Month: December 2017

Gov’t Affairs News: Lawmakers head home for the holidays

Happy Holidays

The legislature adjourned this week for the year and will not return until Wednesday, Jan. 10. Accordingly, our government affairs updates will be put on hold until after the holidays.

New minimum wage for Michigan employees

Effective January 1, 2018, Michigan workers will see an increase in the minimum wage rate from $8.90 to $9.25. This new change to state law marks the final step of a gradual 25 percent increase of the minimum wage that started in 2016.

Federal tax reform puzzle: Proposals may be good fit for retailers

By Amy Drumm, MRA Vice President, Government Affairs

Retailers who file their business taxes separate from their personal income taxes, could see a significant reduction in the amount of taxes they pay if either of the two tax reform plans working their way through Congress are signed into law.