Eliminating the Michigan Business Tax will be a positive step for Michigan, a Mackinac Center researcher told the Detroit Free Press.
“It’s going to send a message to businesses that Michigan is conducive to growth,” James Hohman, fiscal policy analyst, said. “Lowering taxes promotes growth.”
The Free Press also noted Center research that shows repealing the tax and its surcharge would create more than 120,000 jobs in Michigan by 2016.
Get insightful commentary and the most reliable research on Michigan issues sent straight to your inbox.
The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
Please consider contributing to our work to advance a freer and more prosperous state.