Monday, May 18, 2015

Corporate welfare cheats!!-----Secret Subsidies Cost Michigan Taxpayers Billions

Secret Subsidies Cost Michigan Taxpayers Billions | The Daily Caller:
"Michigan’s corporate welfare agency recently admitted it began withholding recipient information years ago after receiving “informal advice” that was never made public.
The Michigan Economic Development Corporation (MEDC) stopped disclosing the names of the companies it subsidizes in 2009, instead listing the totals by industry.
It was not until recently, however, that the agency answered questions about what inspired the policy change, Michigan Capitol Confidential reported Thursday.
(RELATED: ‘Oz’ Film Costs Michigan Taxpayers $40 Million)
In an email responding to questions posed a mere 12 weeks earlier by Michigan Capitol Confidential, MEDC Vice President of Communications Michael Shore said the agency decided to make the change based on “informal verbal advice” from the attorney general’s office...

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