Still, the overall results are generally in line with other business scorecards. The ten states at the top of the rankings are North Carolina, Virginia, Tennessee, Georgia, Minnesota, Texas, Washington, Florida, Utah and Michigan.
Notably, four of these states have no income tax. Eight out of 10 of them are right-to-work states. Low taxes and being a right-to-work state factor into these rankings; both are categories Michigan will do worse on next year because of policies pursued by the governor.
Michigan has repealed its right-to-work law, a change that will go into effect in a few months. State law from a previous Legislature also cut Michigan’s income taxes for 2023. The law is clear that this should be a permanent income tax cut, but the Whitmer administration is arguing otherwise and trying to force a tax hike next year.
Both the hike in taxes and the repeal of the state’s right-to-work law will harm Michigan’s rankings by this measure. If Michigan lawmakers want a friendly place for business and individuals, they have some good examples to follow: Most of the states ahead of us in the rankings have shown the path to a strong economy.
It’s weird to see Whiter promoting the state’s business friendliness when she’s making it worse.
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