Upjohn Institute for Employment Research Senior Economist Tim Bartik says tax breaks and other incentives designed to lure business will tip a small percentage of decisions. So he says it’s important that the incentives offered are effective and evaluated often.
(MPRN-Lansing) Lawmakers in Lansing might not try to do away with the state income tax after all; but, they are still looking to reduce it. A new version of the bill would gradually cut the tax from 4.25% to 3.9%.
(MPRN-Lansing) State House Republicans are aggressively pushing through an income tax cut and rollback, despite numerous questions raised during a committee hearing about what funding cuts could happen in other areas if the bill passes.