How many economic development incentives does Michigan need to compete for jobs and business investment? A debate is raging over that question since Gov. Rick Snyder largely shifted the state’s economic development efforts away from trying to buy jobs from other states to helping Michigan companies grow, a process he calls “economic gardening.” Soon after […]
Tax Foundation
Posted inMichigan Government
Prop 5 advocates say taxes are high, but figures show Michigan in the middle
It is an article of faith among small government advocates that Michigan residents are overtaxed, especially in relation to other states. That might have been true in 1985, when Michigan ranked seventh in the nation with a state and local tax burden of 10.4 percent, compared to a national average of 9.7 percent. The data […]
Posted inBusiness Watch
In Ohio, tax repeal advocates tout anecdotes
While Michigan tinkers with its tax structure in an effort to improve its business climate, its neighbor to the south already is collecting accolades and attracting investments. Site Selection magazine, in its March issue, awarded Ohio its Governor’s Cup for attracting 498 major capital investment projects in 2011, the most among the 50 states. Michigan […]