CHOICES MATTER: For two decades, decisions at the State Capitol have consistently damaged the ability of local governments to raise the money necessary to make their communities attractive places to live, work and do business, argues Mitch Bean. I am concerned about what seems to be a significant decline in the fiscal health of local […]
taxation
Posted inBusiness Watch
Broad tax cuts won't propel Michigan to prosperity, says economist
George Erickcek, a senior regional economist at the Upjohn Institute for Employment Research in Kalamazoo, says Michigan might encourage more new investment by offering targeted tax credits on new manufacturing equipment rather than eliminating the personal property tax. Erickcek also says Michigan’s new 6 percent Corporate Income Tax might leave the state strapped for tax […]