| Smell the relentless positive action. Michigan also has become a less attractive state for new investment, according to Site Selection magazine's annual business climate survey, which shows that Michigan fell from 15th place in 2011 to 23rd this year.
Business Leaders for Michigan noted that Michigan's new corporate income tax was viewed as "slightly more negative than the MBT" by Site Selection "due to the loss of tax credits and incentives for larger businesses. The ranking reflects how attractive a state is for large corporate investments rather than its entrepreneurial environment."
In addition to losing jobs, we're also becoming less attractive to business investment. On top of that, the lost revenue has meant cutting money that cities use to make themselves more livable and attractive to talent, which last year 'round this time benevolent overlord Rick Michigan told anyone who stood still around him was the key to growing a prosperous economy. |
