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Viewpoints Blog

Michigan Business BlogKeep abreast of current issues affecting Michigan’s competitiveness, both nationally and around the globe, and learn what the private sector is doing to stimulate and grow our economy.

You can also learn more about Business Leaders for Michigan’s (BLM) latest initiatives and find out how you can help make Michigan a "Top Ten" state once again.

Monday
Jun082015

In Finding a Road Solution, Let's Not Solve One Problem by Creating Another 

Michigan lawmakers are working quickly to identify a stronger road funding solution for our state. We've begun to hear some of their proposals, and it's clear we're still a long way from the finish line.

While we wait, the condition of our roads and bridges continues to deteriorate. It's more than just frustrating for motorists, it's economically dangerous. The longer we wait to fix our infrastructure, the less competitive Michigan becomes.

It is imperative that lawmakers work to identify road funding solutions that don't jeopardize other important state priorities that are important to our economy like job training, higher education and economic development.  

BLM's position: 

We believe a long-term solution to fixing our roads and bridges should meet the following principles:

  • It should provide funding sufficient to ensure good quality road and bridge conditions
  • It should include road and bridge warranties
  • The funding source should be sustainable and dedicated
  • The revenue should come from the users of our roads and bridges, and
  • The solution should not adversely impact other critical priorities that help create jobs, such as job training, higher education and economic development.
 Let's work together to get it done.
Monday
May182015

How will rising Medicaid costs affect Michigan? 

Higher education is the most likely function of state government to be impacted by rising Medicaid costs according to Moody's Analytics. See how your state is forecasted to be impacted.

Read the Moody's Analytics report: Crowded Out: The Outlook for State Higher Education Spending. 

 


Friday
May152015

Michigan's property taxes impact our competitiveness. 

Property taxes don't get as much attention as corporate tax rates as a site selection factor. But as more states improve their corporate tax competitiveness, these taxes are becoming more noticeable. For example, Michigan's property tax rates are higher than all the states to our south - which happen to be the states we most often compete against for jobs.

Learn more in the May 8, 2015 Pew Charitable Trust's Stateline article, "States Look to Deliver Relief as Property Taxes Rise." 

Property Taxes on the Rise - from the Pew Charitable Trust - Research & Analysis - Stateline

Monday
May112015

Where does Michigan rank in supporting entrepreneurs? 

Creating a great environment to support entrepreneurs isn't just about low tax rates.  If that was the case, Michigan would be number one - we exempt small business from paying our corporate income tax.  

Entrepreneurs also need talent (Michigan ranks below average in education attainment), infrastructure (Michigan has some of the worst roads in the nation) and quality support programs for entrepreneurs (Michigan has many, but they're uneven in quality).

See all the rankings in Entrepreneur: 10 Best States for Starting a Business

Michigan Economic Rankings


 

Monday
May042015

On May 5, Let's Fix the Roads!

On May 5: Let's Fix the Roads!  

Tomorrow is Election Day, and we all have an opportunity to start fixing Michigan's crumbling road system. 

Just two weeks ago, a national transportation research group released its report on our roads.  No surprise, it detailed the rapidly deteriorating condition of Michigan's roads and the need for significantly more funding in order to repair them. 

According to the report, 38% of Michigan's major roads are in poor condition (up from 23% in 2006), 45% are in fair condition, and only 17% are in good condition. Is that what we want for our families and businesses? 

Proposal 1 would raise $1.2 billion a year for Michigan's roads by making sure that what we pay at the pump goes to our transportation needs. We'll finally see our crumbling pavement restored and bridges repaired. If Proposal 1 fails, we'll continue to shortchange our state transportation system by relying on unsustainable one-time fixes and risking our safety and future economic competitiveness. 

Click to read more ...