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Gov. Snyder Signs Job-Attraction Bills In Hope Of Luring Big Employers

Rick Snyder
Governor Rick Snyder has signed bills to create new incentives for businesses looking to set up shop in Lansing.

Governor Rick Snyder has signed bills to create new business incentives in hopes of getting a few very large employers to locate in Michigan.

The new law would benefit a handful of companies that create hundreds or thousands of average or above-average wage jobs. The deal would allow the companies to keep some or all of the state income taxes collected from their employees.
“Michigan has not had a competitive tool to attract and compete for those larger projects.”

Jennifer Nelson of the Michigan Economic Development Corporation says the state’s not been a player for deals to attract mega-employers to the state. She says Michigan’s competing with manufacturing states like Wisconsin and South Carolina.

But critics, Republicans and Democrats, say it’s a tax giveaway that’s not fair to other businesses.

Rick Pluta is Senior Capitol Correspondent for the Michigan Public Radio Network. He has been covering Michigan’s Capitol, government, and politics since 1987. His journalism background includes stints with UPI, The Elizabeth (NJ) Daily Journal, The (Pontiac, MI) Oakland Press, and WJR. He is also a lifelong public radio listener.
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