Posted inBusiness Watch

Billion-dollar bust?

(Originally published Aug. 10, 2011) A 15-year-long effort to spur jobs and vitality in some of the state’s most economically depressed areas by turning them into virtual tax-free zones — and thereby forgoing about $1 billion in tax collections — is being curtailed by Gov. Rick Snyder. Citing disappointing results in Renaissance Zones, the Snyder […]

Posted inBusiness Watch

Income is small share of business taxes

Emerging from a long debate over the second major revision of the state’s business income tax in a decade, Michigan residents, and maybe some policy-makers, may be surprised by the results of the Council on State Taxation’s annual report on business taxes. Gov. Rick Snyder and allies in the Legislature and business community argued consistently […]

Gift this article