Blog categorized as Economy

No More Sales Tax On Diapers Under Introduced Bill 

01/31/25 12:13 PM - By Team MIRS - Comment(s)
No More Sales Tax On Diapers Under Introduced Bill 
Diapers, bottles, child seats, breast milk pumps and other baby/toddler care items would be exempt from Michigan’s sales tax under bills introduced by three House Republicans as part of three family-centered cost-saving proposals.

Michigan Could Legally Tax People A Lot More 

01/13/25 03:35 PM - By Team MIRS - Comment(s)
Michigan Could Legally Tax People A Lot More 
Constitutionally speaking, Michigan government could be taxing its residents much more than it is. A lot more.

SFA Projects Another Billion Here, Another Billion There 

01/08/25 01:47 PM - By Team MIRS - Comment(s)
SFA Projects Another Billion Here, Another Billion There 
Money is pouring into state coffers at a much higher rate than the state's bean counters projected back in May, according to the Senate Fiscal Agency’s Economic Outlook Report and Budget Review.

UI Benefit Increase Headed To Governor

12/11/24 04:12 PM - By Team MIRS - Comment(s)
UI Benefit Increase Headed To Governor
Senate bills that raise the weekly financial benefits one can receive from unemployment and increase the amount of time a person is eligible for the benefits passed the House Tuesday.

MI Economic Outlook Report: 'Election Results Amplified Uncertainty' 

11/25/24 01:40 PM - By Team MIRS - Comment(s)
MI Economic Outlook Report: 'Election Results Amplified Uncertainty' 
The University of Michigan’s 2025-2026 Economic Outlook for Michigan released Friday says “election results have amplified the uncertainty surrounding Michigan’s economic outlook,” following a period of economic decline since the spring of this year.