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Gov. Whitmer Falsely Claims Corporate Handouts Helped Develop the Pfizer Vaccine

Corporate welfare programs are ineffective

… Pfizer's vaccine work to justify unrelated corporate welfare,” said Michael LaFaive, senior director of … “It is not uncommon for politicians pushing corporate handouts to engage in aggrandizing puffery or … program allows a state board to select major corporate projects to receive special tax incentives. If …

Center Research Cited in Daily Caller

Corporate welfare continues to grow

… Policy James Hohman, is featured in a story by The Daily Caller about corporate welfare. You can read more about the Center’s work on corporate welfare here.

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.

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 …

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 …

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 …

Mackinac Center Stands Behind Interstate Compact

New legislation to eliminate corporate welfare would be beneficial

… Disarmament: A State Compact to End Corporate Welfare.” States should compete with … long been a proponent of ending corporate welfare programs. In 2019, the Center … Disarmament: A State Compact to End Corporate Welfare.” The study examined the problems with corporate welfare and proposed a state compact. …

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 …

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 …

35 Years of Excuses for Bad Policy

Lawmakers should agree to stop offering corporate welfare

… comments made by supporters of corporate handouts about how they need … between the states over corporate handouts. States could give … the comments in support of corporate handouts dating back to 1985: … a very heated fight for corporate headquarters. In the world … created the appearance of ‘corporate pay-to-play.’ ‘I question …

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 …

Proposed Legislation Would Have Workers Pay Their Bosses

Politicians should learn from previous corporate welfare blunders

… Their latest gambit is a corporate handout bill that would allow … Economic Growth Authority corporate welfare program. Scholarly research … sold as a way to lure a big corporate location from outside the … estimates that 75% to 98% of corporate decisions on relocation, … creative spin doctoring. Corporate subsidy programs are terribly …

Proposed Legislation Would Have Workers Pay Their Bosses

Politicians should learn from previous corporate welfare blunders

… latest gambit is another corporate handout bill that would allow … Economic Growth Authority corporate welfare program. Scholarly research … sold as a way to lure a big corporate location from outside the … estimates that 75% to 98% of corporate decisions on relocation, … creative spin doctoring. Corporate subsidy programs are terribly …

Voting Against Subsidies Isn't Killing Jobs

Some politicians put too much faith in corporate welfare

… campaign ad from U.S. Rep. Elissa Slotkin criticizes her opponent Tom Barrett, a state senator from Potterville, for voting against a $1 billion corporate welfare slush fund. “Thousands of jobs, gone,” is what she assumes would happen without the subsidies. She’s putting too much faith in this kind of favoritism, …

Diverting Money from Schools, Roads, and Public Safety to Perpetuate Corporate Welfare

Tax capture bills aim to cycle revenues back to corporate welfare

… public safety – and toward more special deals for large corporations – for decades. It fails to resolve concerns about refilling resources for corporate welfare because the current generation of state legislators will still have to pay for future incentives from the state’s General Fund. Under the SOAR …

Lopez on Fox Business

Corporate welfare for movies unfair to taxpayers

… managing editor of Michigan Capitol Confidential, was a guest on “Money With Melissa Francis” on Fox Business this afternoon, explaining why corporate welfare for film makers is unfair to the taxpayers from whom the money is taken. You can read more about Michigan’s film subsidies here.

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 …

Lehman Discusses Legislative Priorities

Cut corporate welfare, fix roads

… Legislature to look at that list and see if there’s anything on the list that is less important than roads,” Lehman said. “There’s a lot of corporate welfare on that list that can be cut.” Lehman also touched on government transparency and bringing government employee benefits in line with what is …

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 …

MEGA 2 Hearing Demonstrates Desperation

New corporate welfare proposal gets hard sell in tax committee

… lawmakers referred to corporate welfare as a needed “tool” (or … 14. In this instance, corporate welfare means unelected bureaucrats … hard to distance this corporate welfare proposal from MEGA. … shoulders of MEGA and other corporate welfare boondoggles across the … Lansing: proponents of corporate welfare dismissing criticism …

October 31, 2014, MichiganVotes Weekly Report

Tea Party? Occupy Wall Street? Corporate Welfare

… House Bill 4782, Expand a corporate/developer subsidy regime: … House Bill 4783, Expand a corporate/developer subsidy regime … House Bill 4782, Expand a corporate/developer subsidy regime: … Senate Bill 272, Authorize corporate and developer “port facility” … permanent $75 million in annual corporate subsidy spending: Passed …

New Evidence Confirms Corporate Handout Shortcomings

Michigan should eliminate its corporate welfare complex

… incentives to specific companies as a way of increasing employment. Given this record of failure, the state of Michigan should eliminate its corporate welfare complex. It should instead put any savings into higher priorities for development. These could include better and newer road infrastructure or …

How to Put an End to Corporate Welfare

States can join together in compact to stop corporate handouts

… commonly referred to as corporate welfare, has proven time and … State Compact to End Corporate Welfare,” a study published today … can join together to end corporate handouts once and for all. … pinpoint exactly what corporate welfare is. This study takes … most common types of corporate welfare are also identified, …

Mackinac Center Director of Research to Debate Lansing Mayor on Economic Development

Panelists Will Discuss the Current Political Realities and Ideology of Corporate Welfare

… favors to special interests. Michigan’s main corporate welfare arm, the Michigan Economic Development Corporation, … budget. One of the most egregious examples of corporate welfare was the state’s film subsidy program, which … against targeted tax breaks and other forms of corporate welfare is simple,” Van Beek said. “They’re unfair, …

The realpolitik of state business subsidies

Public loses when politicians and big companies win

… out of deals if they feel like it. But there are no political benefits from withholding money. People ought to recognize that the benefits of corporate welfare go to politicians and big businesses, not to the public. If they did, politicians would be more likely to reject requests for favors.

Beckmann Cites CapCon on Film Incentives

Host, state senator discuss Hollywood corporate welfare

… WJR-AM760 show Friday cited Michigan Capitol Confidential while interviewing Sen. John Moolenaar, R-Midland, about the Senate’s vote to extend corporate welfare for film makers. Sen. Moolenaar was one of four senators to vote against the measure. Beckmann mentioned that CapCon had reported some $500 …

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 …

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. …

Michigan lawmakers fail to turn business subsidies into job growth

Corporate welfare projects do not correlate with employment recovery

… Whitmer boasted of the special deals when she made her State of the State address. Shortly after, lawmakers added even more money to the state’s corporate welfare fund. But the states that have recovered the most didn’t get there by making the most deals. They recovered because they have the most favorable …

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 …

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 …

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 …

Why the State Should Stop Subsidizing Select Businesses

Corporate handouts are unfair, ineffective and expensive

… compact. People of all political persuasions ought to be uncomfortable with taking money from taxpayers and handing it out to select businesses. These corporate handouts fail to grow the economy, provide unfair advantages in the competition among firms and cost taxpayers too much.

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 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 …

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 …