Results 61 to 70 of 188

The Trend Toward — and Away From — Transparency

The need for greater transparency in government programs has been widely recognized. … obtain.[‡] A similar loss of transparency appears to be occurring with the … Despite its quasi-private status, the MEDC is subject to government reporting … programs, "[T]axpayers deserve transparency to know that their money is being …

How to Improve Economic Development Transparency

State considers changes to economic development disclosure

The state is looking to improve its transparency and is targeting its economic development reports, according to MIRS, a Lansing-insider newsletter. … welfare deals are questionable in their effectiveness, but the lack of transparency about them is outrageous. Although this information used to be made …

Michigan Legislature gave cover to GM, MEDC on tax credits

Transparency is Mackinac work. How the Mackinac Center Legal Foundation spoke up in favor of the public’s right to know.

… ensure the amount given to GM remained a secret. A lawsuit against the MEDC by Detroit resident David Sole challenged this secretive arrangement and … influencing whether the agreements get modified and in what matter?” The MEDC must report to the Legislature on how much the company receives. Only a …

'Pure Michigan or Pure Puffery?' Op-ed Published In The Times Herald

… spending, LaFaive said there should be transparency in the process. He writes: Such … Longwoods’ current chairman is the former MEDC (Michigan Economic Development Corporation) … promotion programs. Moreover, Longwoods’ MEDC business is the result of no-bid contracts. … review process transparent. Given the MEDC’s incentive to justify its budget with …

Unemployment, Migration Statistics Underscore Failure of MEDC, Says Mackinac Center Economist

State unemployment increases to 15.2 percent; 70 percent of United Van Lines Michigan traffic is outbound

… business was outbound. "The MEDC's mission was to create new … another stark reminder that the MEDC has failed and should be shut down," said LaFaive. "The MEDC's work amounts to 'press release … others are demanding more transparency from the agency." According … percent). Since the creation of the MEDC in 1999, Michigan's state GDP …

Funds Disclosure

… on their application to the MEDC, the MEDC itself has been withholding … underscores our point about more transparency being vital at the MEDC. The institution is so hyper-secretive … LaFaive's policy brief "MEGA, the MEDC and the Loss of Sunshine" details …

Bills Would Ban Keeping Taxpayer Handouts To Corporations Secret

A handful of companies are getting billions, but citizens are forbidden to know who or how much

… worth. For much of MEGA’s 15-year existence, the MEDC did disclose which companies were cashing in credits … In a statement, Reilly called the lack of transparency for MEGA credits a serious issue of public … according to The Detroit News. In February 2015, the MEDC valued General Motor’s remaining tax credits at …

Dear House Tax Committee: Pure Michigan Return on Investment Not Validated

State Rep. Jim Tedder asks the right question

… wondering why a top official at the MEDC can’t provide an answer to … figure is calculated, which the MEDC knows and seems perfectly comfortable with (or, if MEDC officials do know, they respect … extensively about a lack of transparency in the Pure Michigan and … “validation study” for which the MEDC paid a different contractor …

What Economic Development Transparency Should Look Like

… programs must provide much greater transparency. Taxpayers should be able to see … older programs are another story. The MEDC has been good at announcing the job … This information is vital because MEDC projects have so rarely met their promises. … legislators need to insist on some basic transparency principles. That's just common …