LANSING - Rep. Brian Calley (R-Portland), who worked on a workgroup developing the new Michigan Business Tax, said Friday that if the expiring Single Business Tax is an example, modifications to the new business tax structure will continue on forever into the future as industries and policies change. Speaking on Michigan Public Television's "Off the
LANSING - House Democratic leadership on Friday introduced nearly a dozen tax bills, some of which could likely be used as vehicle bills for a revenue increase, including a proposal to place a use tax on services at a rate of 6 percent. Dropping the legislation into the hopper before the weekend means the bills
WASHINGTON DC - Under sharp questioning from politicians, Department of Homeland Security officials on last week defended a new plan to make detailed satellite images available to a broader swath of government agencies, including state and local police. At a U.S. House of Representatives Homeland Security Committee hearing here, Democrats and Republican politicians alike accused
LANSING - Urging lawmakers to "invest in what works for Michigan," the University Research Corridor presidents on Monday released an independent analysis showing the state's three research universities helped create 68,803 Michigan jobs and produced $12.8 billion of net economic benefit in 2006. "This report documents how Michigan's URC universities have become a vital economic
LANSING - A bill protecting Michigan businesses from suffering a loss of stock market value was approved by a mostly party-line vote of the Senate on Wednesday, over objections of Democrats who complained the current-year budget issues deserve top priority. The bill does not have a budget impact until 2013, and while numbers are sketchy,
ANN ARBOR - Many factors that drive public companies to go private are evident throughout their public life ? giving two University of Michigan professors that ability to accurately predict which companies will go private 83 percent of the time. Using data from the time of the IPO to when a firm decides to go
STERLING HEIGHTS ? A symposium on Sept. 20 co sponsored by Automation Alley will examine why manufacturers, challenged from the decline in the domestic auto industry and outsourcing, need to diversify in today's changing economy. For decades, area manufacturers have been doing business as usual in a previously-thriving auto market. Now faced with declining sales
CUPERTINO, Ca. - After protests over its decision to cut the price of the iPhone by $200, Apple will give iPhone users a $100 store credit. The company last week posted an open letter from CEO Steve Jobs on its Web site defending the decision to cut the price of the 8GB iPhone from $599
LANSING - Former Governors William Milliken and James Blanchard on Wednesday renewed their pressure for state elected leaders to quickly address the 2007-08 budget problems with a five-part amalgamation of higher revenues and government restructuring. Separately, Senate Majority Leader Mike Bishop (R-Rochester) insisted Gov. Jennifer Granholm is obligated to "throw her fists" down with majority
TROY - John Bailey & Associates Public Relations has signed a three-year agreement with the North American International Auto Show to continue as its public relations agency of record through 2010. The company has been the auto show's agency of record since Oct. 2001. ?As the NAIAS continues to evolve as a principle automotive event,