The likely struggle of the Hudson’s Detroit project to meet projected Detroit jobs and revenue is the latest large-scale project fueling the debate over the structure of tax-incentivized development.
Tom Perkins
A guest author for Bridge Magazine.
Posted inBusiness Watch
Analysis: GM move from Ren Cen a ‘loser’ for Detroit coffers after subsidies
Detroit will not see a net gain in new jobs or local tax revenue for the estimated 850 GM RenCen employees.
Posted inMichigan Environment Watch
I share a house with my cat, Ling Ling, and my roommate PFAS
The so-called “forever chemical” can be found in every room of the author’s home. It’s in the nonstick pans used for taco night, food packaging from take-out, on a floor mat and in waterproof boots. And, he learned, in his (and Ling Ling’s) blood.
Posted inMichigan Environment Watch
Who pays Michigan utilities’ coronavirus costs: customers or investors?
Commercial and industrial revenue fell for Michigan utilities when the COVID-19 lockdown closed factories and other businesses. Can they recoup their losses through rate hikes? Or should stockowners bear that burden?