By Natasha Robinson, MPCA Communications Specialist
Michigan needs to pursue tax reform that modernizes its outdated tax system if the state wants to achieve economic prosperity, according to the Michigan League for Public Policy. The League published its report, “Losing Ground: A Call for Meaningful Tax Reform in Michigan” on January 7, 2013, calling for an aggressive change to the state’s current tax system.
The 10-page report details budget deficits and cuts, and “an erosion of Michigan’s competitive advantage in the national and global economies.” It says that reasonably priced health care is among the quality of life issues that people value in Michigan. More families are struggling to make ends meet as a result of declines in income and increasing poverty, exacerbated by economic and policy changes.
“During the decade between 2000 and 2010, Michigan personal income increased only 17%, compared with a 44% increase nationwide, and the growth in personal income was the slowest in the nation,” the report says.
Click here to view the report summary and link to the full report.