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More business tax breaks being considered in Lansing

 

New legislation approved by the Michigan Senate would provide tax incentives for business expansions. Senator Jim Stamas sponsored the "Good Jobs for Michigan bill package".

“This package is specific to look at bringing 250 plus jobs, or 500 plus jobs to a community. They must be new and they must meet a regional average wage or better,” he says.

 

Stamas says the package also states a company will not get a single dime until they can prove those jobs were created. However, some lawmakers say the state should not be giving more tax breaks to big business when they haven't been giving out similar incentives to smaller businesses.

 

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