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The original announcement from January 2022 provides overall details as well as specific bullet points on each dollar amount of the "corporate welfare": https:/

• rbetts 3y ago
  Thanks for the link: > A Critical Industry Program grant in the amount of $600 million for the creation of up to 4,000 jobs related to the Orion Township and Ultium projects; > An 18-year Renewable Energy Renaissance Zone which will require a minimum investment of $1.5 billion with the potential for up to $2.5 billion, estimated to be worth $158 million; > A Strategic Site Readiness Program grant in the amount of $66.1 million awarded to the Lansing Economic Area Partnership (LEAP) for public infrastructure and utility upgrades. The grant legislation: https://www.legislature.mi.gov/documents/2021-2022/billanalysis/House/pdf/2021-HLA-0769-896200FB.pdf https://www.legislature.mi.gov/documents/2021-2022/billanaly... It certainly sounds like the grant portion was state tax money paid to GM. I wonder under what requirements. The tax abatement is essentially shifting some of the tax base from corporations to individuals. Some of whom can pay those rates when they next find work.