Quicken Loans possible move to downtown Detroit

[Frankawitz]

Hey this is good news for Detroit, now if we could see a few more big companies like this come in and set up shop it will start to turn the economy around it aint gonna happen over night but at least it's a start. Oh and the video of the Mayor and the Governor this shows they are in each others pocket, I wouldn't give either one of them credit for this move I believe it was all up to Quicken Loans not the Governor or the Mayor they just got lucky Quickens went to Detroit, The other thing is now all the folks who work for Quicken will have to pay the city Taxes that will be tagged on to their pay checks, But at least there is a company willing to try to make it work in the city of Detroit.

[magellan]

Originally Posted by Frankawitz

Hey this is good news for Detroit, now if we could see a few more big companies like this come in and set up shop it will start to turn the economy around it aint gonna happen over night but at least it's a start. Oh and the video of the Mayor and the Governor this shows they are in each others pocket, I wouldn't give either one of them credit for this move I believe it was all up to Quicken Loans not the Governor or the Mayor they just got lucky Quickens went to Detroit, The other thing is now all the folks who work for Quicken will have to pay the city Taxes that will be tagged on to their pay checks, But at least there is a company willing to try to make it work in the city of Detroit.

I agree about the mayor and the Gov. Total photo op. Thankfully Granholm won't be around when the move happens (it's at least a 3 - 5 year process), and maybe Kilpatrick will be gone as well so that they can't claim credit. This is all because of Quicken's passion for Detroit and for Michigan, plain and simple.

[Br1234]

Originally Posted by Frankawitz

The other thing is now all the folks who work for Quicken will have to pay the city Taxes that will be tagged on to their pay checks, But at least there is a company willing to try to make it work in the city of Detroit.

Wrong....... Maybe. I don't know how Detroit works but in GR if you only work in the city and do not live in it, you do not pay any city income tax.

[Br1234]

Not sure what the big deal is as far as MI-wide news goes but QL was already a Michigan based company. Growth in that company is good but that could happen in Livonia just as easily as Detroit. No real news here. Just more feel good from our worthless governor.