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Senior Economist David Littmann recently told WXYZ-TV7 in Detroit that Michigan will be hit harder than the rest of the country if the Bush-Obama tax cuts are allowed to expire.
“Michigan would be a wipe out compared to the other states,” Littmann said of the impending “taxmageddeon,” noting that “Michigan can never be divorced from the national economy. We depend on the very basics of growth and income, employment, purchasing power and confidence.”
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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.
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