Michigan Tax Incentives Corporate Welfare Discussion

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Michigan Tax Incentives Corporate Welfare Discussion

Read Michigan Tax Incentives—Corporate Welfare? and A Primer on Certificated Credits Under the Michigan Business Tax. (attached)

Then, in your initial post, consider the following questions:

  • Is it the role of government to provide incentives to business? Why or why not?
  • Do you agree with Michigan’s decision to extend tax credits in the manner it has? Why or why not?
  • Is it ethical for a business to accept government incentives in all cases? Alternatively, is it the fiduciary responsibility of businesses to seek government aid in every instance? Explain and defend your responses.
  • How might a business that accepts incentives effectively respond to criticism that it is accepting corporate welfare?