Michigan economy improving, but state falls short of top 10 | Crain's Detroit Business:
"Thanks to the elimination of the Michigan Business Tax and the shift to the Corporate Income Tax, the state's corporate tax climate has risen from second worst in the nation to the seventh best.
It also found that per-capita GDP, per-capita personal income and employment have grown more than most of Michigan's peer states since 2009.
But despite the improved business tax climate, on average, the report found businesses pay more to operate in Michigan than in top-10 states.
..The bulk of those costs to do business consisted of labor costs, which the report found were 15 percent higher in Michigan than the top-10 average.
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