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.
Western Michigan University Professor Laurel Ofstein says many students who have worked in their parents’ companies take her Family Business Management class. She says they sometimes come away with a much stronger feeling of “I can do this.” And sometimes they come away thinking “this is not for me.”