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 inMichigan Government

Why Snyder's government reform plan may sound familiar

(Originally published March 22, 2011) Gov. Rick Snyder’s speech Monday aimed at reinventing local government actually reinvented (or at least reiterated) numerous reform ideas offered in recent years by the Center for Michigan and other public interest groups. Examples: • Intensifying local government consolidation and service sharing was a key recommendation of the Center’s citizens’ […]

Posted inBusiness Watch

Tax breaks saved mental hospital site, developer says

“Blight” and “Traverse City” aren’t often used in the same sentence. But one large, historically significant property in the picturesque northern Michigan community was so blighted that local officials who wanted to redevelop the site were unable to make much progress — until it was approved as a tax-free Renaissance Zone. The Traverse City Regional […]

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