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Michigan Strategic Fund

Corporate Welfare is Back

December 6, 2016 by Evan Cruse 1 Comment

Under new legislation passed by the Senate, Senate Bills 1153-1155, your employer will be able to keep your income taxes. If a company has 500 or more workers they would be eligible to receive the income tax abatement. Now on the surface this seems like a good idea, more businesses will be willing to stay or move to Michigan in theory because of this bill, but this bill is nothing more than corporate welfare. First off, we must remember that the majority of Michigan businesses wouldn't be … [Read more...] about Corporate Welfare is Back

Filed Under: "Stupid Taxes in Michigan", Regulations in Michigan Tagged With: Michigan Strategic Fund, Michigan Tax Abatement

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