Michigan continues to rank 13th in the U.S. for its overall business tax burden, holding to a position that improved significantly in the last few years after legislators enacted sweeping changes to the state’s tax code.
Navigating global competition, creating an environment for successful entrepreneurship and dealing with increased collaboration were just a few of the subjects executives discussed at the 2014 CEO Summit sponsored by Business Leaders for Michigan.
While Michigan is clearly in a better place than it was at the depths of the recession, the state still has a ways to go to improve and compete at the level of other “top 10” states.
Amid rising logistics costs, a group of West Michigan executives is banding together to see what results they can produce by tackling the issue collectively.
Linking with a group of top corporate executives and university presidents provides MichBio added muscle in formulating a strategic plan to grow Michigan’s life sciences industry.
All the talk surrounding the need for more investment into Michigan’s higher education institutions is starting to pay off — at least a little bit.
Michigan needs to spend another $1 billion on higher education to produce graduates with the advanced skills needed for the 21st century economy, contends Business Leaders for Michigan.
If nothing else, Gov. Rick Snyder’s focus on improving funding for Michigan’s aging roads and bridges positions the issue toward the top of the agenda in Lansing.
Michigan became a little more competitive with other states over the last two years, although it’s still far from the goal of corporate CEOs to become a top 10 state for economic performance, according to an annual report.
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