Assignment
Read Michigan Tax Incentives-Corporate Welfare? and A Primer on Certificated Credits Under the Michigan Business Tax.
Then, 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?