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Economic Development

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 Here is a round up of business news from around Indian Country. 

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Joseph Kalt, a renowned Harvard University international political economist and professor, has devoted a major chunk of his work life to Indigenous economic development and tribal self-determination. So when he sees a president come into office with a “Marshall Plan for Indian Country,” his eyes and ears tend to perk up. His mind races with all the good that could be done, all the problems that tribes could fix if given the opportunity and right conditions — and money.

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WASHINGTON — A new policy paper from the Harvard Project on American Indian Economic Development paints a scathing picture of the U.S. Treasury Department’s allocations related to the $20 billion tribal American Rescue Plan Act funds.

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Here is a round up of business news from around Indian Country.

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Here is a round up of business news from around Indian Country.

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Migizi Economic Development Co., the Mount Pleasant, Mich-based investment arm of the Saginaw Chippewa Indian Tribe, has made strides in diversifying the tribe’s revenue streams “for the long haul.” 

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The Little Traverse Bay Bands of Odawa Indians’ plan for a bald eagle aviary and rehabilitation center has inched closer to reality.

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Corporations will go to great lengths to minimize their tax burdens and locate their operations in business-friendly jurisdictions. 

In the 2010s, that thinking played out in the rise of a strategy called “corporate inversions,” where American corporations merged with smaller foreign rivals based in countries with more favorable corporate tax environments. The American firms moved their corporate headquarters abroad, kept their American operations intact and benefited from a lower tax rate. 

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WASHINGTON — Tribal officials are asking whether the U.S. Department of Commerce and other federal agencies truly understand the depth and breadth of the digital divide in Indian Country, especially for the neediest tribes.

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WASHINGTON — Vice President of the United States Kamala Harris offered welcome news to tribes when she recently said the Biden administration will review federal agency memos and rules related to Public Law 102-477 after tribal consultation takes place.