Michigan lawmakers, including Republicans, seem poised to attempt a tax revenue boost by boosting their state's already high taxes. Prediction: tax revenues will further erode. Michigan business owners will now fear this tax increase, and worse: a state government that addresses budget problems with tax increases. Outside businesses considering Michigan now have a new reason to stay away.
Michigan legislators should all read some economics textbooks and learn how highly taxed localities can increase tax revenue: cut tax rates! Get the interstate commerce boosted, attract new businesses, hang-on to home businesses considering a move to lower taxed states.