Michigan Pores har acon isa Economic 50 Economic Performance Rank (1=best 50=worst) AA backward-looking measure based on the state's per- formance (equal-weighted average] in the three impor= tant performance variables shown below. These vari- ables are highly influenced by state policy. Performance Rank State Gross Domestic Product, ‘Cumulative Growth 2002-2012 13.8% Rank: SO 08 ‘04 ‘05 06 07 “08 09 "10 “1 “2 Absolute Domestic Migration Cumulative 2003-201: 573,817 Rank: 47 Non-Farm Payroll Employment Cumulative Growth 2002-2012 10% Rank: 50 0} 08 "05 "06 (07 "08 “9 “0 “31 “12 12 = (equal-weighted average) in the 15 important state policy ECONOMIC OUTLOOK RANK 17 34 26 25 17 20 pe Coc Tap Marginal Personalincome TaxRate 6.65% 29 TopMarginalCorporate Income TaxRate 8.00% 33 Personal Income Tax Progressivity fey Property Tax Burden oa ee {ont $,0000F personal income} ssa00 | 21 Sales Tax Burden or Remaining Tax Burden : (er $1,000 of persnal income] a Estatefinhertance Tax Levied? No 4 Recently Legisiated Tax Ch « 5 (201282013; pe $1,000 of peronatinome) “$072 10 Debt Service as aShare of Tax Revenue 89% 32 Public Employees Per 10,000, , Of Population (ul-ime equivalent) on a state Liability system Survey itortigeton testmentieislimpartlty, 63.027 State Minimum Wage aly lfedera oor s 3725) ae Averoge Workers’ Compensation Costs gi 93 4g Right to-Work s ota {opton tn or support union) Number of Tax Expenditure Limits ata (stesstiwort Joma wuwaslecorg 92State Rankings ables. Each of these factors is influenced directly by state lawmakers through the legislative process Generally speaking, states that spend less especially on income transfer programs, and states that tox less—particularly on productive activities such as working or investing—experience higher growth rates than states that tax and spend more, T he Economic Outlook Ranking is a forecast based on a state's current standing in 15 state policy var The Economic Performance Ranking is a backward-looking measure based on a state's performance on three important variables: State Gross Domestic Product, Absolute Domestic Migration, and Non-Farm Payroll Employ: ‘ment~all of which are highly influenced by state policy. This ranking details states’ individual performances over the past 10 years based on this economic data Table | ALEC afer State Economic Outlock Rankings, 2034 a aes 7 Utah Arkansas 2 south Datos ” Delaware 3 inion x Massachusetts 4 North Daota » Lovisiana 5 idaho x west i é North casing a Soutncaroina 7 atzona 2 Now ampstire 8 Nevada 3 Pennsyaia 2 wore Maryond ° wyoming Pa Nebraska 1” vega 6 fava 2 etigan ” New Mexico 3 Teas = Washington « Msssip 2 Kentucky 5 Kansas “ soice 6 frida a Rode wand ” wisconsin 2 oregon 2 asta 8 oxtana » Asbame 6 Nowiesey a ovfahama “ annesota 2 Calero ° calfrsa a oa “s nos u Miso 6 vermont 5 ova 0 newt 158 Rich States, Poor states