Northwest Wayne News

From Michigan Business Daily

Leelanau County’s $3,447-per-month cost of living is the highest in Michigan

By Michigan Business Daily reports | 4 years ago

Residents of Leelanau County need to make $3,447 every month to maintain a modest standard of living, making it the most expensive place to live in Michigan.

From Michigan Business Daily

Michigan’s public pensions are 78.5% government funded

By Michigan Business Daily reports | 4 years ago

Taxpayer contributions to Michigan’s public pension funds in 2017 amounted to 78.5 percent of the total, the 13th highest ratio among the 50 states, according to newly released data by the U.S. Census Bureau.

From Michigan Business Daily

Average student loan debt for graduates in Michigan is $30,978, study finds

By Michigan Business Daily reports | 4 years ago

College graduates in Michigan have an average debt burden of $30,978, according to a study by the website 24/7 Wall St. examining average student loan debt in the 50 states.

Mackinac Center study: Occupational licensure causes higher consumer prices, costs jobs

By Shanice Harris | Sep 20, 2019

Michigan licensing laws are hurting workers and consumers, according to a report from Mackinac Center for Public Policy. The legislation affects the economy, income distribution and public health and safety.

From Michigan Business Daily

Income taxes make up 24.2% of total state, local levies in Michigan, study finds

By Michigan Business Daily reports | 4 years ago

State income tax revenues in Michigan represent 24.2 percent of its total state and local levies, according to a new study by the Tax Foundation.

From Great Lakes Wire

Michigan's disabled veterans still waiting for VA to refund wrongly charged home loan fees

By Colin Froment | 4 years ago

More than a month after a July 31 deadline, the Veterans Benefits Administration (VBA) has yet to release an update on what it is doing to identify and refund the approximately 73,000 disabled veterans -- including some in Michigan -- who were wrongly charged funding fees when issued VA loans.

From Michigan Business Daily

Michigan ranks 11th lowest in state, local government GDP, study finds

By Michigan Business Daily reports | 4 years ago

Michigan finished 11th lowest in the size of its state and local government operations, based on their share of the state’s gross domestic product, according to a 24/7 Wall St. analysis.

From Michigan Business Daily

Michigan pension plans are 65% funded, study finds

By Michigan Business Daily reports | 4 years ago

The funded ratio of the Michigan public pension plans stands at 65%, according to a new analysis from the Tax Foundation based on fiscal-year 2017 data.

From Michigan Business Daily

Lake rated least livable among Michigan counties, study finds

By Michigan Business Daily reports | 4 years ago

Lake was ranked Michigan’s worst county to live in, according to a Wall St. 24/7 analysis of regions with the poorest quality of life within all 50 states.

From Michigan Business Daily

Michigan ranks 10th highest on distilled spirits taxes

By Michigan Business Daily reports | 4 years ago

The state distilled spirits excise taxes in Michigan ranked 10th in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.