[Photo of James M. Hohman]

James M. Hohman

Assistant Director of Fiscal Policy

James M. Hohman is assistant director of fiscal policy at the Mackinac Center for Public Policy. He holds a degree in economics from Northwood University in Midland, Mich.

It is Fine to Get Detroit Out of the School Pension System

Other districts already pay for Detroit's liabilities … more

Media, Voters, Draw on Mackinac Information on Prop 1

Incomplete Analysis of Pension Scheme Bill Paints False Picture

Fiscal Agency ignores benefit spiking costs, underfunding risks … more

House Road Plan Secures Road Funding

Understanding proposed earmarks for road funding. … more

Michigan’s Economic Recovery More Than Just the Auto Industry

Unfunded State Employee Pension Liabilities Remain at $6.2 Billion

Closing the system is saving taxpayers from future liabilities … more

Michigan's Economic Recovery More Than Just the Auto Industry

Non-auto manufacturing has made a huge comeback … more

Critics of Growth Projections in House Road Plan Should Be Unnerved by Pension Underfunding

School pension plan requires large dedication of future revenue … more

How Michigan Can Pay for its Roads Without a Tax Increase

House Road Plan Relies on Reality

Detroit News wrong to call it "mostly fantasy" … more

Interpreting Proposal 1’s Loss

First, look at current resources … more

Michigan Incentive Policies Fooled by Job Turnover

Why There’s a State Tax Vote on May 5 and What It Costs

House Votes to End Film Incentives

Michigan Property Tax Revenues Up

Both rates and revenue on the rise … more

Facts About Road Safety in Michigan

Traveling on Michigan's roads is safer than it's ever been … more

Amendment’s Effects on Higher Ed are Uncertain

Proposal 1 may offer more leeway in funding than intended. … more

The Cost of the Proposal 1: The May Tax Vote

Proposal 1 of 2015: An Analysis

How Steve Cook's Pension Will Cost Taxpayers

Hohman Testimony to House Committee

Closing School Retirement System the Right Choice

MPSERS has been underfunded in 29 out of the past 30 years … more

The Myth of a Spreading ‘Tax Cut Fever’

May Sales Tax Proposal Explained

Michigan Adds, Loses Thousands of Jobs

More proof corporate welfare doesn't work. … more

'Blown Away' Program Prolonged

Corporate welfare program a continued failure. … more

‘Tax Cut Fever’ – Never Burning Hot

Has tax cut phobia gripped Lansing? … more

How Would You Spend an Extra $130?

How would you spend an extra $130? … more

Politicians Don’t Guide the Economy, You Do

Economic growth starts with the individual, not the state. … more

No 'Replacement Revenue' for Taxpayers on Roads

New plan would give Michigan 2nd highest sales tax. … more

Gov. Snyder’s Detroit Victory Dance Premature

Whether city succeeds remains to be seen. … more

You are Entering the Government Pension Zone

When a School 'Cut' Is an Increase

As shown by the House road funding plan. … more

Fewer Prisoners, Fewer Workers – Higher Prison Costs

Job Churn Shows Futility of Corporate Welfare

Cutting income taxes a better way to spur growth. … more

Michigan Should Lower the Personal Income Tax Rate in 2015

Bankruptcy Judge Calls for Better Pension Funding

House Bill 4804 could help. … more

Corporate Welfare and the Michigan Business Tax

Some subsidies extend another 20 years. … more

Prop 1: Making the Confusing More Clear

Michigan School Privatization Survey 2014

The growth of school support service privatization has slowed. The 2014 survey shows that the percentage of school districts that contract out for food, custodial or transportation services increased just 0.4 percentage points, the smallest growth recorded since the survey began. Each service, however, increased and satisfaction with contracting remains high. … more

One Sector Grew Last Decade: Corporate Welfare

Very few jobs to show for special favors, subsidies. … more

Gubernatorial Campaign Should be About Things That Matter

Close MPSERS to Stretch Dollars Further

10 Facts About Pension Systems in Michigan

Grasping At Taxes to Pay for Pensions

Schools, municipalities get creative. … more

What Proposal 1 Means for Michigan Going Forward

Did Gov. Snyder Create 275,000 jobs?

Job Announcements Don't Equal Job Creation

Too many candidates propping up corporate welfare. … more

Truth Squad’s Failed Proposal 1 Fact Check

Three exemptions to personal property tax, not elimination. … more

Proposal 1 of 2014: Summary and Assessment

Download the full study here.
On Aug. 5 Michigan voters will be asked to approve or reject Proposal 1, which would modify the state’s personal property tax. The legislation that would go into effect if Proposal 1 were approved by voters creates three new exemptions for certain businesses that are currently subject to the personal property tax; it does not eliminate the personal property tax. Commercial and industrial businesses with less than $80,000 of personal property will be exempt, and, eventually, all manufacturing personal property will be exempt. These exemptions amount to an estimated $600 million tax cut when fully implemented.
The package of bills includes a mechanism for reimbursing local government units for the revenue lost from these new exemptions. The state would set aside a portion of the statewide Use tax revenue, and use this revenue to reimburse local governments. It is estimated that local governments will be reimbursed for the entirety of the revenue lost due to the personal property tax cuts.
The state would also levy a new, but relatively small, tax on manufacturing personal property that qualifies for one of the exemptions described above, except the small parcel exemption. The state estimates this to raise $117.5 million, making the overall net tax cut of the legislation package worth about $500 million. … more