Assignment:
Read Michigan Tax Incentives-Corporate Welfare? and A Primer on Certificated Credits Under the Michigan Business Tax.
Website of the first article is : https://www.forbes.com/sites/taxanalysts/2015/03/10...
You can find the second one in the attach
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?
Readings:
A Primer on Certificated Credits under the Michigan Business Tax
By Elizabeth Pratt, Fiscal Analyst, Cory Savino, Fiscal Analyst, and David Zin, Chief Economist