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Michigan governor Rick Snyder signed into law last week corporate tax credits that would enable companies to forgo paying all state income taxes for up to ten years if a company hires a certain number of workers paying "good" wages.

  • But Crain's Detroit Business points out many questions remain whether the law will actually create middle-class jobs and whether the tax incentives will be efficiently spent.
  • The law requires companies to, on average, pay a wage that is at or above the average wage in the region where the company employs workers. But critics argue this risks giving companies tax credits for hiring they'd do anyway, and also that companies can get the tax breaks by hiring just a few high-paid executives and many low-paid frontline workers.
  • Why it matters: States like Michigan are desperate for policies that result in good-paying jobs, but must remain vigilant that programs aren't easily abused.

Go deeper

Updated 2 hours ago - Politics & Policy

Key government agency says Biden transition can formally begin

General Services Administrator Emily Murphy. Photo: Alex Edelman/CNP/Getty Images

General Services Administrator Emily Murphy said in a letter to President-elect Joe Biden on Monday that she has determined the transition from the Trump administration can formally begin.

Why it matters: Murphy, a Trump appointee, had come under fire for delaying the so-called "ascertainment" and withholding the funds and information needed for the transition to begin while Trump's legal challenges played out.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Vaccines: Key information about the effective COVID-19 vaccines — Oxford and AstraZeneca's vaccine won't just go to rich countries.
  2. Health: U.S. coronavirus hospitalizations keep breaking recordsWhy we're numb to 250,000 deaths.
  3. World: England to impose stricter regional systemU.S. hotspots far outpacing Europe's — Portugal to ban domestic travel for national holidays.
  4. Economy: The biggest pandemic labor market drags.
  5. Sports: Coronavirus precautions leave college basketball schedule in flux.

Michigan board certifies Biden's win

Poll workers count absentee ballots in Detroit, Michigan on Nov. 4. Photo: Salwan Georges/The Washington Post via Getty Images

The Michigan Board of State Canvassers certified the state's election results on Monday, making President-elect Joe Biden's win there official and granting him the state's 16 electoral votes.

Why it matters: Republican Party leaders had unsuccessfully appealed to delay the official certification, amid the Trump campaign's failed legal challenges in key swing states.