Steve Carlson considered buying a couple of new machines for his plastic molding business near Lansing, but he and the company’s other owners decided to hold off for now. One reason, he said, is Michigan’s personal property tax on the new equipment would drive up the cost of doing business, adding another 30 percent to […]
Michigan Municipal League
Posted inMichigan Government
Business, Republican leaders express confidence in personal property tax repeal
In the looming battle over Gov. Rick Snyder’s proposed personal property tax repeal, both sides agree on one thing: It’s a tax neither particularly likes. “This is an investment penalty,” said Lt. Governor Brian Calley before a Senate committee Wednesday. “The more you invest, the more you pay.” The Michigan Chamber of Commerce and the […]
Posted inLand O Links
Land O Links
“The old believe everything; the middle aged suspect everything, the young know everything” — Oscar Wilde. * It’s March Madness, so everyone’s trying to figure out how to use the temporary obsession with brackets to convey interesting or amusing information. WARNING: At this point, Michigan State University alumni and fans should stop reading. At the […]
Posted inBusiness Watch
Rust and the rest: Reinventing cities
When Chattanooga made the national news one evening in 1969, it wasn’t for a good reason. Air pollution had won the Tennessee industrial center the federal designation of being the dirtiest city in America. It was “a real wakeup call,” said Mayor Ron Littlefield. And “the city and the county and the region, decided when […]
Posted inMichigan Government
Urban chief outlines new normal for cities
Harvey Hollins III is the director of the Michigan Office of Urban and Metropolitan Initiatives and is a principal adviser to Gov. Rick Snyder on urban economic development. He is a loaned executive through the Council of Michigan Foundations, and his salary is supported by individual foundations through the council. Bridge spoke with Hollins in […]
Posted inBusiness Watch
Perks are the point in 'amenity-driven' growth
When Dawn Barry and her husband, Mark, decided to sell their townhouse and buy a house eight years ago, they had a few criteria common to couples in their early 30s. It had to be affordable on their teacher salaries, located in a safe neighborhood with good schools for the children they planned to have […]
Posted inMichigan Government
Deja vu: Biz tax cuts head agenda in Lansing
“At the end of the day, we’ll be a stronger, more vibrant state,” Gov. Rick Snyder asserted a year ago in his first State of the State speech that offered the first outlines of his 2011 legislative agenda. But he didn’t say what day that would be. As he prepares to deliver his second “SOS” […]
Posted inMichigan Government
Merger bills won't change names on fire trucks — yet
For years, officials charged with managing local government services and finances have pointed to a variety of provisions in state law they say make the sharing of services with neighbors financially unappealing. With Gov. Rick Snyder’s signature last week on a set of bills, the state believes it has removed a large hurdle to increased […]
Posted inBusiness Watch
'Shadow Tax Cut' deepens local budget crises
A $900 million cut in property tax revenues since 2007, the “Shadow Tax Cut,” has devastated the budgets of local governments that heavily rely on these taxes to provide police and fire protection — and a host of other services. They’ve laid off hundreds of firefighters, police officers and other employees; cut pay and benefits; […]
Posted inBusiness Watch
Despite $300 million reduction, businesses seek relief
Michigan businesses, which have already won a $1.6 billion business tax cut, are pushing hard to repeal the state’s personal property tax on machinery, computers and other equipment. But they don’t talk much about, or even recognize, the $324 million tax cut they’ve received since 2007, the result of falling property values and lower tax […]
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