Property taxes don’t get as much attention as corporate tax rates as a site selection factor. But as more states improve their corporate tax competitiveness, these taxes are becoming more noticeable. For example, Michigan’s property tax rates are higher than all the states to our south – which happen to be the states we most often compete against for jobs.
Learn more in the May 8, 2015 Pew Charitable Trust’s Stateline article, “States Look to Deliver Relief as Property Taxes Rise.”
