BY MATT MILLER • GANNETT NEWS SERVICE • May 15, 2009
Michigan’s tax abatement and incentive programs hand out hundreds of millions of dollars to businesses; however, according to a study re-leased Thursday, the state doesn’t know whether it’s getting it’s money’s worth. “We have no proper inventory of tax incentives in Michigan. We do not know how many there are, what the purpose is, how much they cost,” said Patrick Anderson, chief executive officer of the Anderson Economic Group in East Lansing, which prepared the study for the Michigan Education Association union and its national counterpart.
http://www.livingstondaily.com/article/20090515/NEWS01/90515001/-1/NEWSFRONT2/Study++Tax+incentives+oversight+is+lacking
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