Economic revival requires a Michigan Turnaround Plan

Five points. That's all it will take to turn the state around. Just five points. Well, at least according to a commentary in the Detroit News.

Two of the five:

Getting Michigan competitive to attract and retain jobs. This would include developing a competitive business tax structure that reflects Michigan's changing economy, providing a more predictable and stable tax environment for businesses and ensuring tax changes don't make the state's structural deficit worse. The short-term goal is to significantly reduce the tax burden of the MBT, while making Michigan a Top 10 state for lowest business costs in the long run.

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Accelerating job growth through innovation and entrepreneurship. Michigan could benefit from shifting its economic development strategy toward supporting innovation and entrepreneurship across all sectors; increasing entrepreneurial education; and creating a university-business partnership focused on attracting business, growing sectors and retaining talent.

Read the entire article here.
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