Report: Taxes on Michigan businesses declining
A new report says the tax burden on Michigan businesses has declined slightly.
The Anderson Economic Group report ranks Michigan’s business tax burden 20th in the nation, improving from 21st last year.
Jason Horwitz is a senior AEG consultant. He expects the trend line will continue to go down in the coming years.
“When you look where taxes are so high for businesses in Michigan, the reason to be optimistic is that even though it’s been going down for five years, we would expect it to continue going down over the next few years,” says Horwitz.
The report looked not only at the usual business taxes, but also included other things like property taxes.