One of the hot topics for Michigan’s 2014 gubernatorial election will be a possible increase in minimum wage. Mark Schauer, the Democratic candidate, favors a plan to increase minimum wage from $7.40 to $9.25 per hour. This increase will occur in three increments over a period of three years, and...Read more
Gubernatorial candidate Mark Schauer proposed on Nov. 18, 2013, his intentions to raise Michigan's minimum wage from $7.40 to $9.25 if elected. Charles E. Ramirez, a writer for The Detroit News, told this story in an article titled "Schauer proposes hiking state minimum wage to $9.25 an hour." This initiative...Read more
Supporters are petitioning for the approval of Senate bill No. 856. The bill would allow the sale of alcohol to 4 a.m. in cities with populations over 600,000. This would be certified only for restaurants and bars in central business districts. Detroit is one of the cities fighting for this...Read more
As many Michiganders, including Governor-elect Rick Snyder, would agree, one of the biggest obstacles facing Michigan businesses is the Michigan Business Tax. Created in 2007, the Michigan Business tax has placed an unnecessary burden on businesses in an already tough economy. Snyder has created a plan that would...Read more
The Office of Financial and Insurance Regulation (OFIR) is a government entity located within the Department of Energy, Labor, and Economic Growth in the state of Michigan. OFIR is the agency that is responsible for regulating the financial industries in the state through insurance, security, and consumer finance. This...Read more
The Michigan legislature has not seen a great deal of action in the broadband policy arena. There have been, however, two major bills introduced in the past year that could have important affects Michigan's broadband policy.
There have been a lot of recent advancements in alternative energy technology, a lot of them taking place in Michigan. On September 12, Governor Granholm left on a trip to Japan to try and convince Japanese company executives to invest in Michigan's alternative energy sources. Michigan is on trach to...Read more
Tax increment financing (TIF) is a relatively new economic development tool. This tool allows districts to capture the increase on property taxes. Instead of all tax monies going back into the state, the district would be allowed to keep the money that is based on the percent increase. For example...Read more