News That Affects You

Business tax breaks being considered for Michigan

 

The Michigan House of Representatives is debating legislation that would provide millions of dollars in tax breaks to attract large businesses to the state.

 

Senators approved legislation on Tuesday that would give businesses that expand or move to Michigan and create jobs up to a 10-year, 100 percent abatement on the personal income tax withholdings of new employees.

 

The incentives are supported by Governor Snyder.

 

 

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