Blog tagged as Economic

(Source: MIRS.news, Published 01/24/2023) The small details of electric vehicle implementation, down to where a charger is placed in a city, could have a large impact on Michigan’s economic development, said John Lamacchia, Michigan Municipal League (MML) director of state and federal affairs.

(Source: MIRS.news, Published 1/18/23) Michigan could allow the income tax to drop to 4.05%, expand the Earned Income Tax Credit (EITC) back to 20% and exempt more retirement earnings from the income tax and still be on solid economic footing for years down the road.

The Michigan Retailers Association (MRS)’s November Retail Index survey reported 47% of retailers expect their sales to decline through February, while 39% predict sales will continue to rise.

Gov. Gretchen Whitmer was joined by a host of CEOs, bureaucratic leaders, education leaders, politicians, and media