Eliminating Michigans department of corporate welfare (otherwise - TopicsExpress



          

Eliminating Michigans department of corporate welfare (otherwise known as the Michigan Economic Development Corp.) would save $300 million a year. If lawmakers regard a complete dismantling as too far of a reach, they could at least forgo doubling expenditures for film producer subsidies from $25 million to $50 million. Forking over these taxpayer dollars to Hollywood moguls just adds taxpayer insult to a huge tax hike injury. Speaking of low-hanging corporate welfare spending (agribusiness), eliminating a government Agricultural Experimental and Cooperative Extension Service would free up another $50 million that could go to roads. This list could include an additional 40 or 50 savings recommendations, along with full, line-item budget analyses from 1996, 2003 and 2004. As mentioned, one of the compromises that may enter the tax hike sausage is not repealing Michigans prevailing wage. That would be a shame, because doing so could provide a conservative $100 million for roads and other state projects (or maybe even tax cuts). michigancapitolconfidential/20185
Posted on: Fri, 13 Jun 2014 18:57:52 +0000

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