Michigan retail sales jumped in May
LANSING – Michigan retailers posted their strongest performance of the year in May, pushing up sales by 12 points on the Michigan Retail Index, a joint project of Michigan Retailers Association (MRA) and the Federal Reserve Bank of Chicago.
Gov’t Affairs News: summer break, budgets, and more
Legislature leaves for summer break
This week the legislature adjourned for its annual summer recess. Well, mostly. Each chamber designates one session day in July and August in order to take up any urgent business that may arise during the break.
Coming soon: a 20 percent tax on consumer goods?
Imagine paying an additional 20 percent tax on many of the products you sell. It would be a budget-busting expense for most retailers. But that’s exactly what will happen if Congress passes a Border Adjustment Tax (BAT) as part of its larger tax reform plan.
