Policies & Impacts

Taxpayer Funded Incentives Do Little to Create New Jobs in Michigan, Study Finds

Michigan remains in perpetual recession despite approving $23 billion over 20 years for subsidies and tax breaks for industrial developments to little effect.
Taxpayer Funded Incentives Do Little to Create New Jobs in Michigan, Study Finds
The United Auto Workers (UAW) international headquarters in downtown Detroit, Mich., on Oct. 9, 2024. Madalina Vasiliu/The Epoch Times
Steven Kovac
Steven Kovac
Reporter
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A study by the Mackinac Center for Public Policy (MCPP), a nonpartisan Michigan think tank, has found that only one of 11 new jobs promised in large, publicly subsidized industrial development projects have materialized.

The MCPP reviewed front-page news stories from 2000 to 2020 that touted state-subsidized deals struck with large corporations that promised to create 123,060 new jobs.

Steven Kovac
Steven Kovac
Reporter
Steven Kovac reports for The Epoch Times from Michigan. He is a general news reporter who has covered topics related to rising consumer prices to election security issues. He can be reached at [email protected]
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