Business Group Praises New Tax Incentives For Job Creation

Higher wages for people in Michigan are just some of the expected benefits of the recently-enacted “Good Jobs for Michigan” law. Business Leaders for Michigan’s Doug Rothwell tells WSJM that he’s proud of state lawmakers for passing the bills this summer, and says the law will help people who feel left behind by the state’s economic recovery since the recession.

“There were a lot of opponents on both the far left and the far right to this that have ideological concerns, but at the end of the day, practical sense really came through and that’s what gives me hope because if we stick with what works, I think we’re going to continue to move Michigan forward.”

Companies which create new jobs that pay more than the average wage of the area where they’re located will get tax breaks from the state. The law is intended to create large-scale economic development in Michigan.