school and Ben DeGrow, the Mackinac Center’s director of education policy.
New analysis finds state offered nearly $600,000 per job created
This study analyzing the impact of several major economic development programs run by the state of Michigan dating back to 1983. The authors use the National Establishment Time Series database to track the performance of firms that were offered some form of fiscal incentive from the state. It compares those firms' job growth to those of similar firms that were not offered incentives.
This analysis finds that only three of the nine programs studied had a statistically significant positive impact on job growth for firms that were offered incentives, but this job growth came at a significant cost: on average, the state offered nearly $600,000 worth of incentives for every job created.
Higher taxes invite problems such as smuggling
Congress should be wary of the possible adverse effects of extending the bonus
