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GM May Leave Detroit?
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Re: GM May Leave Detroit?
There is no indication that GM will leave Michigan. The talk is that they will consolidate to the Warren Tech center where a lot of the engineering happens. This is a smart move as they are currently paying the city of Detroit 3% income tax to have there headquarters in that slice of heaven. The RenCen and the water front is nice but to waste the revenue on more taxes is rediculous.
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Re: GM May Leave Detroit?
Oh boy, this will get offers rolling in from various states. I lived in the midwest for a # of years, been a mass exodus
of manufacturing. One state offered to build a plant for a certain manuf, + no taxes for 10 years. Of course this will
be gargantuan compared to anything we've seen. I can't remember, What did Ill. offer Boeing to relocate there?
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