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It should be seen as a positive that a Jackson company will lose a year of tax-free status for not meeting a minimum staffing requirement under the terms of a taxpayer subsidy provided by the Michigan Economic Development Corp., a Mackinac Center analyst told The Jackson Citizen Patriot.
“These are resources that were provided by the people and companies that pay taxes,” Mike LaFaive, director of the Morey Fiscal Policy Initiative, told the newspaper. “We should expect some measurable impact.”
More information about the MEDC is available here and here.
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