taxes

Michigan House Speaker Kevin Cotter
http://gophouse.org/representatives/central/cotter/

What is ahead for Michigan in 2015? An income tax cut? A sales tax hike? Could elected officials move to repeal the state’s prevailing wage provisions? All are possible. A clearer picture will begin to emerge Wednesday when the 2015 Michigan legislature convenes.

WKAR

On today's show, we heard briefly from Keith Allard of the recently formed group, "Protect MI Taxpayers." Allard is also Chairman of the Grand Rapids Taxpayers Association and a recent unsuccessful candidate for the state legislature. His group is launching a campaign urging voters to defeat the call to increase the state sales tax by a cent. Michigan voters will decide that issue on May 5.

Flickr - Carl Malamud

Last week we learned that e-commerce sales on Cyber Monday 2014 topped $2-billion. That’s up more than 15-percent over last year. Big box giant Walmart and online powerhouse Amazon saw sizeable surges in their bottom lines. But the reports are not welcome news for everyone, including traditional brick and mortar retailers in Michigan.

Flickr - Justin Rumao

One billion dollars. That’s the amount the state could lose because of a July ruling by the Michigan Supreme Court, according to the Treasury Department.

Do corporate tax incentives boost Michigan's economy?

Jul 30, 2014
umich.edu

Last week, General Motors announced plans to expand its Delta Township plant and requested a 50% tax break over 12 years from the Lansing City Council. Similarly, the new logistics center at General Motor’s Grand River plant that just started construction that comes with a $4-million tax break.

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