Trending FOX BUSINESS News: Michigan OKs tax incentives for Detroit projects, Amazon

Michigan OKs tax incentives for Detroit projects, Amazon

Michigan’s economic development board awarded $618 million in tax incentives on Tuesday for a $2.1 billion development project in Detroit that includes a 58-story building on the site of the iconic former J.L. Hudson department store — the first use of new state tax breaks for “transformational” redevelopment work.

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