Freedom Fund Calls on Legislature to End Business Tax Credits Once and For All
LANSING, Mich. – The Michigan Freedom Fund’s Executive Director Tori Sachs today encouraged Governor Gretchen Whitmer and members of the House and Senate to put an end to business tax credits once and for all.
The legislature just approved new corporate subsidy bills that experts project could cost over $1 billion. The move comes after a scathing report by the Auditor General uncovered $3.9 billion in improper spending by the state’s unemployment agency while blistering the Whitmer administration and former UIA Director Steve Gray. Gray was among the members of Whitmer’s executive team who received big hush money payments to keep quiet about the mistakes they made during their time working for taxpayers.
“Whitmer’s administration wasted $3.9 billion on ineligible unemployment payments, hundreds of millions more in fraudulent disbursements, and over a quarter million on hush money payments to fired state directors,” Sachs said. “Now, Whitmer and legislators are poised to give away another billion. Worse, not only haven’t they declared pending business tax credits dead, but Republicans have introduced new ones as recently as this week! Working moms and dads deserve a break – and a real plan for Michigan’s future that puts an end to business tax credits once and for all.”
