Michigan - where the CEA is headquartered - is considering renewing and expanding a tax credit program known as "Good Jobs for Michigan" that by some estimates is costing taxpayers $40,000 per job. CEA President John C. Mozena attended the Michigan State Senate Economic and Small Business Development Committee hearing at which testimony was being … Continue reading Open Letter to Michigan’s Senate Economic Development Committee on “Good Jobs for Michigan” Tax Incentive Expansion
Michigan-Based Economic Development Policy Group Identified as Free-Market Organization “Punching Above Their Weight,” will Receive Grant Support The Center for Economic Accountability (CEA) has been selected by the Atlas Network as one of ten organizations in the United States that are “punching above their weight” in developing and implementing innovative and scalable efforts to promote … Continue reading The Center for Economic Accountability Named “Smart Bet” for 2020 by Atlas Network
Recently, the Cleveland Plain Dealer asked, "Is public financing of sports venues worth it?" In a letter to the editor, the CEA's John Mozena explained why the answer to that question is a resounding "no." The reality is that, however much we may care about sports, their economic impact on a community like Cleveland is … Continue reading No, Cleveland, that stadium isn’t worth it
We're often asked what we would recommend for alternative economic development policies to the traditional ineffective and costly incentive-and-subsidy model. Our answer is that while the specifics will vary from state to state and city to city, there's an important common thread: Make your community a good place to live and do business. That's obviously … Continue reading Incentive-free economic development: In Michigan, that means auto insurance reform.
Politicians love it when they can benefit from the emotional connection Americans have with our sports teams. Unfortunately, one of the ways they do that is by handing out subsidies and incentives to pro sports team stadiums, despite all the evidence that they're usually a terrible deal for the community. As the CEA's John Mozena … Continue reading St. Louis Post-Dispatch column: Emotion defeats common sense in St. Louis’s MLS stadium deal