The state’s flagship corporate welfare scheme — the Michigan Economic Growth Authority — will end Jan. 1, according to The Flint Journal.

“It created job announcements but no jobs,” Michael LaFaive, director of the Center’s Morey Fiscal Policy Initiative, told The Journal. “That’s the only way to facilitate ribbon-cutting ceremonies.

Michigan’s film subsidy program is also being reduced.

Stay Engaged

Receive our weekly emails!

“These are effectively job announcement programs for the beautiful people so the political elite can take credit for bringing Hollywood elite to their state,” LaFaive said. “This doesn’t create jobs, just pretty stories.”

LaFaive has overseen two in-depth studies that detailed the failure of MEGA, which you can read here and here. You can read his analysis of the film subsidies here.


Related Articles:

Michigan Incentive Policies Fooled by Job Turnover

Tax Cuts on Sale: Save Up to 10 Percent on Income Tax Rate Cuts

Economic Interference Week

Media Covers McHugh's Committee Testimony

Point One Finger, Three are Pointing Back at You

MEGA Fail: Progress Michigan Bashes Republican Governor for Democratic Governor’s Program

Share More …