Economic development focus
After Snyder returned to Michigan, he became active in economic development issues. Former Gov. John Engler appointed him as chairman of the Michigan Economic Development Corp. from 1999 to 2001.
In 2005, he brought together a coalition of business leaders, university executives and political officials to form Ann Arbor SPARK, a nonprofit organization devoted to boosting the Ann Arbor region’s economy. Snyder said he believes SPARK’s model can be extended to the rest of the state.
“Most of the things we’re doing I think have potential to be duplicated in other areas and, in fact, create collaboration,” SPARK CEO Michael Finney said, emphasizing SPARK does not make political endorsements.
Snyder also wants to eliminate most of the state’s tax incentives, arguing the state should focus on creating a better environment for businesses. He wants to ax the controversial Michigan Business Tax and replace it with a flat 6 percent corporate income tax.
“The Michigan Business Tax is a job killer,” he said. “It’s fundamentally unfair.”
Snyder has faced skepticism among social conservatives who question his views on issues like abortion. He said he believes abortion should be illegal except in cases of rape, incest or when the mother’s life is in danger.
Still, he has repeatedly said sparking Michigan’s economic revitalization is what interests him most. That’s why he got into the campaign in the first place, and he showed early he is not afraid to spend his own money.