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Organized labor groups have started collecting signatures for a plan that would increase the corporate income tax rate from 6 percent to 11 percent to raise $900 million a year for road funding. Business groups say hitting corporations with a tax hike will hurt Michigan’s competitiveness and ability to attract more jobs. Meanwhile, labor groups are also opposed to a separate petition drive seeking to repeal Michigan’s prevailing wage law. Supporters say prevailing wage increases construction costs on publicly funded projects.

Published in Small Business

This may finally be the year Republicans in the Legislature move forward with their agenda to repeal Michigan’s prevailing wage law.

Published in Economic Development

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