Yesterday, Dollar Tree announced it was investing $100 million in tax reform savings to raise wages, boost hours, enhance training, establish paid maternity leave, and increase contributions to retirement plans. Currently, Dollar Tree has over 30 West Michigan locations including: Grand Haven, Grandville, Holland, Jenison, Kentwood, Ludington, Muskegon, Norton Shores, Walker, and Wyoming. This is another example of how companies with a presence in West Michigan are responding positively to the T...
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Note: Carter's has locations across West Michigan in Holland, Walker, Grandville, and Byron Center. Tax reform payday: Kid's clothing giant Carter's giving bonuses, boosting retirement funds By David Allison – Editor, Atlanta Business Chronicle February 27, 2018 http://bit.ly/2F8YOqJ Children's clothing giant Carter's Inc. (NYSE: CRI) said Tuesday that thanks to "the significant and unexpected benefit in 2017 of the historic tax reform legislation," the company will spend $20 million to increase...
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On Friday, the University of Michigan’s survey of consumers detailed the positive impact tax reform is having on consumer confidence, taxpayers, and the economy. Below are some of the highlights from the survey. Americans see rising income, employment growth and favorable perception of tax reform as top economic news. “Consumer sentiment rose in early February to its second highest level since 2004 despite lower and much more volatile stock prices,” said Richard Curtin, chief economist for the s...
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Earlier this week, Mill Steel Co. became the latest example of a company in West Michigan to issue $1,000 bonuses to employees because of tax reform. The Grand Rapids Business Journal reports: A local steel distributor is issuing bonuses to its employees after the recent federal tax overhaul. Grand Rapids-based Mill Steel Company said today it will give a one-time $1,000 bonus to all 400 of its full-time employees, “following the tax cut passed by Congress and signed by President Donald Trump.” ...
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Last week, Congress delivered on an important promise with a once in a generation vote to enact tax reform. The Tax Cuts and Jobs Act overhauls our tax code for the first time in three decades by cutting taxes for hardworking taxpayers, small businesses and West Michigan companies. This legislation delivers tax relief for West Michigan by lowering rates, nearly doubling the standard deduction to $12,000 for individuals and $24,000 for families, and doubling the Child Tax Credit from $1,000 to $...
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Recently, Congressman Huizenga joined his Michigan Republicans colleagues in voicing his support for the unified tax reform framework created by the Trump Administration and Congressional Republicans. The following column appeared in Sunday's Detroit News. Michigan deserves tax reform The Detroit News Jack Bergman, Bill Huizenga, John Moolenaar, Fred Upton, Tim Walberg, Mike Bishop, Dave Trott, and Paul Mitchell October 15th, 2017 The last time our tax code was updated was 1986. Since then, it ...
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Asian carp discovery raises stakes to protect the Great Lakes MLive By U.S. Reps. Bill Huizenga, Jack Bergman, Justin Amash, John Moolenaar, Fred Upton, Tim Walberg, Mike Bishop, Paul Mitchell and Dave Trott June 30, 2017 As Michiganders, we have a fundamental understanding of the links between our state's economic health and the environmental health of the Great Lakes. The Great Lakes region provides drinking water, jobs, nearly endless recreational opportunities and, of course, countless memo...
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The economic downturn in 2008 cost Michiganians their jobs, families their savings, and some even their homes. In response to this seismic event, Democrats in Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. According to its supporters, Dodd-Frank was a panacea of regulatory solutions that would end “too big to fail” and prevent a future financial crisis. In reality, Dodd-Frank has made it even more difficult for struggling famili...
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The economic downturn in 2008 caused Michiganders to lose their jobs, families to lose their savings, and some even to lose their homes. In response to this seismic event, Democrats in Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. According to its supporters, Dodd-Frank was a panacea of regulatory solutions that would end “too big to fail” and prevent a future financial crisis. In reality, Dodd-Frank has made it even more diffi...
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With funding for protecting the Great Lakes on the chopping block under the Trump administration’s budget proposal, U.S. Rep. Bill Huizenga (R-MI) is making both the ecological and the economic case for saving the largest freshwater system in the world. “The Great Lakes ecosystem is extremely important and I believe we need to continue supporting it – the cleanup of it and the restoration of it,” Huizenga told The Ripon Advance in a recent interview. As co-chair of the bipartisan Great Lakes Tas...
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This morning I visited the Outdoor Discovery Center to see first hand how the Great Lakes Restoration Initiative (GLRI) is helping restore wetlands, reduce flooding, and stop harmful runoff from flowing into rivers, Lake Macatawa, and Lake Michigan.
More positive news for West Michigan’s economy! It’s wonderful to see innovative manufacturers continue to expand and/or choose West Michigan as the place to invest, grow, and create good-paying jobs!
This afternoon, the House passed bipartisan legislation to improve care for our veterans and strengthen the Great Lakes economy by ensuring that harbors in Grand Haven, Ludington, Holland and other across the Great Lakes are properly dredged. These are among the first set of legislative funding priorities that have passed Congress and are now headed to the President’s Desk to be signed into law. You can read my full statement on the Conference Report to accompany H.R. 5895, the Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs (VA) Appropriations Act below.
Today West Michigan says farewell to one of the people who helped shape our community into the incredible place it is today. Thank you for all that you have done for West Michigan Rich and while your legacy will live on, know that your leadership and friendship will be deeply missed. Rest well Rich.
The engine of our economy is powered by small business job creators and thanks to tax and regulatory reform they are feeling more confident than ever before. "As the tax and regulatory landscape changed, so did small business expectations and plans," said NFIB President and CEO Juanita D. Duggan. Capital spending is at it's highest level in a decade and small businesses are reporting record levels of job creation!